Eversheds Sutherland has provided legal advice to Damaan Islamic Insurance Company (“Beema”) on the direct listing of 100% of its shares on the Main Market of the Qatar Stock Exchange. Beema’s share have been admitted for trade as of 16 January 2023. Beema is the first company to be listed through direct listing on the Qatar […]
Deal & transactions
Energy & Trading
Qatar
QatarEnergy to construct integrated polymers facility in Texas
QatarEnergy has entered into an agreement with Chevron Phillips Chemical Company to jointly develop an USD8.5 billion integrated polymers facility in Orange, Texas. The companies have made a positive final investment decision on the project and created a joint venture company, Golden Triangle Polymers Company. Chevron Phillips Chemical owns a 51% equity share in the […]
Capital Markets
Energy & Trading
Qatar
United Arab Emirates
Dentons advises Tabreed on the sale of its 44% stake
National Central Cooling Company (“Tabreed”) has disposed of a 44% stake, valued at AED417 million (USD113.5 million), in Qatar District Cooling Company (“Qatar Cool”) to United Development Company. The proceeds of the transaction will be used to finance further growth of Tabreed’s portfolio in key markets. Dentons acted as legal counsel to Tabreed on the […]
Pinsent Masons has appointed international arbitration partner Pamela McDonald (pictured) as the new head of its Doha office, effective 01 July. She succeeds Jonathan Collier who has held the position since 2018. McDonald is an international arbitration specialist, primarily advising clients across the Middle Eastern region in the infrastructure and energy sectors. Recent significant projects […]
Banking & Finance
Qatar
Real Estate, Construction & Infrastructure
Qatari Diar secures green loan for Chelsea Barracks development
Qatari Diar Real Estate Company, an establishment of Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, has secured GBP400 million (USD 491,880,000) in green loan financing for their London based development Chelsea Barracks. The financing, provided by a consortium of five lenders: Credit Suisse AG, Standard Chartered Bank, Allied Irish Bank […]
