Regional law firm, ASAR has secured a significant triumph for its client in a pivotal decision by the Kuwait Cassation Court. The ruling marks the resolution of a longstanding dispute concerning the recognition of a Saudi Court Execution order. The conflict originated from a revolving debt extended by the client to a Saudi company, with […]
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco Awards $7.7B Contracts for Fadhili Gas Plant Growth
Saudi Arabia’s Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded engineering, procurement, and construction (EPC) contracts totalling $7.7 billion for the expansion of its Fadhili Gas Plant in the
Deal & transactions
Food & Beverage
Saudi Arabia
Green Corp Expands Portfolio with Acquisition of Emad Bakeries
Green Corp has announced the acquisition of Emad Bakeries, a prominent industrial bakery based in Jeddah, in a strategic move aimed at bolstering its foothold in the Saudi food processing sector. This acquisition marks a
Deal & transactions
Education
Saudi Arabia
Al Khaleej Training Acquires Adhwa’a Al-Hidaya Schools Stake
Al Khaleej Training and Education Company has formally announced the signing of a significant share purchase agreement aimed at acquiring controlling stakes in Adhwa’a Al-Hidaya Private Schools Company for Boys and Girls, a closed
Healthcare, Pharma & Life Sciences
IPOs
Saudi Arabia
Dr. Soliman Abdul Kader Fakeeh Hospital IPO Cleared by CMA
The Capital Market Authority (CMA) has granted its approval for the registration and initial public offering (IPO) of shares of Dr. Soliman Abdul Kader Fakeeh Hospital Company. This decision, made by the CMA Board on 17/09/1445
ABUHIMED ALSHEIKH ALHAGBANI &Clifford Chance (AS&H Clifford Chance) have played a pivotal role in advising Al Rajhi Capital Company (ARC) on establishing a SAR 1.5 billion Sukuk issuance programme.
Saudi-based milling and nutrition company, Modern Mills Company (MMC) has successfully debuted on the main market of the Saudi Exchange (Tadawul) with the guidance of global law firm Baker McKenzie. The Initial Public Offering (IPO),
Banking & Finance
Saudi Arabia
Services
Herbert Smith Guides Lenders On Saudi Water Pipeline Project
International law firm Herbert Smith Freehills has advised the lenders to a joint venture (JV) between Cobra Instalaciones y Servicios and Alkhorayef Water & Power Technologies. The joint venture aims to construct a pioneering 150-kilometer-long
Banking & Finance
Real Estate, Construction & Infrastructure
Saudi Arabia
Clifford Chance on Cenomi Properties $500 Million Sukuk Issuance
Global law firm Clifford Chance has advised the joint lead managers for a significant sukuk issuance totalling US$500 million by Arabian Centres Company, also known as Cenomi Properties. Additionally, Clifford Chance advised the dealer managers
Allen & Overy (A&O) has inaugurated its Riyadh office, signalling a significant step in its regional growth strategy. Obtaining the necessary license from the Saudi Ministry of Justice, A&O aims to
