DIFC Court has granted Immediate Judgment to a syndicate of nine banks following the failure by the borrower and eight guarantors to re-pay AED1.9 billion syndicated conventional and Islamic facilities (and other failures). Al Tamimi & Company was instructed by the syndicate and in succeeding at this early procedural stage, the banks have avoided very significant costs and lengthy […]
Legalcommunity Week is back. The 2022 edition of the event that brings together the Italian and international legal community will be held at the Principe di Savoia hotel in Milan from 13 to 17 June. &
Legalcommunity Week is back. The 2022 edition of the event that brings together the Italian and international legal community will be held at the Principe di Savoia hotel in Milan from 13 to 17 June. This
On 01 March 2021, the Litigation team of Shehata & Partners, led by partner Mohamed Osama Abdelwahab (pictured), in conjunction with the Italian law firm Pavia e Ansaldo were able to push for a
Legalcommunity Week is back. The 2022 edition of the event that brings together the Italian and international legal community will be held at the Principe di Savoia hotel in Milan from 13 to 17 June. This
GLA & Company, a regional law firm based in the Middle East, has officially launched its Dubai office making it the firm’s first office in the United Arab Emirates. The newly launched office will
Global law firm Norton Rose Fulbright – acting as US federal securities, New York, English and UAE law legal counsel – has advised the underwriters, led by Citi, HSBC and MUFG, in connection with the issuance by
Alkhabeer Capital has successfully completed the listing and commencement of trading of Alkhabeer Growth and Income Traded Fund units on the Saudi Exchange (Tadawul). The offering raised 1.08 billion Saudi Arabian Riyals (US$D 288 million). The
Al Rajhi Banking and Investment Corporation has successfully completed the issuance of SAR 6,500,000,000 3.5% fixed rate resettable additional tier 1 capital sukuk. Al Rajhi Capital Company acted as sole lead manager and bookrunner on the transaction. The
Helmy, Hamza & Partners, Baker McKenzie’s Cairo office, has recently advised Pioneers Properties for Urban Development on a real estate securitization transaction. The total value of the securitization bond program is EGP 3 billion divided