Guided by Group Chief Legal Officer Shaun Johnson (pictured), BEEAH Group have formalized their commitment with Daimler Commercial Vehicles MENA (DCV MENA) to advancing sustainable transportation in the region through the signing of a Memorandum of Understanding. The agreement, inked by Khaled Al Huraimel, Group CEO of BEEAH, and Olaf Petersen, General Manager for Daimler Truck Sales at Daimler […]
Corporate
Deal & transactions
Insurance
United Arab Emirates
Baker McKenzie’s Global Team Facilitates Fairfax’s GIG Expansion
Global law firm Baker McKenzie has provided legal counsel to Fairfax Financial Holdings Limited (“Fairfax”) in its acquisition of KIPCO’s 46.32% shareholding in Gulf Insurance Group K.S.C.P (“GIG”) for approximately USD 860 million.
Matouk Bassiouny & Hennawy (“MBH”) served as the legal counsel in Egypt to the TSFE Infrastructure & Utilities Sub Fund (“TSFE”). Acting on behalf of the New and Renewable Energy Authority, the Egyptian Electricity Transmission
Deal & transactions
Food & Beverage
Saudi Arabia
United Arab Emirates
King & Spalding: Jadwa Investment acquires Blackspoon Group
International law firm King & Spalding has served as legal counsel to Jadwa Investment (Jadwa) in its acquisition of Blackspoon Group (Blackspoon), a Dubai-based food and beverage operator. Jadwa, a prominent investment management and advisory
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Baker McKenzie in Anantara The Palm Dubai Resort Acquisition
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
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
