Dentons has acted as Oman counsel to the joint lead managers, on the debut issuance of US$500 million Trust Certificates due 2031 by Omantel Sukuk Limited, a special purpose vehicle issuer incorporated in the Cayman Islands. The transaction, which settled on 24 January 2024, represents the inaugural international sukuk issuance by Omantel (as trustee), Oman’s […]
White & Case LLP has advised Actis on its acquisition of a newly carved-out tower portfolio from leading Central & Eastern European telecommunications operator Telekom Srbija. “This is an extremely exciting transaction for Actis and
Capital Markets
Deal & transactions
Egypt
Industrial
Raya Auto partners with XPeng Motors to import electric vehicles
Helmy, Hamza & Partners, Baker McKenzie Cairo had advised Raya for Advanced Manufacturing (“Raya Auto“) on its agreement with Guangzhou Xiaopeng Motors Trading Co Ltd (“XPeng Motors”), a Chinese electric vehicle (EV) manufacturer. Raya Auto,
Banking & Finance
Deal & transactions
E-Commerce
Other
Paymob expands into Oman by partnering with NBO
In a groundbreaking step towards fostering digital innovation and financial inclusion in Oman, the National Bank of Oman (NBO) proudly announces a strategic alliance with Paymob, a leading Payment Services Provider (PSP) recently authorized by
The Abu Dhabi Chamber of Commerce and Industry has inaugurated the Abu Dhabi International Arbitration Centre, branded as arbitrateAD. Effective today, the governance structure and arbitration rules of arbitrateAD will supersede those of the Abu
Simmons & Simmons has announced plans to expand its Middle East practice by opening a new office in Riyadh, marking its first presence in the Kingdom of Saudi Arabia (KSA). The KSA is one of
Matouk Bassiouny & Hennawy (MBH) has acted as legal counsel to Dentsu in the acquisition of a 100% stake in its Egyptian subsidiary, Dentsu Creative for Media and Advertising Services S.A.E. (Dentsu Egypt). In 2016,
ALC Lawyers & Counsels, an Omani law firm, has signed memorandums of association with some diplomatic bodies in Oman, including the Republic of Austria’s embassy. The firm will handle the legal work for the
In a landmark ruling, the Kuwaiti Court of Cassation has dismissed Kurdistan Regional Government’s appeal against a previous judgment favoring Alcazar Capital, a subsidiary of Kuwait-based Agility. Upholding the earlier ruling by Kuwait’s
Deal & transactions
Healthcare, Pharma & Life Sciences
TMT
United Arab Emirates
e& Enterprise Launches Telemedicine Project with Burjeel Holding
e& Enterprise and Burjeel Holdings, key players in the MENA healthcare sector, have joined forces in two groundbreaking collaborations to redefine healthcare delivery in the UAE and beyond. These collaborations include the launch of
