International law firm, CMS has provided legal counsel to the European Bank for Reconstruction and Development (EBRD) and Meridiam on their equity investment, alongside Hassan Allam Utilities, in HAU Energy BV. This newly established platform aims to invest in renewable energy projects primarily in Egypt, with potential expansion to other African countries. The investment seeks […]
Historic Cross-Country Railway Project Connects UAE and Oman
In a landmark development, Siemens Mobility and Hassan Allam Construction have been awarded the contract to design and build the railway systems and integration for the Abu Dhabi – Sohar railway link. This project marks the
AD Ports Group, a global leader in trade facilitation, logistics, and industry, has recently signed a 20-year concession agreement with Unicargas and Multiparques to operate and enhance the Luanda Multipurpose Port Terminal. This landmark agreement,
ADQ and OIA Launch US$180 Million Tech Fund
ADQ, a leading Abu Dhabi investment and holding company, announced the launch of the Jasoor Fund, a US$180 million technology-focused fund, in partnership with the Oman Investment Authority (OIA) represented by ITHCA Group. The Jasoor
Global law firm, Baker McKenzie has advised Allianz Group, a renowned global insurer and asset manager, on the divestment of its 51% shareholding in Allianz Saudi Fransi Cooperative Insurance Co (Allianz Saudi Fransi) to Abu Dhabi
BVC and Citadel Partner to Launch $30M MENA Project
Beltone Holding (“Beltone”), a leading financial institution, announced that its venture capital arm, Beltone Venture Capital (“BVC”), has entered into a partnership agreement with CI Venture Capital, a subsidiary of prominent UAE-based investment management firm
Linklaters Guides Consortium in Aster DM Healthcare Deal
International law firm Linklaters has provided legal counsel in the landmark US$813 million acquisition financing of Aster DM Healthcare’s GCC business. The transaction saw a consortium of regional financiers providing acquisition financing facilities to
Clifford Chance Guides SC Ventures-SBI Holdings Joint Venture
Global law firm, Clifford Chance, has advised SC Ventures, the innovation and fintech investment arm of Standard Chartered, on its collaboration with SBI Holdings, a Japanese financial conglomerate. Together, they are establishing a digital asset
Shatha Bakhsh Promoted to Director at Align Technology
In a recent LinkedIn announcement, Shatha Bakhsh (pictured) shared her promotion to Director, Managing Counsel Middle East, Turkey, and Africa at Align Technology, a global medical device company. Bakhsh, who is a Member of Europe,
PIF and STC Group are forming the largest telecom tower
The Public Investment Fund (PIF) and Saudi Telecommunications Company (STC Group) have signed definitive agreements to form the region’s largest telecom tower company. PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL)