ADSERO – Ragy Soliman & Partners served as the Egyptian Local Counsel to the Egyptian Ministry of Finance (MOF) in the issuance of RMB-denominated bonds, commonly known as “Panda Bonds,” in the Chinese market. The issuance, totalling 3.5 billion Renminbi (approximately USD 500 million), marks a historic milestone as Egypt becomes the first in the […]
Global law firm HFW acted as legal counsel on the launch of the shipping industry’s inaugural sustainable fund. The fund, known as Low Emission Methanol Shipping Company (LEMSCO), was initiated by maritime investment advisor
Global law firm Ashurst has received official approval from the Ministry of Justice to operate in the Kingdom of Saudi Arabia. This milestone follows a decade-long strategic alliance with Faisal Adnan Baassiri Law Firm. The
Corporate
Diversity & Inclusion
United Arab Emirates
Abu Dhabi Hosts Pioneering Inclusion Summit 2023
Abu Dhabi took center by hosting The Inclusion Summit 2023, positioning itself as the epicenter for diversity and inclusion discussions during the largest cross-industry event in the MENA region. Organized by DEI impact company, Aurora50, the
Corporate
Deal & transactions
Saudi Arabia
Services
United Arab Emirates
Beeah Group Launch Joint Venture for Waste Solutions in Medina
Guided by Group Chief Legal Officer Shaun Johnson (pictured), Beeah Group, a trailblazer in sustainability and digitalization, has established a joint venture with the Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of the
Deal & transactions
TMT
United Arab Emirates
Al Tamimi & Co. and Harvey Transforming MENA Legal Landscape
In a strategic move set to revolutionize the legal landscape in the Middle East and North Africa, Al Tamimi & Company, the region’s premier law firm, has joined forces with Harvey, a leading provider
Clifford Chance has acted as issuer’s counsel to SAL Logistics Services Co. on its SAR 2.544 billion (approx. US$678.4 million) landmark IPO with an implied market capitalization at listing of SAR 8.84 billion (approx. US$ 2.261 billion),
Deal & transactions
Egypt
Energy & Trading
Real Estate, Construction & Infrastructure
Sodic and EME Collaborate on VYE Solar Project in Cairo
Sodic, an Egypt-based real estate developer, has joined forces with Electro-Mechanical for Energy (EME) solar company, to initiate the installation of 400 rooftop solar panels at VYE, Sodic’s mixed-use development in West Cairo. Overseeing
International law firm, Trowers & Hamlins is reaffirming its commitment to Oman and the regional market through strategic internal relocations and a new addition to its Corporate practice. Leading this initiative is Partner Benjamin O’
Egypt
Real Estate, Construction & Infrastructure
Egyptian Cabinet Tightens Rules for Foreign Real Estate Ownership
The Egyptian Cabinet has finalized drafting an amendment to law no.230/1996 regulating the ownership of real estate and lands by foreigners. The amendment will require foreigners to transfer the payment for real estate purchases to
