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 a pioneering 900km high-voltage direct current (HVDC) electricity interconnection project between Greece and Cyprus. Under the legal guidance of Mohammad […]
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
Mazghouny & Co has provided legal counsel to Amarenco Solarize Egypt (ASE), a prominent solar energy solutions provider, in connection with its agreement signed in November 2023. The agreement involves partnering with Oriental Weavers, a major
Deal & transactions
Fashion, Luxury & Design
Saudi Arabia
Clyde & Co: Cenomi Retail sells franchise rights for SAR
Global law firm Clyde & Co has provided legal counsel to Cenomi Retail, a leading Saudi-listed company, in the SAR 120 million transaction involving the sale of its franchise rights and associated assets for 18 prominent brands
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co Guides Scatec in Landmark Solar Collaboration
Mazghouny & Co played a pivotal role in advising Scatec during the early stages of its collaboration with the Egyptian Electricity Holding Company (EEHC) for the development of Egypt’s largest hybrid solar and battery
Deal & transactions
Saudi Arabia
TMT
United Arab Emirates
Ooredoo, Zain, and TASC Tower Reshape Telecom Landscape
In a landmark collaboration, leading telecom players Ooredoo, Zain Group, and TASC Towers Holding have finalized agreements to establish the largest tower company in the MENA region valued at USD 2.2 Billion. The advisors DLA
