In a significant move in the business landscape, ASAR acted as Kuwait law counsel to Jadwa and its subsidiary Entertainment Opportunities Investment Company as it completed the acquisition of a substantial 35% stake in Gissah for Perfumes, Teeb and Oud Company, a prominent player in Kuwait’s perfume industry. The acquisition involved the purchase of shares […]
Deal & transactions
Healthcare, Pharma & Life Sciences
United Arab Emirates
Ashurst advises PureHealth on acquisition of Circle Health Group
International law firm Ashurst has provided legal counsel to Pure Health Holding in its acquisition of the Circle Health Group, the United Kingdom’s largest private healthcare group. Pure Health, the Middle East’s largest
International law firm Trowers & Hamlins (‘Trowers’) has entered into a memorandum of understanding with Madaar, a tech startup incubator based in Oman. This collaboration aims to enhance the legal support available to the local
Barakat Maher & Partners, in association with Clyde & Co, has provided essential legal counsel to PANGIAM as it embarks on an ambitious endeavor to modernize and enhance the Cairo International Airport. This transformative project
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC expands presence in Caspian Sea with Absheron Investment
Under the legal guidance of ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured), Abu Dhabi National Oil Company (ADNOC) has taken a significant step towards expanding its presence in the international
Banking & Finance
Deal & transactions
Other
White & Case advises Intrum on Euro 300M NPL Securitisation
Global law firm White & Case has provided legal counsel to Intrum Holding (‘Intrum’) on a significant securitisation deal involving Piraeus Bank’s non-performing loan (‘NPL’) portfolio known as Project Senna. The successful strategic partnership
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
White & Case: Blue Water Energy sells Kent to Nesma
Global law firm White & Case acted as legal counsel to energy investment firm Blue Water Energy (Bluewater) on the successful sale of engineering company Kent to Nesma & Partners. Since Bluewater’s investment in
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC and Occidental Join Forces for Net Zero Goals
With ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured) at the helm of its legal department, Abu Dhabi National Oil Company (ADNOC) and Occidental have signed a strategic collaboration agreement (SCA) to explore
Deal & transactions
Energy & Trading
United Arab Emirates
White & Case advises Masdar on joint venture with Iberdrola Group
Global law firm White & Case has advised Abu Dhabi Future Energy Company (Masdar), Abu Dhabi’s renewable energy company, on its joint venture with Iberdrola Group, the Spain-based international energy group engaged in electric
Deal & transactions
News
Real Estate, Construction & Infrastructure
Saudi Arabia
Linklaters advises on Neom’s US$5.6B smart city deal
Neom, the planned smart city in northwest Saudi Arabia, has reached a significant milestone in its development with the finalization of contracts worth SAR 21 billion ($5.6 billion) in investments. The contracts, part of a large-scale public-private
