Saudi-based investment management company, Asyad Holding Group has appointed Ziad Touma (pictured) as its chief legal officer. Touma brings a wealth of experience to the role, having served in a number of senior legal positions throughout his career. Prior to joining Asyad Holding Group, Touma served for almost 6 years as group general counsel and chief compliance […]
From MENA to the WORLD The legal system of the Kingdom of Saudi Arabia (KSA) has a long and complex history that can be traced back to the pre-Islamic period, when the region was governed
Linklaters has recently announced the election of 41 new partners across its network, effective from May 1st, 2023. One of the newly elected partners is Dalia Nammari (pictured above), a Dubai-based capital markets practitioner with over 11 years
Banking & Finance
IPOs
United Arab Emirates
Clifford Chance advises on Al Ansari Financial Services IPO
International law firm Clifford Chance has acted as international issuer’s counsel to Al Ansari Financial Services on its highly successful initial public offering (IPO) and listing on the Dubai Financial Market (DFM). Following the
Global law firm Dentons has provided legal counsel to the Islamic Development Bank (IsDB) on the issuance of USD2 billion trust certificates as part of its USD25 billion trust certificate issuance programme. The transaction, which
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco acquires 10% Stake in China’s Rongsheng Petrochemical
Saudi Arabian Oil Company (Aramco) has recently signed definitive agreements to acquire a 10% stake in Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion (USD 3.6 billion). The acquisition deal will bolster Aramco’s downstream presence in China
With Suzan Taha Foreign Direct Investment (FDI) in Egypt has been a key driver of economic growth and development in the country. In recent years, Egypt has implemented a number of reforms to improve its
Al Tamimi & Company’s Morocco office has been granted Casablanca Finance City (CFC) status. In acquiring this status, the law firm joins an extensive business community, consisting of approximately 200 highly regarded regional and international
Meysan Partners has achieved a significant legal victory for Iraq Telecom Limited (IT Ltd.), a joint venture between Agility Public Warehousing Company and Orange, in a recent International Chamber of Commerce (ICC) arbitration against Korek
EFG Hermes, the investment bank franchise specializing in Frontier and Emerging Markets (FEM), has successfully concluded its advisory role in valU’s fourth securitized bond issuance, valued at EGP 856.5 million. The transaction is part of
