Freshfields Bruckhaus Deringer (Freshfields) has advised Panther Media Group (known as OSN) on its acquisition of a majority stake in Anghami. OSN Group acquired 55.45 per cent of Anghami, giving it a majority stake at a valuation of $3.69 per share. Partners Michael Hilton (pictured left) and Paul Humphreys (pictured right) headed the team, along with counsel […]
Charles Russell Speechlys has advised Qatari Diar Europe on the sale of its new luxury apartments, penthouses and townhouses at the Chelsea Barracks development in London. Real estate partner Suzi Gatward (pictured left) and divisional
Clifford Chance teams in Paris, London and Casablanca advised the joint lead managers on OCP’s U.S.$1.25 billion Rule 144A/Reg S 6.750% Notes due 2034 and U.S.$750 million Rule 144A/Reg S 7.500% Notes due 2054.
Effective May 1 2024, 40 partners across both Allen & Overy and Shearman & Sterling LPP have been elected to the partnership by their current respective firms. They include David Foster (pictured), partner in charge of META (Middle
Banking & Finance
Deal & transactions
IPOs
United Arab Emirates
Meysan Advises Agility on USD 4.5 Billion ADX Debut
In a significant development, Meysan has successfully advised Agility Public Warehousing Company KSCP (“Agility”) on its direct listing on the main market of the Abu Dhabi Securities Exchange (ADX). The listing involved shares in Agility’
Banking & Finance
Capital Markets
Deal & transactions
Industrial
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
BlackRock and KSA PIF Sign Investment Management MoU
BlackRock, the world’s largest asset manager, has entered into a non-binding Memorandum of Understanding (MoU) with the Public Investment Fund (PIF) of Saudi Arabia. The MoU outlines the establishment of BlackRock Riyadh Investment Management (
Corporate
Deal & transactions
Egypt
Industrial
Villeroy & Boch’s in Partnership with Keramika Magenta
Matouk Bassiouny & Hennawy (MBH), has successfully advised Villeroy & Boch, a renowned German ceramics manufacturer, on their new partnership with Keramika Magenta. This collaboration marks Villeroy & Boch’s strategic move to start manufacturing
Banking & Finance
Capital Markets
Corporate
Deal & transactions
Egypt
IPOs
Dreny & Partners Closes EGP 600 Million Issuance for Hermes
Dreny & Partners, has successfully closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB), a subsidiary of EFG Hermes Holding. The transaction, worth EGP 600 million, marks the fifth
Deal & transactions
Transport
United Arab Emirates
Historic Cross-Country Railway Project Connects UAE and Oman
In a landmark development, Siemens Mobility and Hassan Allam Construction have been awarded the contract to design and build the railway systems and integration for the Abu Dhabi – Sohar railway link. This project marks the
AD Ports Group, a global leader in trade facilitation, logistics, and industry, has recently signed a 20-year concession agreement with Unicargas and Multiparques to operate and enhance the Luanda Multipurpose Port Terminal. This landmark agreement,
