Under the visionary directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Nakheel and Meydan will merge with Dubai Holding, marking a significant step towards sustained growth and enhanced global competitiveness for Dubai. Led by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Nakheel and Meydan will […]
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
ADREC Teams Up with Bayut, Dubizzle and Property Finder
Abu Dhabi’s Real Estate Centre (ADREC) has signed a Memorandums of Understanding (MoUs) with leading real estate platforms, Bayut, Dubizzle, and Property Finder. The objective is to augment transparency, efficiency, and decision-making within Abu
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC Inks Second Long-Term Deal for Ruwais LNG Project
ADNOC has signed a 15-year Heads of Agreement with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of one million metric tonnes
Banking & Finance
TMT
United Arab Emirates
Trowers Advises Core42 On Securing Strategic Loan Facility
International law firm Trowers & Hamlins has acted as the English and UAE counsel to Injazat Data Systems in relation to a secured term loan facility availed from Abu Dhabi Commercial Bank. Injazat, now
As of March 2024, Andrea Appella (pictured) has assumed the role of Associate General Counsel EMEA at OpenAI, the company founded by Elon Musk to develop artificial intelligence technologies, including ChatGPT. This new position marks a
Banking & Finance
United Arab Emirates
Latham & Watkins Advises Investcorp on USD800M Financing Deal
Latham & Watkins has provided legal counsel to Investcorp Capital plc (Investcorp) on securing a significant US$800 million credit facility. This facility, arranged by a consortium of regional and international banks, underscores the strong support
Capital Markets
Services
United Arab Emirates
Clyde & Co Advises ITG on Logistics Company Share Sale
Global law firm Clyde & Co provided legal counsel to Investment Trading Group (ITG), the Investment Office of Al Tayer Group, on the sale of its 60 per cent shareholding in a market leading logistics company
With Suzan Taha As technology advances, Artificial Intelligence (AI) is rapidly transforming legal practices, including dispute resolution. In a recent interview with LegalcommunityMENA, legal experts from Charles Russell Speechlys, Thomas Snider (Head of International Arbitration),
Luxury hospitality brand Aman Group is set to make its grand entrance into the UAE with the highly anticipated opening of Aman Dubai, a lavish all-suite resort situated on Jumeirah beachfront. The project, slated for
Banking & Finance
Energy & Trading
United Arab Emirates
UAE’s Barakah Plant: Asia & Africa’s First Green Loan Facility
The Barakah Nuclear Energy Plant’s AED8.89 billion refinancing, hailed as a Green Loan Facility, marks a pivotal step in reinforcing its vital role in rapidly decarbonizing the UAE’s power grid. Recognized
