Saudi Entertainment Ventures (SEVEN), a subsidiary of the Public Investment Fund (PIF), has announced the construction of a new entertainment destination in Almadinah, and work is already underway. The construction is being carried out by BUJV, a joint venture by Al Bawani Co. and UrbaCon Trading & Contracting. The entertainment destination in Almadinah is a […]
Healthcare, Pharma & Life Sciences
IPOs
Saudi Arabia
Legal Advisors assists ProMedEx in its USD19.04M IPO on Nomu
Legal Advisors Abdulaziz Alajlan & Partners, in association with Baker & McKenzie Limited, has acted as legal counsel for Professional Medical Expertise Company (ProMedEx) through its initial public offering (IPO) on the Parallel Market of
Capital Markets
Real Estate, Construction & Infrastructure
Dreny & Partners in first-ever Club Memberships Securitization in Egypt
Dreny & Partners has successfully advised Arab Company for Projects and Urban Development (ACPUD), an affiliate of Talaat Moustafa Group Holding, on the groundbreaking securitization backed by a portfolio of club membership fees worth EGP 410.8
Capital Markets
Transport
United Arab Emirates
Clyde & Co on Simpson Spence Young’s acquisition of F3
Clyde & Co has provided legal counsel to Simpson Spence Young (SSY), a prominent independent shipbroker, on its recent acquisition of F3 Offshore Group, the offshore specialist shipbroker with offices in Hamburg and Dubai. Following
Banking & Finance
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
ALC advises on EGP 472.5 Million PHD-EFG Hermes Bond Deal
Palm Hills Developments (PHD), a prominent real estate developer in Egypt, and EFG Hermes, the investment bank franchise in Frontier and Emerging Markets (FEM), have successfully closed a groundbreaking EGP 472.5 million securitized bond issuance.
International law firm Cleary Gottlieb served as counsel to the Ministry of Oil of the Republic of Iraq and Basra Oil Company (BOC) in a landmark acquisition of a 30% interest in the Gas Growth Integrated
Global law firm Clifford Chance has advised a syndicate of 16 Omani and regional banks on multicurrency conventional and Islamic facilities for OQ Gas Networks (OQGN). As the sole proprietor and operator of Oman’s natural
Capital Markets
Healthcare, Pharma & Life Sciences
Saudi Arabia
Horizon Participation acquires into Deqh Laboratory Company
Meysan Partners’ Riyadh office advised Horizon Participation Holding, a Kuwaiti group subsidiary (“Horizon”), on acquiring a minority stake in Deqh Laboratory Company in Saudi Arabia. The acquisition will follow a scheme of arrangement under the
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Dentons on Sobha Realty’s debut $300M trust certificate issuance
Global law firm Dentons has advised Standard Chartered Bank, Dubai Islamic Bank, Emirates NBD Capital, Mashreqbank, and Sharjah Islamic Bank, acting as Joint Lead Managers in the successful debut issuance of US$300 million Trust Certificates
Banking & Finance
Food & Beverage
United Arab Emirates
Agthia Group launches a USD54 Mil corporate venture capital fund
With Group General Counsel & Corporate Secretary, Mohammad Amro (pictured), at the helm of it’s legal team, Agthia Group, a diversified food and beverage company, has introduced Agthia Ventures, a USD 54 million (AED 200 million)
