A major deal has been finalized between ADQ, an investment and holding company based in Abu Dhabi, and ADNEC Group, to buy a 40.5% share in the hospitality division of Talaat Moustafa Group Holding (TMG Holding), known as ICON Group. This strategic move involves a capital increase and aims to boost the development of Egypt’s […]
Zaki Hashem, Attorneys at Law, has provided legal counsel to Antipollution Egypt SAE regarding the waste management and services contract with the Red Sea Port Authority. The agreement, officially signed with the Ministry of
Banking & Finance
Deal & transactions
Egypt
MBH Guides Tasaheel in Egypt’s First Sustainable Bond Issuance
Matouk Bassiouny & Hennawy (“MBH“) provided legal counsel to Tasaheel For Financing (“Tasaheel”) in a groundbreaking financial venture – Egypt’s inaugural social sustainability securitization bond issuance. This milestone transaction not only stands as the first
Deal & transactions
Transport
United Arab Emirates
BEEAH and DCV MENA Collaborate for Sustainable Transportation
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
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
