In a significant development, Decree, under the leadership of its Chief Executive Officer, Riyadh Al-Balushi, has launched Decree Risk. This innovative tool is a structured database designed to assist organizations in managing their risk when engaging with Omani businesses. Legal departments in banks, telecom and utility companies, and other organizations dealing with a large number of Omani businesses, […]
Deal & transactions
Industrial
United Arab Emirates
EGA to Acquire Recycled Aluminium Producer, Leichtmetall
Emirates Global Aluminium (EGA), a global aluminium producer, has announced the signing of a binding agreement to acquire Leichtmetall Aluminium Giesserei Hannover (Leichtmetall), a German aluminium recycling company. Leichtmetall is a European specialty foundry
Meysan Partners‘ Riyadh office offered advisory services to Allub Industrial Company, a subsidiary of a prominent Kuwait-based group, in its acquisition of a 100% stake in Al Aber Global Industrial Company. Al Aber Global is a
Capital Markets
Industrial
Saudi Arabia
Updates
Dentons Advises Asyad Group on Saudi Aviation Acquisition
Dentons advised the Asyad Group, a leading Saudi holding group, on its acquisition of a 49% stake in Swissport Saudi Arabia Limited. Swissport Saudi Arabia Limited is a subsidiary of the Swissport International Group, a provider
Deal & transactions
Education
Egypt
Industrial
Oil & Gas
Egypt Boosts Skill Development with New Technical Schools
The Egyptian Ministry of Petroleum and Mineral Resources, in collaboration with Eni and local entities, signed significant cooperation agreements to establish new Applied Technical Schools in Damietta and Marsa Matrouh governorates. These schools, operated
Capital Markets
Industrial
Saudi Arabia
Services
Transport
K&A guides a complicated private share swap transaction
In a significant development in the car leasing industry, Khoshaim & Associates (K&A) has successfully advised the Saudi Economic and Development Holding Company (SEDCO) on a complex private share swap transaction. The agreement,
Mazghouny & Co has provided legal counsel to Scatec, a Norwegian renewable energy developer, in its collaboration with Misr Aluminium Company (EgyptAlum). The agreement, inked on February 20, 2024, focuses on the development of a groundbreaking 1GW
OGH Legal assisted Flex Group in the establishment of a new legal entity, Flex Asepto Egypt, a top manufacturer of packaging products. The process involved collaboration with the General Authority for Suez Canal Economic Zone (“
Capital Markets
Deal & transactions
Energy & Trading
Industrial
Oil & Gas
Saudi Arabia
TMT
Baker Hughes and Dussur Inaugurate Joint Venture in Saudi Arabia
Baker Hughes, a leading energy technology company, and Dussur, a consortium owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), announced the official inauguration of their joint
White & Case LLP has advised Actis on its acquisition of a newly carved-out tower portfolio from leading Central & Eastern European telecommunications operator Telekom Srbija. “This is an extremely exciting transaction for Actis and
