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 Fairfax Financial Holdings Limited significantly increasing its equity interest in GIG from 43.69% to a commanding 90.01%. This landmark deal, meticulously executed […]
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
Deal & transactions
Healthcare, Pharma & Life Sciences
TMT
United Arab Emirates
e& Enterprise Launches Telemedicine Project with Burjeel Holding
e& Enterprise and Burjeel Holdings, key players in the MENA healthcare sector, have joined forces in two groundbreaking collaborations to redefine healthcare delivery in the UAE and beyond. These collaborations include the launch of
Al Tamimi & Company, has signed a cooperation agreement with the Oman Manufacturers Association (OMFA), a non-profit organization that represents the interests of the manufacturing sector in Oman. The agreement aims to enhance the legal
