The Law Firm of Salman M. Al-Sudairi and Latham & Watkins have advised SNB Capital, HSBC Saudi Arabia, Morgan Stanley Saudi Arabia and Citigroup Saudi Arabia as the underwriters of Saudi Aramco Base Oil Company – Luberef, one of the largest base oils producers in the world and the leading base oils producer in Saudi […]
Global law firm White & Case has advised Saudi Arabian Oil Company (“Saudi Aramco”) on its heads of agreement with China Petroleum & Chemical Corporation (“Sinopec”) to build a refinery and petrochemical project in Gulei
White & Case and The Law Office of Megren M. Al-Shaalan have advised power and communications cables maker, Riyadh Cables Group Company (“RCG”), on its initial public offering on the Main Market of the Saudi
International law firm CMS has advised Oman Broadband Company, wholly owned by the Government of the Sultanate of Oman, on a major new financing deal using a hybrid facility (with conventional and Shariah-compliant tranches) and
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
ALEC Engineering and Contracting acquires Target Engineering
ALEC Engineering and Contracting, part of the Investment Corporation of Dubai (ICD) group, has successfully completed its strategic acquisition of Target Engineering, an EPC contractor offering in-house services for major construction disciplines in onshore and
Banking & Finance
Transport
United Arab Emirates
Hassana to invest USD2.4b in DP World’s flagship UAE assets
International law firm Clifford Chance has advised DP World, a global infrastructure-led supply chain solutions provider, on the USD2.4 billion investment in three of its flagship UAE assets by Saudi Arabia-based Hassana Investment Company, the
Capital Markets
Deal & transactions
Egypt
TMT
Sharkawy & Sarhan with Vodafone on the acquisition by Vodacom
Sharkawy & Sarhan acted as Egyptian counsel to the Vodafone Group (“Vodafone”) in relation to the transfer of its 55% shareholding in Vodafone Egypt to Vodacom. The spam of the transaction took more than a year.
CMS advised Oman Broadband Company on a major new financing deal using a hybrid facility in a deal worth USD 445 million. . Mandated by the Government to build and develop a broadband structure to address low
Dreny & Partners has acted as legal counsel for telecommunication company, Vodacom in its acquisition of a 55% stake in telecom network operator Vodafone Egypt for an equity consideration of circa USD2.738 billion. The
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
CMS advises on Aldar Properties’ partnership with Nobu Hospitality
International law firm CMS has advised UAE’s real estate developers and managers Aldar Properties (“Aldar”) on its exclusive partnership with Nobu Hospitality to develop a new luxury hotel, branded residences, and a fine dining
