International legal firm Clifford Chance has provided legal counsel to TAWAL, a subsidiary of Saudi Telecommunication Company (stc), in securing Shari‘a-compliant term loan and bridge finance facilities. These funds will facilitate the acquisition of three telecommunications tower asset companies located in Bulgaria, Slovenia, and Croatia from the United Group. The financing, totalling USD1.42 billion, was […]
Deal & transactions
Fashion, Luxury & Design
Saudi Arabia
GLA & Company facilitates Gissah stake sale to Jadwa Investment
GLA & Company acted as the exclusive legal counsel for Sellers Bait Al Aseel and Mr. Bashar Al Ameer in the recent sale of a 35% stake in Gissah Perfumes Company. This transaction comes ahead of
Deal & transactions
Fashion, Luxury & Design
Other
ASAR: Jadwa acquires 35% Stake in Gissah for Perfumes
In a significant move in the business landscape, ASAR acted as Kuwait law counsel to Jadwa and its subsidiary Entertainment Opportunities Investment Company as it completed the acquisition of a substantial 35% stake in Gissah for
Deal & transactions
Healthcare, Pharma & Life Sciences
United Arab Emirates
Ashurst advises PureHealth on acquisition of Circle Health Group
International law firm Ashurst has provided legal counsel to Pure Health Holding in its acquisition of the Circle Health Group, the United Kingdom’s largest private healthcare group. Pure Health, the Middle East’s largest
International law firm Trowers & Hamlins (‘Trowers’) has entered into a memorandum of understanding with Madaar, a tech startup incubator based in Oman. This collaboration aims to enhance the legal support available to the local
Banking & Finance
Saudi Arabia
Transport
A&O with Aljazira Capital in Axiom Space’s $350M Funding Round
International law firm Allen & Overy (A&O) has provided legal counsel to Aljazira Capital (AJC) as the anchor investor in Axiom Space’s latest funding round, raising USD350 million in Series C funding.
Banking & Finance
Food & Beverage
United Arab Emirates
White & Case on Almarai’s USD2B Trust Programme Update
Global legal firm White & Case has facilitated the successful update of Almarai’s substantial USD2 billion Trust Certificate Issuance Programme (the Programme), as well as overseeing the issuance of USD750 million Trust Certificates under
Swiss law firm Lenz & Staehelin has successfully defended a Lebanese-owned telecommunications operator in proceedings before the Swiss Federal Supreme Court. The case involved the Republic of South Sudan’s attempt to annul an arbitral
Dubai, UAE – August 28, 2023 – Habib Al Mulla and Partners, a distinguished regional law firm providing comprehensive legal services across the UAE and the Middle East, marks the 8th edition of Emirati Women’s Day with the
Banking & Finance
Capital Markets
Egypt
Matouk Bassiouny & Hennawy Advises Tasaheel on EGP 3.34 Billion
Matouk Bassiouny & Hennawy (MBH) is pleased to announce its role as legal counsel to Tasaheel for Financing S.A.E. (Tasaheel) in a significant securitization transaction amounting to EGP 3.34 billion. This transaction marks the
