In a significant move towards bolstering its financial standing, the Government of Sharjah has successfully issued bonds worth USD750 million. The issuance, facilitated by Bank of Sharjah as Joint Lead Manager and Bookrunner, marks a pivotal moment in Sharjah’s financial landscape. The U.S. dollar-denominated sustainable bonds, with a 12-year maturity period, received overwhelming response from […]
Deal & transactions
Energy & Trading
United Arab Emirates
EDGE Group and Indra Forge Radar Technology Alliance
EDGE Group, a technology conglomerate based in Abu Dhabi, has entered into a strategic partnership with Spain’s Indra Sistemas, a renowned information technology and defence systems company, to venture into the global advanced radar
Law firm Stephenson Harwood has bolstered its marine and international trade practice in the Middle East with the addition of two new partners, Mohamed El Hawawy (pictured right) and Khurram Ali (pictured left), along with
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance Guides Binghatti’s $300M Debut Sukuk Issue
Global law firm Clifford Chance has provided legal counsel to Binghatti Holding Limited (“Binghatti”) on its inaugural issuance of US$300 million ijara-murabaha sukuk, which concluded on February 29, 2024. This debut venture into the international debt capital
Banking & Finance
Energy & Trading
United Arab Emirates
Masdar Secures Funding for Dubai Solar Park. The advisors
International law firm, Dentons has provided legal counsel to Masdar, facilitating the successful financial close of the 1,800MW solar photovoltaic project, known as DEWA Phase VI, within Dubai’s Mohammed bin Rashid Al Maktoum Solar
In a significant move marking the beginning of its unified leadership structure, the newly formed entity A&O Shearman has revealed the first wave of senior appointments, set to take effect on May 1, 2024. This
Opinions
Qatar
Saudi Arabia
United Arab Emirates
ESG in the Arbitration Arena: Balancing Act or Game Changer?
With Suzan Taha Step into the world of arbitration with LegalcommunityMENA’s exclusive interview featuring two legal luminaries, Peter Smith and Patrick Gearon from global law firm Charles Russell Speechlys. As we explore the
With Badreldin Elmogadam, SVP- Head of Legal Affairs Division (pictured), at the helm of its legal department, Ajman Bank has recently forged a strategic partnership with KPMG ESG Services, marking a significant step in its
Capital Markets
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
Transport
United Arab Emirates
Al Arabia Secures $142M Advertising Contract with Dubai’s RTA
The UAE subsidiary of the Saudi-listed Arabian Contracting Services Company, (Al Arabia), has signed a significant advertising billboard contract with Dubai’s Roads and Transport Authority (RTA). The deal, valued at 522.84 million UAE dirhams ($142.35 million),
Appointments
United Arab Emirates
Updates
Galadari Advocates & Legal Consultants Welcomes New Partner
Galadari Advocates & Legal Consultants, is pleased to announce the addition of a new partner, Charbel Fadel, effective March 1st. This strategic move aims to enhance the firm’s corporate practice and expertise. Charbel Fadel,
