Matouk Bassiouny & Hennawy (MBH) provided legal counsel to AlArafa for Investments and Consultancies (Al-Arafa) in its demerger, resulting in the formation of Concrete Fashion Group for Commercial and Industrial Investment (Concrete Fashion Group) and GTEX for Commercial and Industrial Investments (GTEX). The demerger enables each entity to pursue distinct growth strategies, enhancing focus on […]
Saudi-based milling and nutrition company, Modern Mills Company (MMC) has successfully debuted on the main market of the Saudi Exchange (Tadawul) with the guidance of global law firm Baker McKenzie. The Initial Public Offering (IPO),
Deal & transactions
Energy & Trading
United Arab Emirates
EWEC and Tadweer Group Forge Green Partnership in Abu Dhabi
Under the legal guidance of Laura Thomson General Counsel at EWEC and Seif Hijazi Group General Counsel at Tadweer, EWEC (Emirates Water and Electricity Company) and Tadweer Group have partnered with a Japan-based consortium to
In a significant development for the automotive industry, Bahrain Mumtalakat Holding Company (“Mumtalakat”) has taken full control of the renowned McLaren Group. This acquisition includes a majority stake in the McLaren F1 team, solidifying Mumtalakat’
Al Nowaisser & Al Suwaylimi Attorneys and Counselors at Law (NSAC) acted as legal counsel for Alaa Saeed, Co-Founder of Array Innovation (Array), in the signing of a significant launch agreement with Bahrain Mumtalakat Holding
Banking & Finance
Transport
United Arab Emirates
Dentons Facilitates US$235 Million Ship Financing for ABGC
International law firm, Dentons has provided legal counsel to a consortium of financiers on a groundbreaking Shari’a-compliant syndicated ship financing, amounting to US$235 million, for a joint venture between Al Seer Marine and BGN,
Sarie Eldin & Partners Legal Advisors successfully represented Ace Links Company in obtaining a golden license from the General Authority for Free Investment (GAFI). The golden license, a comprehensive business permit granted by the Egyptian
Global law firm HFW has recently announced the promotion of 16 new Senior Associates, effective from April 1, 2024. This move underscores the firm’s commitment to expanding its talent pool across its international network and core sectors,
Banking & Finance
Saudi Arabia
Services
Herbert Smith Guides Lenders On Saudi Water Pipeline Project
International law firm Herbert Smith Freehills has advised the lenders to a joint venture (JV) between Cobra Instalaciones y Servicios and Alkhorayef Water & Power Technologies. The joint venture aims to construct a pioneering 150-kilometer-long
UNICEF UK has unveiled a groundbreaking partnership with global law firm Clyde & Co, marking the inception of the Emergency Alliance. This innovative initiative seeks to galvanize upfront private sector investment to bolster UNICEF’s
