ADNOC Logistics & Services plc (ADNOC L&S), a global energy maritime logistics leader, successfully completed its initial public offering (IPO) and listing on the Abu Dhabi Securities Exchange (ADX), raising a staggering $769 million in gross proceeds. Shearman & Sterling, a renowned law firm, advised ADNOC L&S and Abu Dhabi National Oil Company (ADNOC) as the selling shareholder throughout the transaction.
By: Amr Reda Abd El Latif The legal industry is undergoing a significant transformation with the advent of AI. This powerful technology is revolutionizing various aspects of the legal profession, presenting both opportunities and
Capital Markets
Saudi Arabia
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Saudi Arabia: Launching of four new Dedicated Economic Zones
The Saudi Arabian government has recently announced the establishment of four new Special Economic Zones (SEZs) in various regions of the country. These zones aim to offer competitive incentives for businesses who invest in them,
Appointments
Other
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United Arab Emirates
DLA Piper elects 72 lawyers to its partnership
DLA Piper has promoted 72 lawyers to its partnership. The promotions are effective as of April 1st in the United States and May 1st for EMEA and Asia Pacific. Promotions have been made across all of
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) have reached an agreement to establish a 50:50 Joint Venture (JV) in Saudi Arabia, operating under the name AS&H Clifford Chance. The move
Eni CEO, Claudio Descalzi, and National Oil Corporation of Libya (‘NOC’) CEO, Farhat Bengdara, have come together to launch “Structures A&E,” a major gas development project in Libya. The aim is to boost
Asafo & Co. advised Holged Group, a provider of primary and secondary education in Morocco and Tunisia, in Africa 50’s investment in its share capital. Africa 50, a pan-African infrastructure investment platform, entered into
Sudan based law firm; Abdeen&Co welcomed Islam Shalall (pictured) to its executive committee as the firm’s new deputy managing partner. Reporting to the firm’s managing partner Mohamed Abdeen, she will oversee
With Suzan Taha After years of economic isolation, Libya is ready to welcome the world by announcing various investment opportunities. Several laws were enacted to provide investors with various benefits, offering several investment incentives, which
Nord Anglia Education, a premium international schools organization, has further expanded its presence in the Middle East with the joining of Amman Academy to its family of schools. Amman Academy, a private co-educational, bilingual
