In a significant move in the business landscape, ASAR acted as Kuwait law counsel to Jadwa and its subsidiary Entertainment Opportunities Investment Company as it completed the acquisition of a substantial 35% stake in Gissah for Perfumes, Teeb and Oud Company, a prominent player in Kuwait’s perfume industry. The acquisition involved the purchase of shares […]
Deal & transactions
Healthcare, Pharma & Life Sciences
United Arab Emirates
Ashurst advises PureHealth on acquisition of Circle Health Group
International law firm Ashurst has provided legal counsel to Pure Health Holding in its acquisition of the Circle Health Group, the United Kingdom’s largest private healthcare group. Pure Health, the Middle East’s largest
International law firm Trowers & Hamlins (‘Trowers’) has entered into a memorandum of understanding with Madaar, a tech startup incubator based in Oman. This collaboration aims to enhance the legal support available to the local
Banking & Finance
Saudi Arabia
Transport
A&O with Aljazira Capital in Axiom Space’s $350M Funding Round
International law firm Allen & Overy (A&O) has provided legal counsel to Aljazira Capital (AJC) as the anchor investor in Axiom Space’s latest funding round, raising USD350 million in Series C funding.
Banking & Finance
Food & Beverage
United Arab Emirates
White & Case on Almarai’s USD2B Trust Programme Update
Global legal firm White & Case has facilitated the successful update of Almarai’s substantial USD2 billion Trust Certificate Issuance Programme (the Programme), as well as overseeing the issuance of USD750 million Trust Certificates under
Swiss law firm Lenz & Staehelin has successfully defended a Lebanese-owned telecommunications operator in proceedings before the Swiss Federal Supreme Court. The case involved the Republic of South Sudan’s attempt to annul an arbitral
Barakat Maher & Partners, in association with Clyde & Co, has provided essential legal counsel to PANGIAM as it embarks on an ambitious endeavor to modernize and enhance the Cairo International Airport. This transformative project
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC expands presence in Caspian Sea with Absheron Investment
Under the legal guidance of ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured), Abu Dhabi National Oil Company (ADNOC) has taken a significant step towards expanding its presence in the international
Capital Markets
Industrial
Saudi Arabia
Dentons on Farabi Petrochemicals’ first overseas acquisition
Global law firm Dentons acted as legal counsel to Saudi Arabia’s Farabi Petrochemicals Company (Farabi) on its landmark first overseas acquisition. In a strategic move to expand its foothold in the Asian market, Farabi
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Clyde & Co in Aldar Properties acquisition into Basatin Landscaping
Clyde & Co acted as legal counsel to Zaad Capital on the successful AED 150 million sale of a 75% stake in Basatin Landscaping to Aldar Properties, an Abu Dhabi-based property development, management, and investment company. Aldar
