Clyde & Co has expanded its Middle East insurance practice with the appointment of financial lines insurance specialist, Olivia Darlington (pictured) as a partner based in Dubai, UAE. Darlington has broad expertise in contentious insurance matters specialising in Professional Indemnity, FI, D&O and Cyber business lines; she regularly advises on the defence of high-value claims against professional […]
Deal & transactions
TMT
United Arab Emirates
Stephenson Harwood: Physicswallah acquires Knowledge Planet
Law firm Stephenson Harwood has advised e-learning provider, Physicswallah, on its acquisition of Knowledge Planet Centre Group, Dubai (Knowledge Planet), operators of after-school learning centres. Knowledge Planet entrance exam preparation institutions caters to students of
Deal & transactions
Fashion, Luxury & Design
United Arab Emirates
Latham & Watkins advises Chimera on the creation of ChimHaeres
Latham & Watkins has advised Chimera Abu Dhabi (Chimera) on its equal joint venture with Haeres Capital (Haeres) to create ChimHaeres Investment Holding (ChimHaeres), an investment vehicle that will deploy its capital towards the acquisition
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has announced the appointment of 30 new partners with effect from 1 May 2023. The new partners are drawn from all of the firm’s market-leading practices and reflect the breadth
DP World Trade Finance has appointed Karim El Tantawi (pictured) as the new Head of Legal. With over 13 years of experience in the legal field, El Tantawi brings a wealth of knowledge and expertise to
Banking & Finance
IPOs
United Arab Emirates
White & Case advises on Al Ansari Financial Services IPO
Global law firm White & Case has advised Abu Dhabi Commercial Bank, EFG-Hermes and Emirates NBD Capital as joint global coordinators on the initial public offering (IPO) of Al Ansari Financial Services (Al Ansari), the
Deal & transactions
TMT
United Arab Emirates
e& to acquire majority stake in Careem’s Super App for USD400m
Global technology and investments group e& has entered into a binding agreement with Uber Technologies and its subsidiary Careem to acquire a 50.03% majority stake in the spinout — Careem Technologies — with a USD 400
Banking & Finance
Energy & Trading
United Arab Emirates
Yellow Door Energy secures Multi-Million Dirham Debt Refinancing
Yellow Door Energy, a sustainable energy developer in the MENA region, has successfully secured a multi-million dirham debt refinancing partnership with the National Bank of Fujairah. The deal, advised by law firm Stephenson Harwood, will
Akin announced the full launch of Innovative Legaltech Solution, OverRuled, a platform developed and owned by Akin Gump Solutions. OverRuled empowers lawyers and compliance practitioners to access and analyze consolidated data
Linklaters has recently announced the election of 41 new partners across its network, effective from May 1st, 2023. One of the newly elected partners is Dalia Nammari (pictured above), a Dubai-based capital markets practitioner with over 11 years
