In a significant legal victory, Charles Russell Speechlys (CRS) has guided Kuwait Finance House (Bahrain) (KFHB) through a complex case in the English High Court involving a disputed arbitration award termed as “a fabrication.” KFHB found its bank accounts unexpectedly frozen due to third-party debt orders enforcing the alleged arbitration award, each exceeding £70.6 million, […]
Banking & Finance
Healthcare, Pharma & Life Sciences
Saudi Arabia
Linklaters: Saudi German Health Launches US$400m Sukuk
Global law firm, Linklaters has recently provided legal advisory services to Middle East Healthcare Company, commonly known as Saudi German Health, in establishing a SAR 1.5 billion (approximately US$400 million) public sukuk issuance program. The sukuk,
Casablanca welcomes BFA & Co, a dynamic law firm offering diverse legal solutions for businesses, signalling a new era in the city’s legal landscape. The legal landscape in Casablanca, Morocco, sees a notable addition
Capital Markets
Competition & Antitrust
Other
Regulatory
Meysan Secures Legal Victory, Dismisses $100 Million Claims
In a significant legal triumph, the Meysan team, under the leadership of Dr. Abdulwahab Sadeq and Senior Counsel Tarek Diab, successfully defended a global automotive company and a local dealer against a massive claim. The
OGH Legal has appointed Mohamed Kandeel (pictured) as Counsel, recognising his expertise and contribution to the firm. Kandeel, who previously served as a senior associate, brings extensive experience in Commercial and Corporate Law, Capital Market
In a significant move towards bolstering its financial standing, the Government of Sharjah has successfully issued bonds worth USD750 million. The issuance, facilitated by Bank of Sharjah as Joint Lead Manager and Bookrunner, marks a
Deal & transactions
Energy & Trading
United Arab Emirates
EDGE Group and Indra Forge Radar Technology Alliance
EDGE Group, a technology conglomerate based in Abu Dhabi, has entered into a strategic partnership with Spain’s Indra Sistemas, a renowned information technology and defence systems company, to venture into the global advanced radar
Law firm Stephenson Harwood has bolstered its marine and international trade practice in the Middle East with the addition of two new partners, Mohamed El Hawawy (pictured right) and Khurram Ali (pictured left), along with
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance Guides Binghatti’s $300M Debut Sukuk Issue
Global law firm Clifford Chance has provided legal counsel to Binghatti Holding Limited (“Binghatti”) on its inaugural issuance of US$300 million ijara-murabaha sukuk, which concluded on February 29, 2024. This debut venture into the international debt capital
Banking & Finance
Energy & Trading
United Arab Emirates
Masdar Secures Funding for Dubai Solar Park. The advisors
International law firm, Dentons has provided legal counsel to Masdar, facilitating the successful financial close of the 1,800MW solar photovoltaic project, known as DEWA Phase VI, within Dubai’s Mohammed bin Rashid Al Maktoum Solar
