Global law firm Cleary Gottlieb is advising OCI N.V., a prominent player in natural gas-based fertilizers and industrial chemicals, on two significant strategic sales amounting to a total of $7.2 billion. The transactions involve the sale of OCI’s equity stake in Fertiglobe PLC to ADNOC and the sale of IFCo to Koch Ag & Energy […]
Al Tamimi & Company, a prominent law firm operating across 17 offices in 10 countries, announced the promotion of eight individuals to Partner positions within various key departments. The appointments, effective from January 1, 2024, highlight the firm’
Deal & transactions
Transport
United Arab Emirates
DP World’s Carbon Neutral Vision with Industrial Innovation Group
In a significant step towards sustainable development and carbon neutrality, DP World, under the guidance of Olivier Schwartz, Group Chief Legal Officer & General Counsel, has inked a Carbon Removal Certification Agreement with Industrial Innovation
Deal & transactions
Services
United Arab Emirates
Circular Innovation: Aldar, Tadweer and Polygreen Launch Ecoloop
Aldar Properties (“Aldar”), Tadweer (Abu Dhabi Waste Management Company) and global circular economy solutions expert Polygreen have established a joint venture to unveil Ecoloop. This innovative circular model, the first of its kind in the
Air Arabia, a major low-cost carrier in the Middle East and North Africa, celebrated the inaugural flight to Phuket, Thailand, under the legal guidance of Group Head of Legal, Osama Romeih (pictured). The event,
Deal & transactions
Energy & Trading
United Arab Emirates
TAQA Explores Shareholding in Greece-Cyprus HVDC Project
In a significant move towards enhancing energy connectivity in the Eastern Mediterranean, Abu Dhabi National Energy Company (TAQA), a major utility player, has signed a Memorandum of Understanding (MoU) to explore becoming a shareholder in
Deal & transactions
Energy & Trading
United Arab Emirates
Masdar and Hy24 Forge Green Hydrogen Alliance
In a groundbreaking move during the UN’s Climate Change Conference, COP28, renewable energy giant Masdar and clean hydrogen investor Hy24 have inked a strategic joint development and investment framework agreement. This collaboration aims to
Deal & transactions
Industrial
United Arab Emirates
ADNOC and OCI Global Forge Agreement for Fertiglobe Acquisition
With legal oversight from Adnoc’s Chief Legal Officer, Marwan Naim Nijmeh and Maud de Vries, Chief Legal and. Human Capital Officer at OCI Global, Abu Dhabi National Oil Company (ADNOC) and
Masdar Announces Major Renewable Energy Deals at COP28 Masdar, the Abu Dhabi-based renewable energy company, has announced a series of landmark deals at COP28, marking significant progress in its global renewable energy development. The company
Corporate
Private Clients
Transport
United Arab Emirates
UAE Tax Dispute Resolved: Victory for Habib Al Mulla and
In a groundbreaking legal triumph, Habib Al Mulla and Partners‘ esteemed tax and financial crimes team secured a resounding success in a recent taxation dispute brought before the Federal Supreme Court of the United Arab
