Al Rajhi Banking and Investment Corporation has successfully completed the issuance of SAR 6,500,000,000 3.5% fixed rate resettable additional tier 1 capital sukuk. Al Rajhi Capital Company acted as sole lead manager and bookrunner on the transaction. The issuance is the largest in size by a financial institution in the Kingdom and attracted high demand […]
Helmy, Hamza & Partners, Baker McKenzie’s Cairo office, has recently advised Pioneers Properties for Urban Development on a real estate securitization transaction. The total value of the securitization bond program is EGP 3 billion divided
A diverse group of Egypt’s banks, insurance companies, financial institution as well as private investors have come together to set up a new fund dedicated to investing in K12 private schools in Egypt. The
Mercedes-Benz Egypt has announced its intention to localize the manufacturing of electric vehicles in the country in the coming period. The National Automotive Company (NATCO), the owner of the largest distribution network of Mercedes-Benz cars
Cosmetic and skin care brand Huda Beauty has tapped Liam Collens as its new general counsel. Collens joins the company from multinational consumer goods company Reckitt, where he was part of the legal team for
Sustainability and digital experts currently operating in the UAE, KSA and Egypt, Beeah Group have appointed Shaun Johnson (pictured) as its group general counsel. Johnson reports to the group ceo Khaled Al Huraimel, who highlighted
