Redcon Properties announced the strategic sale of its administrative building at the Golden Gate project to Bonyan for Development and Trade, a prominent commercial real estate investment company. This transaction marks Bonyan’s eighth asset acquisition within the mixed-use development, solidifying its commitment to the project and its vision. El-Khateb Hassan (Picherd), Chief Legal, Administration & […]
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar Ventures into European Real Estate Market with Carlyle
Under the legal guidance of General Counsel Emma O’Brien (pictured), Aldar Properties (“Aldar”) has added further weight to its international expansion plan with an AED 407 million (USD 111 million) investment in logistics and storage assets
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KAFD DMC Accelerates Development Through Key Collaborations
At the recent Public Investment Fund’s (PIF) Private Sector Forum, The King Abdullah Financial District Development and Management Company (KAFD DMC) unveiled a series of groundbreaking partnerships and collaborations under the guidance of Chief
Capital Markets
Deal & transactions
Energy & Trading
Industrial
Oil & Gas
Saudi Arabia
TMT
Baker Hughes and Dussur Inaugurate Joint Venture in Saudi Arabia
Baker Hughes, a leading energy technology company, and Dussur, a consortium owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), announced the official inauguration of their joint
Banking & Finance
Capital Markets
Deal & transactions
Egypt
Sarie Eldin & Partners Orchestrates Multi-Billion Islamic Financing
Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication
Capital Markets
Deal & transactions
Other
Restructurings
Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance
Al-Hossam Legal, played a pivotal role in Kuwait Projects Company’s (KIPCO) strategic move to divest its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transaction, valued at an impressive US$860 million, witnessed
Deal & transactions
Energy & Trading
Saudi Arabia
AS&H Clifford Chance with Nesma & Partners in Kent Acquisition
AS&H Clifford Chance provided legal counsel to Nesma & Partners, a leading Saudi Arabian contracting firm, on the completion of its acquisition of Kent, a prominent global energy services firm. With over four
Deal & transactions
Fashion, Luxury & Design
Food & Beverage
United Arab Emirates
Clyde & Co Guides ADMO’s Alpha Mind Launch
Global law firm, Clyde & Co has provided legal counsel to ADMO Lifestyle Holding Limited (ADMO) in their joint venture (JV) with Addmind, introducing the innovative global lifestyle vertical, Alpha Mind. This collaboration underscores ADMO’
Capital Markets
Deal & transactions
Egypt
Updates
Levari Law Firm, serving as Avanz Capital Egypt’s legal advisors
In a move poised to accelerate the e-commerce boom across the region, Avanz Capital Egypt, a leading private equity firm dedicated to empowering Egyptian SMEs, has announced a strategic investment in Bosta, the undisputed champion
Matouk Bassiouny & Hennawy (MBH) recently served as legal counsel to Azorra, an aircraft leasing company, in its acquisition of 12 Airbus A220-300s from EGYPTAIR. The acquisition is part of Azorra’s strategic efforts
