Dreny & Partners has acted as legal counsel on the successful closure of AUR Leasing & Factoring securitized transaction, valued at EGP 1.124 billion. This transaction is part of a comprehensive 3-year multi-issuance program with a total value of EGP 8 billion. The issuance was backed by a robust receivables portfolio originated by AUR Leasing & […]
Ashraf Abdelhamid (pictured) has been promoted to CEO, Group Legal at the esteemed National Bank of Egypt (NBE). With his new role, Abdelhamid assumes leadership of the legal function within NBE in Egypt and on
Banking & Finance
Deal & transactions
United Arab Emirates
Standard Bank and DP World to boost trade finance in
Under the legal guidance of Olivier Schwartz, Chief Legal Officer & General Counsel at DP World, and Karim El Tantawi, Head of Legal at DP World Trade Finance, supply chain solutions tycoon, DP World has
Global law firm White & Case and The Law Office of Megren M. Al-Shaalan (LOMAS), has provided legal counsel to Banque Saudi Fransi and Bank Albilad, two leading Saudi banks, on their SAR1.8 billion Islamic
Banking & Finance
Capital Markets
Deal & transactions
United Arab Emirates
Mubadala Capital buys majority stake in Fortress Investment Group
With the legal guidance of a cross-border team from Shearman & Sterling, Abu Dhabi-based Mubadala Investment Company’s asset management subsidiary, Mubadala Capital, and Fortress Investment Group have announced their definitive agreements to acquire a 90.01%
Banking & Finance
Banking & Finance
United Arab Emirates
Clifford Chance: UAE Ministry of Finance issues T-Sukuk Programme
International law firm Clifford Chance has advised the Federal Government of the United Arab Emirates, represented by the Ministry of Finance as the issuer, on the issuance of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk), with
Global law firm White & Case has provided advisory services to Alpha Bank, one of Greece’s systemic banks, on its recent agreement to dispose of a portfolio with a gross book value of approximately €240
Banking & Finance
Banking & Finance
United Arab Emirates
Allen & Overy on TMF Group’s EUR955m and USD400m TLB
A cross-border team from Allen & Overy (A&O) has advised the bookrunners on a EUR955m and USD400m term loan B for TMF Group, which is owned by CVC and the Abu
Banking & Finance
Banking & Finance
Other
Trowers advises on Ominvest’s corporate perpetual bonds issuance
International law firm Trowers & Hamlins advises Ubhar Capital in its capacity as an issue manager on the issuance of OMR60,158,904 unsecured, perpetual and subordinated bonds by Oman International Development & Investment Company (‘Ominvest’). Ominvest
Banking & Finance
Banking & Finance
United Arab Emirates
Stephenson Harwood with National Bank of Fujairah on solar deal
Law firm Stephenson Harwood has advised the National Bank of Fujairah, a United Arab Emirates-based commercial bank, on a long-term credit facility to CleanMax. The funds will be used to refinance CleanMax’s rooftop solar
