Global law firm Baker McKenzie has offered legal guidance in the acquisition of Anantara The Palm Dubai Resort, situated on the renowned Palm Jumeirah island in Dubai, UAE. The transaction encompassed the acquisition of both the land and business operations associated with the five-star luxury hotel resort, featuring the Anantara Spa, over-water villas, a private […]
Deal & transactions
Industrial
United Arab Emirates
Cleary Gottlieb Facilitates OCI N.V.’s $7.2 Billion Asset Sales
Global law firm Cleary Gottlieb is advising OCI N.V., a prominent player in natural gas-based fertilizers and industrial chemicals, on two significant strategic sales amounting to a total of $7.2 billion. The transactions involve the
Deal & transactions
Transport
United Arab Emirates
DP World’s Carbon Neutral Vision with Industrial Innovation Group
In a significant step towards sustainable development and carbon neutrality, DP World, under the guidance of Olivier Schwartz, Group Chief Legal Officer & General Counsel, has inked a Carbon Removal Certification Agreement with Industrial Innovation
Deal & transactions
Services
United Arab Emirates
Circular Innovation: Aldar, Tadweer and Polygreen Launch Ecoloop
Aldar Properties (“Aldar”), Tadweer (Abu Dhabi Waste Management Company) and global circular economy solutions expert Polygreen have established a joint venture to unveil Ecoloop. This innovative circular model, the first of its kind in the
Deal & transactions
Energy & Trading
United Arab Emirates
TAQA Explores Shareholding in Greece-Cyprus HVDC Project
In a significant move towards enhancing energy connectivity in the Eastern Mediterranean, Abu Dhabi National Energy Company (TAQA), a major utility player, has signed a Memorandum of Understanding (MoU) to explore becoming a shareholder in
Deal & transactions
Energy & Trading
United Arab Emirates
Masdar and Hy24 Forge Green Hydrogen Alliance
In a groundbreaking move during the UN’s Climate Change Conference, COP28, renewable energy giant Masdar and clean hydrogen investor Hy24 have inked a strategic joint development and investment framework agreement. This collaboration aims to
Deal & transactions
Industrial
United Arab Emirates
ADNOC and OCI Global Forge Agreement for Fertiglobe Acquisition
With legal oversight from Adnoc’s Chief Legal Officer, Marwan Naim Nijmeh and Maud de Vries, Chief Legal and. Human Capital Officer at OCI Global, Abu Dhabi National Oil Company (ADNOC) and
Mazghouny & Co played a key role in facilitating the agreement between Scatec and the Egyptian Petrochemicals Holding Company (Echem) and Misr Fertilizers Production Company (Mopco). The signing ceremony unfolded on December 2, 2023, against the backdrop
Deal & transactions
Healthcare, Pharma & Life Sciences
Other
Clifford Chance on Aster DM Healthcare’s $1B Gulf Business Sale
Clifford Chance has provided counsel to the Moopen Family, founders of Aster DM Healthcare, in a strategic move to separate the Indian and Gulf Cooperation Council (GCC) businesses of Aster DM Healthcare. This transformative restructuring
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co advises Engazaat on its SCZone’s Solar Venture
Mazghouny & Co, led by managing partner Donia El-Mazghouny (pictured), provided counsel to Engazaat, an Egyptian integrated independent power and water producer, as part of a consortium with Chint Global. The advisory focused on the
