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), valued at approximately SAR 3.928 million (USD 1.047 million), marks a pivotal moment for MMC and the broader regional market. […]
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
King & Spalding acted as counsel to Franklin Templeton in the initiation of its operations in Saudi Arabia. Establishing Franklin Templeton Financial Company in Riyadh, regulated by the Saudi Arabia Capital Market Authority, marks
Appointments
Egypt
Qatar
Saudi Arabia
United Arab Emirates
A&O Shearman Announces Senior Leadership Roles
Major law firms Allen & Overy (A&O) and Shearman & Sterling (Shearman) announced the first wave of senior leadership roles for their upcoming combined firm, A&O Shearman. The appointments will be
Saudi’s Capital Market Authority (CMA) has granted approval for the registration and initial public offering (IPO) of shares by Miahona Company. The decision, made by the CMA Board on 10/09/1445H corresponding to 20/03/2024G, allows
With Group General Counsel Spyros Zampelis (pictured) at the helm of its legal department, Almarai Company, one of the Middle East’s largest dairy company, has announced its comprehensive investment strategy for the upcoming
Meysan Partners‘ Riyadh office offered advisory services to Allub Industrial Company, a subsidiary of a prominent Kuwait-based group, in its acquisition of a 100% stake in Al Aber Global Industrial Company. Al Aber Global is a
In a bid to reinforce its commitment to growth and innovation, KLA Firm has announced a significant rebranding initiative, introducing itself as KLA. This unveiling showcases not only a fresh logo but also a revitalized
