Arada Developments (‘Arada’), a major property developer in the Northern Emirates of the UAE, has completed its successful second tap issuance of USD 50 million sukuk with the assistance of Dentons. The transaction was successfully completed on 16 February 2023 with Mashreqbank, acting through its Islamic Banking Division, acting as the sole manager of the issuance, […]
ADNOC Gas, the Abu Dhabi state-owned energy company, has set the final offer price for its initial public offering (‘IPO’) at AED2.37 per share, placing the market capitalization of the company at USD50 billion,
Deal & transactions
Oil & Gas
United Arab Emirates
DLA Piper: Uniper sells marine fuel trading business in Dubai
DLA Piper provided legal advice to Uniper Group regarding the sale of its crude oil processing and marine fuel trading business in the United Arab Emirates. A consortium composed of Montfort Group and the Private
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Norton Rose advises Dar Global on London Stock Exchange listing
Global law firm Norton Rose Fulbright has successfully advised Dar Global, a Dubai-based real estate development company, on its direct listing on the London Stock Exchange. The listing was achieved through a complex corporate reorganisation
Banking & Finance
Deal & transactions
United Arab Emirates
ADGM and Zand Bank partner to support Abu Dhabi’s Tech
With its in-house legal team led by Eyad Mahadeen (pictured), chief legal officer and board secretary at ADGM, Abu Dhabi Global Market (ADGM) have joined forces with the UAE’s first all-digital bank
International law firm Clifford Chance has recently advised the Government of the Emirate of Sharjah on its historic sustainable bond issuance, marking the first time a GCC sovereign has issued such a bond. The Sharjah
The arbitration team at Mahmood Hussain Law Firm (MHLF) has secured a major win for their client in a recent case before the Dubai International Arbitration Centre (DIAC). The case involved a renowned contractor for
MONTFORT, a global commodity trading and related-asset investment company, has recently appointed Ziad Zarka (pictured) as its new General Counsel in Dubai. Zarka brings over 25 years of senior and executive roles in legal, compliance, and
Deal & transactions
Services
United Arab Emirates
Eversheds Sutherland on Gulf Capital’s CWB merger with PETOŠEVIĆ
Gulf Capital’s CWB Group has announced its merger with PETOŠEVIĆ Group, forming an international intellectual property (IP) firm that will cater to clients across 52 countries in the Middle East, North Africa, Eastern Europe,
Gowling WLG‘s Corporate Group in the United Arab Emirates has added Edward Brown (pictured) to its team as a counsel. Brown will be leading the funds and financial services practice in the Dubai
