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 Arabia owning a chain of clinics specializing in dentistry and dermatology. This acquisition marks Malaz Capital’s investment under the Malaz […]
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
Capital Markets
Food & Beverage
Saudi Arabia
Baker Botts: Tamimi Markets Acquires Al Raya Supermarket Chain
Tamimi Markets Company (“Tamimi”), a prominent Saudi family-owned supermarket business, has successfully acquired 100% of Al Raya For Food Stuffs Company (“Al Raya”), a major supermarket chain operating in the Western region of Saudi Arabia.
International law firm White & Case has provided legal counsel to Africa50, the pan-African infrastructure investment platform, regarding the establishment and initial closing of Africa50 Infrastructure Acceleration Fund I LP (Africa50-IAF), a 12-year closed-end
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Neom and MDLBEAST to Launch Luxurious Sindalah Beach Club
In a groundbreaking collaboration, Neom, the futuristic Saudi Arabian city project, has joined forces with Mdlbeast, a prominent Saudi music entertainment company, to introduce an exclusive beach club experience on Neom’s luxury island, Sindalah.
Banking & Finance
Capital Markets
Deal & transactions
Egypt
MBH Supports ADNOC Group in Major Joint Venture with bp
Matouk Bassiouny & Hennawy has played the role of local counsel to ADNOC Group in a landmark joint venture agreement with global energy giant BP. This partnership will drive the development of key gas assets
