Abu Dhabi-headquartered international energy company, Mubadala Petroleum, has unveiled its new brand name – Mubadala Energy. The new brand reflects a fresh strategic direction that will see Mubadala Energy build on its contribution to the energy transition by expanding its gas-weighted portfolio in areas such as LNG while exploring new energy sectors. The strategy also […]
Appointments
Saudi Arabia
United Arab Emirates
Omar Iqbal joins Baker Botts private equity and m&a practice
Omar Iqbal (pictured) joins the partnership of International law firm Baker Botts. Iqbal joined the firm’s Riyadh office, where it operates in association with the Law Office of Mohanned bin Saud Al-Rasheed. Iqbal’s
Deal & transactions
Fashion, Luxury & Design
United Arab Emirates
Noon to acquire Emaar’s fashion venture Namshi for AED 1.23B
Emaar Malls Management (“Emaar Malls”) has entered into a definitive share purchase agreement with Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and Saudi Arabian sovereign fund the Public Investment Fund (“PIF”),&
Deal & transactions
Energy & Trading
United Arab Emirates
Norton Rose Fulbright advises IHC on a AED1.8B acquisition deal
Global law firm Norton Rose Fulbright has advised International Holding Company (IHC) in connection with its AED 1.8 billion (approximately USD 490 million) acquisition of a 50% stake in Kalyon Enerji, through its subsidiary International Energy Holding. &
Global law firm Gowling WLG has strengthened its presence in the MENA Region with the opening of a new office in Abu Dhabi. The firm’s has been operating out of its MENA regional office
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Al Tamimi & Company with Peninsula on a AED555m assets deal
Peninsula Real Estate Management Limited (“Peninsula”), a real estate investment company incorporated in Abu Dhabi Global Market, has agreed to purchase for an amount of AED 555 million 17 leased warehouse buildings situated on five plots at
Al Tamimi & Company has appointed David Yates (pictured) to head its Digital and Data team. The hire strengthens the firm’s capabilities in its Digital and Data practice and takes the total number of
Deal & transactions
Transport
United Arab Emirates
Zakher Marine International successfully acquired by ADNOC L&S
Zakher Marine International (“ZMI”), an Abu Dhabi-based owner and operator of offshore support vessels, has been acquired by ADNOC Logistics & Services (“ADNOC L&S”), the shipping and maritime logistics arm of Abu Dhabi
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar Properties acquires RAK based property for AED810m
Abu Dhabi-based developer, Aldar Properties, via its Aldar Investment business, has expanded its hospitality and leisure investment portfolio in the UAE with the acquisition of the beachfront resort DoubleTree by Hilton Resort & Spa Marjan
Banking & Finance
Deal & transactions
United Arab Emirates
Norton Rose Fulbright advises OKX on entering Dubai virtual assets market
Global law firm Norton Rose Fulbright‘s Dubai office has advised cryptocurrency exchange OKX on its entry into the UAE market. OKX has successfully signed a memorandum of understanding (MOU) with, and obtained a provisional
