Global law firm White & Case has advised Saudi Arabian Oil Company (“Saudi Aramco”) on its heads of agreement with China Petroleum & Chemical Corporation (“Sinopec”) to build a refinery and petrochemical project in Gulei in China’s southeastern Fujian Province. The greenfield project comprises a 16 million metric tonne per year (320,000 barrels per day) […]
ALEC Engineering and Contracting acquires Target Engineering
ALEC Engineering and Contracting, part of the Investment Corporation of Dubai (ICD) group, has successfully completed its strategic acquisition of Target Engineering, an EPC contractor offering in-house services for major construction disciplines in onshore and
Sharkawy & Sarhan with Vodafone on the acquisition by Vodacom
Sharkawy & Sarhan acted as Egyptian counsel to the Vodafone Group (“Vodafone”) in relation to the transfer of its 55% shareholding in Vodafone Egypt to Vodacom. The spam of the transaction took more than a year.
Dreny & Partners has acted as legal counsel for telecommunication company, Vodacom in its acquisition of a 55% stake in telecom network operator Vodafone Egypt for an equity consideration of circa USD2.738 billion. The
CMS advises on Aldar Properties’ partnership with Nobu Hospitality
International law firm CMS has advised UAE’s real estate developers and managers Aldar Properties (“Aldar”) on its exclusive partnership with Nobu Hospitality to develop a new luxury hotel, branded residences, and a fine dining
Mazghouny & Co secures golden license for a green hydrogen
Mazghouny & Co has successfully assisted the sponsors’ consortium in obtaining the unified license, also known as the “Golden License”, for a green hydrogen project with a total capacity of 100MW at the Suez Canal
Kuwait-based law firm, Meysan Partners, has represented a consortium comprised of Ali Alghanim Sons Automotive Company, Mohamed Yousuf Naghi Motors Company, Organi Group, and Al Safy Automotive Company in their successful acquisition of 100% of Mid-East
Shalakany advises the Lenders of the Amunet Wind Project
Shalakany has acted as local counsel to several foreign and local financial institutions (including, among others, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, the International Finance Corporation (IFC) and Commercial International Bank (
Eversheds Sutherland advises on Saudi’s latest solar PV project
Eversheds Sutherland has advised the Ministry of Energy and the Saudi Power Procurement Company (“SPPC”) on the successful commercial close of the 2060MW Shuaibah 2 Solar PV Project, in Al Shuaibah, Makkah province. The project,
ADNOC signs contracts worth AED1bn with four catering companies
Abu Dhabi National Oil Company (“ADNOC”) has signed agreements worth over AED 1 billion (USD270 mln) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027. The contracts