Global law firm, Dentons provided legal counsel to the joint lead managers in Binghatti Holding Limited’s debut issuance of US$300 million trust certificates due 2027. The transaction, completed on February 29, 2024, involved Binghatti Sukuk Limited as the special purpose vehicle issuer incorporated in the Dubai International Financial Centre. The issuance, rated B+ by […]
Banking & Finance
United Arab Emirates
Clifford Chance Guides Sharjah’s $750M Sustainable Bond Issue
Global law firm Clifford Chance has provided legal counsel to the Government of the Emirate of Sharjah in a significant milestone: the issuance of $750 million sustainable bonds. The Government, represented by the Sharjah Finance Department,
Galadari Advocates & Legal Consultants has welcomed George Abou Jreich (pictured) to its partnership, marking a significant step in bolstering the firm’s corporate practice. With expertise in corporate, commercial, construction, and tax law, George
Global law firm Ashurst has welcomed Vasi Papadopoulos (pictured) as a partner in the Corporate practice, situated in the UAE. This appointment marks a significant step forward in the firm’s ongoing efforts to enhance
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
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
