Global law firm Baker McKenzie has provided legal counsel to Fairfax Financial Holdings Limited (“Fairfax”) in its acquisition of KIPCO’s 46.32% shareholding in Gulf Insurance Group K.S.C.P (“GIG”) for approximately USD 860 million. Fairfax, headquartered in Toronto, is a prominent holding company engaged in property and casualty insurance, reinsurance, and associated investment management. Gulf Insurance […]
Banking & Finance
Healthcare, Pharma & Life Sciences
Saudi Arabia
KN&P Guides Clinicy in Landmark Series A Funding
KN&P has acted as legal counsel for Saudi health tech startup Clinicy in successfully securing a substantial seven-figure investment in a Series A funding round, marking a significant milestone for the
Matouk Bassiouny & Hennawy (MBH) acted as the Egyptian legal counsel to the TSFE Infrastructure & Utilities Sub Fund (TSFE) in connection with the negotiation of a framework agreement with ACWA Power, a Saudi-listed joint
Matouk Bassiouny and Hennawy (“MBH”) Arbitration Group secured a significant victory with the successful resolution of a dispute for a global market leader in the oil and gas industry. This industry giant operates on a
Al Tamimi & Company has appointed Aaron Dikos (pictured) as Partner in the Corporate Commercial practice. Returning to the firm after serving as a consultant, Dikos brings extensive experience in the Middle East market. With
Matouk Bassiouny & Hennawy (“MBH”) served as the legal counsel in Egypt to the TSFE Infrastructure & Utilities Sub Fund (“TSFE”). Acting on behalf of the New and Renewable Energy Authority, the Egyptian Electricity Transmission
Sharkawy & Sarhan Law Firm (Sharkawy & Sarhan) has been instrumental in the pivotal step forward for the transformative Damietta Port Project, participating in the signing of the Financing Documents following the earlier signing of
Deal & transactions
Food & Beverage
Saudi Arabia
United Arab Emirates
King & Spalding: Jadwa Investment acquires Blackspoon Group
International law firm King & Spalding has served as legal counsel to Jadwa Investment (Jadwa) in its acquisition of Blackspoon Group (Blackspoon), a Dubai-based food and beverage operator. Jadwa, a prominent investment management and advisory
Allen & Overy (A&O) has announced the reappointment of finance specialist Haris Meyer Hanif (pictured), effective January 1, 2024, marking an expansion in the firm’s Middle East restructuring and insolvency practice. Haris Meyer
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Baker McKenzie in Anantara The Palm Dubai Resort Acquisition
Global law firm Baker McKenzie has offered legal guidance in the acquisition of Anantara The Palm Dubai Resort, situated on the renowned Palm Jumeirah island in Dubai, UAE. The transaction encompassed the acquisition of both
