NMC Healthcare group (“NMC”), a prominent private healthcare provider in the United Arab Emirates (“UAE”), and Dubai Islamic Bank (“DIB”), one of the largest Islamic banks in the UAE, have announced the successful resolution of all litigation between them, along with related third parties. In a joint statement released yesterday, NMC and DIB revealed that […]
Banking & Finance
Capital Markets
Deal & transactions
Egypt
Healthcare, Pharma & Life Sciences
ADSERO Facilitate Investment in Parkville Pharmaceutical
Parkville Pharmaceutical Secures Significant Minority Investment from Admaius Capital Partners ADSERO – Ragy Soliman & Partners have successfully advised Parkville Pharmaceutical on a significant minority investment from Admaius Capital Partners. The advisory team from ADSERO – Ragy
Banking & Finance
Transport
United Arab Emirates
Moove Secures $100 Million in Series B Funding Round
Moove, the global mobility fintech dedicated to democratizing vehicle ownership for mobility entrepreneurs, has announced a significant achievement today with the closure of a $100 million Series B funding round. The investment, led by Mubadala Investment
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Dubai Holding Welcomes Nakheel and Meydan into its Portfolio
Under the visionary directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Nakheel and Meydan will merge with Dubai Holding, marking a significant step towards sustained
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
ADREC Teams Up with Bayut, Dubizzle and Property Finder
Abu Dhabi’s Real Estate Centre (ADREC) has signed a Memorandums of Understanding (MoUs) with leading real estate platforms, Bayut, Dubizzle, and Property Finder. The objective is to augment transparency, efficiency, and decision-making within Abu
With Group General Counsel Spyros Zampelis (pictured) at the helm of its legal department, Almarai Company, one of the Middle East’s largest dairy company, has announced its comprehensive investment strategy for the upcoming
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC Inks Second Long-Term Deal for Ruwais LNG Project
ADNOC has signed a 15-year Heads of Agreement with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of one million metric tonnes
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
Banking & Finance
TMT
United Arab Emirates
Trowers Advises Core42 On Securing Strategic Loan Facility
International law firm Trowers & Hamlins has acted as the English and UAE counsel to Injazat Data Systems in relation to a secured term loan facility availed from Abu Dhabi Commercial Bank. Injazat, now
Appointments
Healthcare, Pharma & Life Sciences
Other
Jörg Häring joins Fresenius Medical Care as Global Head of
Fresenius Medical Care, a prominent provider of products and services for people with kidney disease, has appointed Jörg Häring (pictured) as its new Global Head of Legal, Compliance, and Human Resources. Häring,
