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. Axiom Space, a pioneering Houston-based company dedicated to constructing the world’s inaugural commercial space station, led this investment round. The Series C investment […]
Jeddah, Saudi Arabia – Dentons, the world’s largest global law firm, is taking a significant step in its expansion plans within the Kingdom of Saudi Arabia by moving into a new, iconic office space in
In a landmark development, Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale of Goods (CISG), solidifying its commitment to enhancing international trade relations and fostering a more
In a move that underscores its commitment to becoming a regional investment powerhouse, Saudi Arabia has unveiled a joint initiative aimed at enticing multinational groups (MNGs) to establish their regional headquarters (RHQs) within the Kingdom.
Saudi Arabia’s Public Investment Fund (PIF) is setting up a company to offer services such as utilities, energy and waste management as well as maintenance, housekeeping, security, and landscaping services to key industries that
Capital Markets
Industrial
Saudi Arabia
Dentons on Farabi Petrochemicals’ first overseas acquisition
Global law firm Dentons acted as legal counsel to Saudi Arabia’s Farabi Petrochemicals Company (Farabi) on its landmark first overseas acquisition. In a strategic move to expand its foothold in the Asian market, Farabi
Addleshaw Goddard, international law firm, is expanding its presence in Riyadh, Kingdom of Saudi Arabia (KSA), in preparation for its upcoming launch in the region. The firm has announced the addition of Christian Both, a
News
Real Estate, Construction & Infrastructure
Saudi Arabia
SEVEN Unveils New Entertainment Destination in Almadinah
Saudi Entertainment Ventures (SEVEN), a subsidiary of the Public Investment Fund (PIF), has announced the construction of a new entertainment destination in Almadinah, and work is already underway. The construction is being carried out by
Healthcare, Pharma & Life Sciences
IPOs
Saudi Arabia
Legal Advisors assists ProMedEx in its USD19.04M IPO on Nomu
Legal Advisors Abdulaziz Alajlan & Partners, in association with Baker & McKenzie Limited, has acted as legal counsel for Professional Medical Expertise Company (ProMedEx) through its initial public offering (IPO) on the Parallel Market of
Capital Markets
Healthcare, Pharma & Life Sciences
Saudi Arabia
Horizon Participation acquires into Deqh Laboratory Company
Meysan Partners’ Riyadh office advised Horizon Participation Holding, a Kuwaiti group subsidiary (“Horizon”), on acquiring a minority stake in Deqh Laboratory Company in Saudi Arabia. The acquisition will follow a scheme of arrangement under the
