Baker Botts advised Amlak International Finance Company (Amlak) on a Shariah-compliant transaction involving the sale of a portfolio of consumer finance contracts to Saudi National Bank (SNB), with an initial value of SAR 133.7 million, together with a related servicing arrangement. The agreement also establishes a framework for the potential sale of additional consumer finance […]
A&O Shearman advised L’imad Rail and Etihad Rail PJSC on the establishment of the Jordanian Emirati Rail Company, a joint venture with Jordanian investors to develop a national freight rail network in
Deal & transactions
Energy & Trading
Al-Tamimi & Company with Acelen on financing for biorefinery in
An Abu Dhabi Global Market (ADGM)-registered law firm advised Acelen Renewables on the financing for a 20,000 BPD biorefinery in Brazil, with Skadden acting as international counsel, in a cross-border transaction supporting the global energy
DLA Piper has advised IMG Capital, a Moroccan private equity fund manager, on its minority investment in Avis Locafinance Group, an integrated mobility platform in Morocco, through IMG Fund I.
K&A advised Man Industries (India) on its acquisition of 100% of National Pipe Company, a Saudi-based large-diameter carbon steel line pipe manufacturer, for a total consideration exceeding USD 100 million.
Deal & transactions
Real Estate, Construction & Infrastructure
Clyde & Co advises Aldar on AED 1.1bn real estate
Clyde & Co has advised Aldar Properties on its AED 1.1 billion acquisition of a mixed-use residential and retail development in Dubai Studio City from private developer SRG, expanding Aldar's residential-for-rent platform in the emirate.
Clifford Chance has advised an Aldar Properties and Mubadala joint venture on the AED 654 million acquisition of The Link at Masdar City in Abu Dhabi, a fully leased mixed-use development spanning approximately 32,000 square metres.
DLA Piper advised Dubai Taxi Company (DTC) on its approximately AED 1.45 billion acquisition of National Taxi, a UAE-based operator active in Dubai, Abu Dhabi and Al Ain. The transaction expands DTC’s geographic coverage across
White & Case has advised Green Sky Capital on a capital raise for a Sustainable Aviation Fuel facility in Egypt's Suez Canal Economic Zone and the establishment of a broader SAF development platform, with financing
Clifford Chance has advised Istithmar World on the sale of its 22% stake in Gulf African Bank to Dubai-based Soren Investment Company, in a transaction that also saw Auron Holdings acquire a stake in the Kenyan
