Masdar, the Abu Dhabi Future Energy Company, has made significant strides in expanding its presence in the United States’ renewable energy market. The company has inked a definitive agreement to purchase a 50 percent stake in Terra-Gen Power Holdings II, a major independent renewable energy power producer in the U.S., from Energy Capital Partners (ECP). […]
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Dubai Holding Welcomes Nakheel and Meydan into its Portfolio
Under the visionary directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Nakheel and Meydan will merge with Dubai Holding, marking a significant step towards sustained
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
ADREC Teams Up with Bayut, Dubizzle and Property Finder
Abu Dhabi’s Real Estate Centre (ADREC) has signed a Memorandums of Understanding (MoUs) with leading real estate platforms, Bayut, Dubizzle, and Property Finder. The objective is to augment transparency, efficiency, and decision-making within Abu
With Group General Counsel Spyros Zampelis (pictured) at the helm of its legal department, Almarai Company, one of the Middle East’s largest dairy company, has announced its comprehensive investment strategy for the upcoming
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC Inks Second Long-Term Deal for Ruwais LNG Project
ADNOC has signed a 15-year Heads of Agreement with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of one million metric tonnes
Meysan Partners‘ Riyadh office offered advisory services to Allub Industrial Company, a subsidiary of a prominent Kuwait-based group, in its acquisition of a 100% stake in Al Aber Global Industrial Company. Al Aber Global is a
In a bid to reinforce its commitment to growth and innovation, KLA Firm has announced a significant rebranding initiative, introducing itself as KLA. This unveiling showcases not only a fresh logo but also a revitalized
Banking & Finance
TMT
United Arab Emirates
Trowers Advises Core42 On Securing Strategic Loan Facility
International law firm Trowers & Hamlins has acted as the English and UAE counsel to Injazat Data Systems in relation to a secured term loan facility availed from Abu Dhabi Commercial Bank. Injazat, now
Appointments
Healthcare, Pharma & Life Sciences
Other
Jörg Häring joins Fresenius Medical Care as Global Head of
Fresenius Medical Care, a prominent provider of products and services for people with kidney disease, has appointed Jörg Häring (pictured) as its new Global Head of Legal, Compliance, and Human Resources. Häring,
As of March 2024, Andrea Appella (pictured) has assumed the role of Associate General Counsel EMEA at OpenAI, the company founded by Elon Musk to develop artificial intelligence technologies, including ChatGPT. This new position marks a
