Dreny & Partners successfully represented the shareholders of Fancy Foods in the acquisition of 100% of the shares by Edita Food Industries, a prominent player in the food manufacturing industry, in a transaction valued at EGP 380 million. Fancy Foods has established itself in the frozen bakery sector, specializing in the production of a wide range […]
Deal & transactions
Energy & Trading
Saudi Arabia
Eversheds Sutherland advises on 3 Solar PV IPP Projects in KSA
AlDhabaan & Partners, in association with Eversheds Sutherland, have advised the Saudi Power Procurement Company (SPPC) on the successful commercial close of three major solar PV Independent Power Producer (IPP) projects in Saudi Arabia. The
Deal & transactions
Insurance
Other
MetLife partners with Global Atlantic in $19.2 Bil Reinsurance Deal
The Advisors Stephen Gauster (pictured), Executive Vice President & General Counsel at MetLife, leads the legal team. Willkie Farr & Gallagher acted as legal counsel and Goldman Sachs & Co. acted as
Banking & Finance
Capital Markets
Deal & transactions
United Arab Emirates
Mubadala Capital buys majority stake in Fortress Investment Group
With the legal guidance of a cross-border team from Shearman & Sterling, Abu Dhabi-based Mubadala Investment Company’s asset management subsidiary, Mubadala Capital, and Fortress Investment Group have announced their definitive agreements to acquire a 90.01%
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, on its joint venture with A.P. Moller Capital, an affiliate of
Deal & transactions
Transport
United Arab Emirates
Etihad Rail and DHL establish JV to optimize UAE’s Supply Chain
Etihad Rail, the developer and operator of the UAE National Rail Network, has entered into a 20-year partnership agreement with DHL Global Forwarding, a subsidiary of Deutsche Post DHL Group, to establish a joint venture
Deal & transactions
Transport
United Arab Emirates
flydubai and Air Canada Collaborate on New Codeshare Agreement
Dubai-based carrier flydubai and Air Canada have formed a new partnership aimed at providing customers traveling between Canada, the Middle East, East Africa, the Indian Subcontinent, and Southern Asia with more convenient travel opportunities. This
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co on Scatec’s Biomethanol Production Initiative
Egyptian law firm Mazghouny & Co, led by founder and managing partner, Donia El-Mazghouny (pictured), has played a vital role in assisting Scatec, a renewable energy company, in signing a joint development agreement with Alexandria
Baker McKenzie served as legal counsel to digital workflow company, ServiceNow in its acquisition of artificial intelligence (AI) powered platform G2K Group. G2K’s technology allows organizations to connect real‑time data across
Deal & transactions
Services
United Arab Emirates
BEEAH and Atkins to advance sustainable radioactive waste solutions
BEEAH Group, a renowned sustainability pioneer and digital expert based in the UAE, has entered into a joint development agreement (JDA) with Atkins, a global design, engineering, and project management consultancy. This collaboration aims to
