Global legal powerhouse Baker McKenzie has successfully advised FIM Prime Marina Holding Ltd on the Sharia-compliant financing for its acquisition of the prestigious Nuran Marina serviced residences in Dubai Marina. The transaction, valued at AED 133 million, was executed in collaboration with Eshraq Investments and culminated in the financing’s seamless closure on October 23, 2023. […]
Deal & transactions
Transport
United Arab Emirates
Emirates and Safran Seal Major $1.2B Aircraft Enhancement Deal
Under the legal guidance of Rick Ward, Group General Counsel (pictured), Emirates, one of the world’s largest international airline, has entered into contracts with Safran valued at over $1.2 billion. The major deal includes a $1
Winds of positive change in the workplace and society swept through Abu Dhabi’s Energy Centre, as The Inclusion Summit drew to a close. The two-day high-level platform held on November 9-10, 2023, brought together
International law firm Bryan Cave Leighton Paisner (BCLP) has announced the election of 24 new lawyers to partnership across 8 different offices, effective January 1, 2024. With this addition, the firm’s total number of partners reaches 480. The new
Corporate
Diversity & Inclusion
United Arab Emirates
Abu Dhabi Hosts Pioneering Inclusion Summit 2023
Abu Dhabi took center by hosting The Inclusion Summit 2023, positioning itself as the epicenter for diversity and inclusion discussions during the largest cross-industry event in the MENA region. Organized by DEI impact company, Aurora50, the
Corporate
Deal & transactions
Saudi Arabia
Services
United Arab Emirates
Beeah Group Launch Joint Venture for Waste Solutions in Medina
Guided by Group Chief Legal Officer Shaun Johnson (pictured), Beeah Group, a trailblazer in sustainability and digitalization, has established a joint venture with the Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of the
Deal & transactions
TMT
United Arab Emirates
Al Tamimi & Co. and Harvey Transforming MENA Legal Landscape
In a strategic move set to revolutionize the legal landscape in the Middle East and North Africa, Al Tamimi & Company, the region’s premier law firm, has joined forces with Harvey, a leading provider
Khalid El Tamimi, in collaboration with BLK Partners, has appointed Tarek Saad (pictured) as a Partner, specializing in General Litigation and Shipping Disputes. In this role, Saad will also take on the responsibilities of
Baker Botts, an international law firm specializing in energy, technology, and life sciences, has announced the latest addition to its Dubai office. Chad Passlow (pictured) has joined the firm as Counsel in the Global Projects
Emirates NBD Bank ,a prominent banking group in the GCC in terms of total assets, has received legal advisory from international law firm Clifford Chance for its groundbreaking issuance of US$750 million inaugural ESG notes (“
