Ibrahim .N. PARTNERS Helps Ajman Bank Raise AED 550 Million in Oversubscribed Rights Issue Dubai-based law firm Ibrahim .N. PARTNERS has played a pivotal role in Ajman Bank’s recent successful AED 550 million Rights Issue. The offering was oversubscribed by 7.4 times, reflecting strong investor confidence in Ajman Bank’s growth prospects. The substantial demand, totaling […]
Consumer protection is a cornerstone of a thriving economy, ensuring that individuals and businesses engage in fair and transparent transactions. Recognizing its significance, the United Arab Emirates (UAE) took a significant step towards bolstering consumer
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC expands presence in Caspian Sea with Absheron Investment
Under the legal guidance of ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured), Abu Dhabi National Oil Company (ADNOC) has taken a significant step towards expanding its presence in the international
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Clyde & Co in Aldar Properties acquisition into Basatin Landscaping
Clyde & Co acted as legal counsel to Zaad Capital on the successful AED 150 million sale of a 75% stake in Basatin Landscaping to Aldar Properties, an Abu Dhabi-based property development, management, and investment company. Aldar
Appointments
United Arab Emirates
Thomas Snider named Head of International Arbitration at Charles Russell
Charles Russell Speechlys has appointed Thomas Snider (pictured) as Partner and Head of its International Arbitration practice. Snider, joining from Al Tamimi & Co, will be based in the firm’s Dubai office. This strategic
Under the leadership of Brooke Lindsay (pictured), Group Chief Legal & Compliance Officer, Emirates Telecommunications Group Company “e&” (formerly Etisalat Group) has recently finalized a binding agreement with PPF Group (“PPF”) to acquire a
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
White & Case: Blue Water Energy sells Kent to Nesma
Global law firm White & Case acted as legal counsel to energy investment firm Blue Water Energy (Bluewater) on the successful sale of engineering company Kent to Nesma & Partners. Since Bluewater’s investment in
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC and Occidental Join Forces for Net Zero Goals
With ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured) at the helm of its legal department, Abu Dhabi National Oil Company (ADNOC) and Occidental have signed a strategic collaboration agreement (SCA) to explore
Energy & Trading
News
United Arab Emirates
Successful Steam Blow at Al Layyah Combined Cycle Power Plant
June 2023 marked a significant milestone as Al Layyah Combined Cycle Power Plant, boasting a capacity of 1,026 MW, successfully completed its steam blow for Sharjah Electricity, Water and Gas Authority (SEWA). This achievement stands as a
Deal & transactions
Energy & Trading
United Arab Emirates
White & Case advises Masdar on joint venture with Iberdrola Group
Global law firm White & Case has advised Abu Dhabi Future Energy Company (Masdar), Abu Dhabi’s renewable energy company, on its joint venture with Iberdrola Group, the Spain-based international energy group engaged in electric
