Beltone Financial Holding, a dynamic and rapidly growing investment bank, is delighted to announce a significant milestone achieved by its wholly-owned subsidiary, Beltone Leasing Company. The Financial Regulatory Authority has granted final approval for the addition of Factoring to the Company’s portfolio, allowing it to emerge as a fully-fledged alternative finance provider. The decision to […]
Shalakany, a leading law firm, is thrilled to announce a significant triumph in securing a favorable tax decision worth approximately EGP 36 million for a prominent Non-Banking Financial Services (NBFS) group of companies. This achievement follows
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance: Expo City Dubai launches sustainable residential projects
International law firm Clifford Chance has provided legal services to Expo City Dubai during the successful off-plan launch of two sustainable residential projects, namely “Mangrove Residences” and “Expo Valley.” Mangrove Residences is set to feature
Banking & Finance
Energy & Trading
Saudi Arabia
Eversheds Sutherland on the financial close of 2 Solar PV Projects
Eversheds Sutherland together with AlDhabaan & Partners in association with Eversheds Sutherland, advised Saudi Power Procurement Company, as the procurer and offtaker, for the Al Shuaibah 1 and Al Shuaibah 2 solar photovoltaic projects which achieved financial
International law firm Eversheds Sutherland has acted as legal counsel to MEEZA QSTP (Public) (“MEEZA”) on its QAR704 million initial public offering (IPO) and subsequent listing on the Qatar Stock Exchange. MEEZA’s IPO, which
Banking & Finance
Saudi Arabia
TMT
Clifford Chance: TAWAL secures $1.42b financing for tower acquisitions
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
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
