Global law firm, White & Case has provided legal counsel to A.P. Moller Capital on its joint venture with Hassam Allam Utilities to establish an integrated logistics platform. The new platform will provide a range of services, including air cargo handling facilities, logistics and distribution centers, integrated warehousing parks, and inland dry ports, with […]
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
DLA Piper advises AD Ports on KEZAD – EAJ merger
Global law firm DLA Piper has advised AD Ports Group on the merger of KEZAD Communities with Al Eskan Al Jamae Group (EAJ), leading to the creation of the largest integrated staff accommodation firm in
Deal & transactions
Healthcare, Pharma & Life Sciences
United Arab Emirates
Clifford Chance advises M42 on its acquisition of Diaverum
International law firm Clifford Chance is advising M42, an Abu Dhabi-based tech-enabled healthcare company in connection with is acquisition of the entire share capital of Diaverum from Bridgepoint Group. A transaction that will see M42
Deal & transactions
Transport
United Arab Emirates
Etihad Cargo expands reach China through SF Airlines partnership
Etihad Cargo, the cargo and logistics division of Etihad Airways, has signed a new Memorandum of Understanding (MoU) with SF Airlines, the largest cargo airline in China, to expand its reach and connectivity in the
Deal & transactions
TMT
United Arab Emirates
Stephenson Harwood: Physicswallah acquires Knowledge Planet
Law firm Stephenson Harwood has advised e-learning provider, Physicswallah, on its acquisition of Knowledge Planet Centre Group, Dubai (Knowledge Planet), operators of after-school learning centres. Knowledge Planet entrance exam preparation institutions caters to students of
Deal & transactions
Fashion, Luxury & Design
United Arab Emirates
Latham & Watkins advises Chimera on the creation of ChimHaeres
Latham & Watkins has advised Chimera Abu Dhabi (Chimera) on its equal joint venture with Haeres Capital (Haeres) to create ChimHaeres Investment Holding (ChimHaeres), an investment vehicle that will deploy its capital towards the acquisition
Deal & transactions
Egypt
Energy & Trading
Other
Qatar
Libya’s Zliten power plant to be built by Qatari-Egyptian consortium
General Electricity Company of Libya (‘GECOL’) has entered into a Euro1.19bn (USD1.3bn) contract with an Egyptian-Qatari consortium for the construction of the Zliten power station. The power station will be supplied
Shalakany advised Liquid Intelligent Technologies on the 100% acquisition of Cysiv MEA, specialists in the cyber security services sector, advised by Baker Mckenzie Egypt. Liquid Intelligent Technologies is a technology group that operates in the areas
Deal & transactions
TMT
United Arab Emirates
e& to acquire majority stake in Careem’s Super App for USD400m
Global technology and investments group e& has entered into a binding agreement with Uber Technologies and its subsidiary Careem to acquire a 50.03% majority stake in the spinout — Careem Technologies — with a USD 400
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco acquires 10% Stake in China’s Rongsheng Petrochemical
Saudi Arabian Oil Company (Aramco) has recently signed definitive agreements to acquire a 10% stake in Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion (USD 3.6 billion). The acquisition deal will bolster Aramco’s downstream presence in China
