EFG Hermes announced the successful conclusion of a merger and acquisition (M&A) deal for Kazyon, a prominent MENA-based discount retailer. In this transaction, Kazyon acquired a 50% stake in Dukan, the sole discount retailer in Saudi Arabia, marking its strategic entry into the Saudi market. The remaining 50% stake in Dukan will be retained by […]
Banking & Finance
Deal & transactions
Egypt
News
Dreny and Partners Facilitates Major Commercial Paper Issuance
Dreny and Partners, led by Iman Raouf, Partner and Director of Capital Markets and Financial Services, has played a pivotal role in the third issuance of commercial paper by “Global Corp for Financial Services”, valued
Al Tamimi & Company Saudi Arabia has provided legal counsel to the National Center for Privatization (NCP), Ministry of Telecommunications and Information Technology (MCIT) and Al-Madinah Region Development Authority (MDA) in the completion of a
Ibrachy Legal Consultancy (I&P) has acted as legal advisor for Bank of China in facilitating receivables finance for Huawei’s phase IV project with Egypt Telecom. The firm assisted in drafting and reviewing
Capital Markets
Healthcare, Pharma & Life Sciences
Saudi Arabia
Baker Botts Aids Malaz Capital in Ram Medical Clinics Equity
Malaz Capital, the independent investment management firm based in Saudi Arabia, has completed the acquisition of an equity stake in Ram Medical Clinics Company. Ram Medical Clinics is a prominent healthcare service provider in Saudi
Habib Al Mulla and Partners, a prominent law firm based in the UAE, has recently unveiled the promotion of four legal professionals within its ranks. These promotions underscore the firm’s commitment to recognizing talent
Appointments
Oil & Gas
United Arab Emirates
Kyle Knight Names General Counsel, Upstream at ADNOC Group
ADNOC Group has elevated Kyle Knight (pictured) to the position of General Counsel, Upstream. Reporting directly to the Chief Legal Officer, Marwan Naim Nijmeh, Knight brings over two decades of international legal, management, and operational
Uppercase Legal Advisory, has announced its plans to establish a practice in Riyadh, Saudi Arabia, in the second quarter of 2024. This strategic move is part of the firm’s expansion plan in the Middle East
With Faisal Arekat (pictured), Group Senior Vice President of Legal, Governance & Company Secretary, at the helm of its legal team, DP World revealed plans for Bharat Mart, a premier Dubai marketplace scheduled to launch
ASAR, in collaboration with Watson Farley & Williams, contributes to the enhanced Global Aviation Resource Index (GARI), offering insights into Kuwait’s aviation landscape. Ezekiel Tuma (Partner, pictured) and Brenda Ntambirweki (former Senior Associate at
