In a significant move within Morocco’s pharmaceutical sector, Laprophan, a prominent pharmaceuticals group, has sought legal counsel from Asafo & Co. for its acquisition of Amanys Pharma from SPE Capital and Proparco. The strategic acquisition between Laprophan and Amanys Pharma, backed by an investment from a consortium of investors led by Mediterrania Capital Partners (MCP), […]
Global law firm White & Case has announced the appointment of 42 lawyers from diverse regions worldwide to its partnership. This new partner class, effective January 1, 2024, represents a broad spectrum of expertise, skills, and backgrounds across 11
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Baker McKenzie on Nuran Marina’s AED 133 mil Acquisition
Global legal powerhouse Baker McKenzie has successfully advised FIM Prime Marina Holding Ltd on the Sharia-compliant financing for its acquisition of the prestigious Nuran Marina serviced residences in Dubai Marina. The transaction, valued at AED 133
Gibson Dunn & Crutcher (Gibson Dunn) is set to strengthen its foothold in the Middle East with the establishment of a new office in Riyadh, marking a strategic move to capitalize on the region’s
Deal & transactions
Transport
United Arab Emirates
Emirates and Safran Seal Major $1.2B Aircraft Enhancement Deal
Under the legal guidance of Rick Ward, Group General Counsel (pictured), Emirates, one of the world’s largest international airline, has entered into contracts with Safran valued at over $1.2 billion. The major deal includes a $1
Almarai, a vertically integrated dairy business listed on the Tadawul stock exchange with a substantial market cap of 15 USD billion, has appointed Spyros Zampelis as its Group General Counsel. With over 22 years of legal experience
Winds of positive change in the workplace and society swept through Abu Dhabi’s Energy Centre, as The Inclusion Summit drew to a close. The two-day high-level platform held on November 9-10, 2023, brought together
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to the Arab African International Bank (AAIB) for a medium-term facility contract worth EGP 3.5 billion with Tatweer Misr. The financing, split into EGP 1.7 billion and EGP 1.8
International law firm Bryan Cave Leighton Paisner (BCLP) has announced the election of 24 new lawyers to partnership across 8 different offices, effective January 1, 2024. With this addition, the firm’s total number of partners reaches 480. The new
Education
Egypt
News
Real Estate, Construction & Infrastructure
Hafez & Partners on Inauguration of TSFE Cosmic Village Schools
The Sovereign Fund of Egypt (TSFE), a client of Hafez & Partners, celebrated a significant milestone with the inauguration of four schools in the first phase of the Cosmic Village land development. Hafez & Partners
