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 a pioneering 900km high-voltage direct current (HVDC) electricity interconnection project between Greece and Cyprus. Under the legal guidance of Mohammad […]
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
Banking & Finance
United Arab Emirates
UAE’s Enhanced AML/CFT Framework: A Deep Dive into Cabinet Decision
Taking Measures to Combat Money Laundering and Terrorism Financing Crimes Cabinet Decision No. 109/2023 marks a significant step in the UAE’s fight against financial crime, introducing a robust and forward-thinking approach to anti-money laundering (AML)
In a global expansion of its partnership, Norton Rose Fulbright elevates 49 lawyers across 10 practices for the 2024 class. The promotions, effective January 1, 2024, span 22 offices worldwide, including South Africa where directors have been appointed. Key practice areas
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) played a key role in guiding Invest Bank through its groundbreaking capital restructuring plan. This involved a landmark move where the Government of Sharjah provided a guarantee for
Global law firm Dentons has provided legal counsel to Immensa, a prominent additive manufacturing and digital inventory platform operating in the MENA region. Immensa successfully secured a substantial investment of US$20 million in its latest
The Global Association of Corporate Counsel (“ACC”) has approved the appointment of Dr. Mogy to officially take the reins as the new President and Chairman of Board of Directors of ACC Middle East and North
