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. Turkish clean energy provider, Kalyon Enerji, which is part of Turkish conglomerate Kalyon Holding, focuses on research and development […]
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
Appointments
Banking & Finance
United Arab Emirates
Ahmed Zekry appointed as head of legal at Banque Misr
Banque Misr has appointed Dubai-based Ahmed Zekry (pictured) as its new head of legal managing international branches. Zekry joined the executive management team and reports to Mr. Khaled El-Bialy, Banque Misr CEO in UAE. Zekry
Deal & transactions
Transport
United Arab Emirates
Emirates and Air Canada enter into a strategic partnership agreement
Emirates has formed a strategic partnership with Air Canada, Canada’s flag carrier and a founding member of Star Alliance. The agreement will create more options for customers when travelling on the carriers’ networks while
Deal & transactions
News
United Arab Emirates
Meysan Partners partners up with Emirati firm Abdulla Al Najjar
Abdulla Al Najjar Advocates and Legal Consultants, a Dubai-based law firm, has joined Meysan Partners to serve the latter’s clients in the United Arab Emirates in all types of litigation matters. Abdulla Alnajjar Advocates &
