A major deal has been finalized between ADQ, an investment and holding company based in Abu Dhabi, and ADNEC Group, to buy a 40.5% share in the hospitality division of Talaat Moustafa Group Holding (TMG Holding), known as ICON Group. This strategic move involves a capital increase and aims to boost the development of Egypt’s […]
Capital Markets
Healthcare, Pharma & Life Sciences
United Arab Emirates
Addleshaw Goddard advises on SuperSonic Imagine’s MBO
International law firm, Addleshaw Goddard has facilitated the management buy-out (MBO) of SuperSonic Imagine, a prominent medical technology company based in the UAE. Acting on behalf of SSH Holdings, a UAE-based private equity group, the
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
ALC on EFG Hermes-Palm Hills EGP 421M Bond Issuance
With ALC-Alieldean Weshahi & Partners acting as the transaction’s legal advisor, EFG Hermes, an investment bank in Frontier and Emerging Markets (FEM) operating under EFG Holding, and Palm Hills Developments (PHD), a premier real
Allen & Overy (A&O) has provided legal counsel to a consortium of lenders, including International Finance Corporation (IFC), European Bank for Reconstruction and Development (EBRD), Asian Infrastructure Investment Bank (AIIB), Deutsche Investitions- Und
Deal & transactions
Transport
United Arab Emirates
BEEAH and DCV MENA Collaborate for Sustainable Transportation
Guided by Group Chief Legal Officer Shaun Johnson (pictured), BEEAH Group have formalized their commitment with Daimler Commercial Vehicles MENA (DCV MENA) to advancing sustainable transportation in the region through the
Prominent legal advisor Dentons has facilitated OQ Exploration & Production (OQEP) in the strategic divestment of a 40% interest in two crucial oil and gas blocks situated in Oman. As a wholly-owned subsidiary of OQ, a
Corporate
Deal & transactions
Insurance
United Arab Emirates
Baker McKenzie’s Global Team Facilitates Fairfax’s GIG Expansion
Global law firm Baker McKenzie has provided legal counsel to Fairfax Financial Holdings Limited (“Fairfax”) in its acquisition of KIPCO’s 46.32% shareholding in Gulf Insurance Group K.S.C.P (“GIG”) for approximately USD 860 million.
Banking & Finance
Healthcare, Pharma & Life Sciences
Saudi Arabia
KN&P Guides Clinicy in Landmark Series A Funding
KN&P has acted as legal counsel for Saudi health tech startup Clinicy in successfully securing a substantial seven-figure investment in a Series A funding round, marking a significant milestone for the
Matouk Bassiouny and Hennawy (“MBH”) Arbitration Group secured a significant victory with the successful resolution of a dispute for a global market leader in the oil and gas industry. This industry giant operates on a
Sharkawy & Sarhan Law Firm (Sharkawy & Sarhan) has been instrumental in the pivotal step forward for the transformative Damietta Port Project, participating in the signing of the Financing Documents following the earlier signing of
