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 venture oilfield and industrial chemicals manufacturing plant in Jubail Industrial City, eastern Saudi Arabia. Project Details: Legal Counsel Mohammed AlAbdulkrim […]
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
Capital Markets
Deal & transactions
Egypt
Industrial
Raya Auto partners with XPeng Motors to import electric vehicles
Helmy, Hamza & Partners, Baker McKenzie Cairo had advised Raya for Advanced Manufacturing (“Raya Auto“) on its agreement with Guangzhou Xiaopeng Motors Trading Co Ltd (“XPeng Motors”), a Chinese electric vehicle (EV) manufacturer. Raya Auto,
Banking & Finance
Deal & transactions
E-Commerce
Other
Paymob expands into Oman by partnering with NBO
In a groundbreaking step towards fostering digital innovation and financial inclusion in Oman, the National Bank of Oman (NBO) proudly announces a strategic alliance with Paymob, a leading Payment Services Provider (PSP) recently authorized by
ALC Lawyers & Counsels, an Omani law firm, has signed memorandums of association with some diplomatic bodies in Oman, including the Republic of Austria’s embassy. The firm will handle the legal work for the
