Zaki Hashem & Partners announced its advisory role in the establishment of Noqood Finance SAE. The firm has successfully guided Noqood Holding in obtaining a license from the Financial Regulatory Authority for the newly established entity. Noqood Finance SAE aims to provide medium and small financing to projects, contributing to the growth and development of […]
Background
Banking & Finance
IPOs
Other
Updates
Al Yaqout and Al Fouzan advise on the acquisition Proximus
In a landmark deal that reshapes the digital communications landscape, Proximus Opal has acquired a majority stake in Route Mobile, a prominent player in the cloud communication platform sector. The transaction, valued at $721 million, grants
Banking & Finance
Banking & Finance
Deal & transactions
IPOs
United Arab Emirates
Meysan Advises Agility on USD 4.5 Billion ADX Debut
In a significant development, Meysan has successfully advised Agility Public Warehousing Company KSCP (“Agility”) on its direct listing on the main market of the Abu Dhabi Securities Exchange (ADX). The listing involved shares in Agility’
Banking & Finance
Capital Markets
Corporate
Deal & transactions
Egypt
IPOs
Dreny & Partners Closes EGP 600 Million Issuance for Hermes
Dreny & Partners, has successfully closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB), a subsidiary of EFG Hermes Holding. The transaction, worth EGP 600 million, marks the fifth
Banking & Finance
Banking & Finance
Egypt
United Arab Emirates
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
Banking & Finance
Banking & Finance
United Arab Emirates
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
Banking & Finance
Competition & Antitrust
Healthcare, Pharma & Life Sciences
United Arab Emirates
Eversheds Advises on DIB’s Resolution with NMC Healthcare
Eversheds Sutherland has provided legal counsel to Dubai Islamic Bank (DIB), one of the leading Islamic banks in the UAE, in reaching a comprehensive settlement with NMC Healthcare group (NMC), a prominent integrated private healthcare
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO and Dustour Marine: Boosting Maritime Tourism in Abu Dhabi
Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with Dustour Marine Wooden Boats Trading Establishment to spearhead a groundbreaking project aimed at bolstering the Emirate’s coastal development and fostering maritime tourism.
Banking & Finance
Deal & transactions
United Arab Emirates
Innovating Trade Finance: RAKBANK and DP World Collaborate
UAE based financial establishment, RAKBANK has entered into a strategic partnership with DP World, a global leader in logistics and trade solutions. This collaboration aims to provide businesses of all sizes with innovative and cost-effective
Oman’s Financial Services Authority has issued a public consultation on new Bonds and Sukuk Regulation. If approved, this regulation will govern the Sultanate’s long-term debt market, offering flexibility in structuring diversified financing products
