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 per annum (mmtpa) of liquefied natural gas (LNG). The LNG will mainly come from ADNOC’s lower-carbon Ruwais LNG project in Al […]
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,
As of March 2024, Andrea Appella (pictured) has assumed the role of Associate General Counsel EMEA at OpenAI, the company founded by Elon Musk to develop artificial intelligence technologies, including ChatGPT. This new position marks a
Capital Markets
Real Estate, Construction & Infrastructure
Saudi Arabia
Dentons Guides Alpha Capital in Forus Real Estate Deal
Global law firm Dentons has recently provided legal counsel to Alpha Capital, a Sharia-compliant investment entity licensed by the Capital Market Authority (CMA) of Saudi Arabia. The advisory pertained to Alpha Capital’s acquisition of
Capital Markets
Industrial
Saudi Arabia
Updates
Dentons Advises Asyad Group on Saudi Aviation Acquisition
Dentons advised the Asyad Group, a leading Saudi holding group, on its acquisition of a 49% stake in Swissport Saudi Arabia Limited. Swissport Saudi Arabia Limited is a subsidiary of the Swissport International Group, a provider
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
MBH Advises Beyond Sky in EGP 3.05 Billion Facility Agreement
Matouk Bassiouny & Hennawy (MBH) provided legal counsel to Beyond Sky for Real Estate Projects (Beyond Sky) in securing a syndicated long-term facility agreement worth EGP 3.05 billion. The agreement, facilitated by Banque Misr as the
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
Egypt Invests USD3 Million in Green Tourism Initiative with UNIDO
The Ministry of Environment witnessed the signing of the “Green Hurghada” project agreement between the United Nations Industrial Development Organization (UNIDO) and the Environmental Affairs Agency, funded by the Global Environment Facility, with investments exceeding
Deal & transactions
TMT
United Arab Emirates
Trowers Facilitates Backlite Media Sale to Multiply Group
International law firm Trowers & Hamlins has advised on the 100% sale of Backlite Media, the out-of-home advertising company headquartered in the UAE, to Multiply Group, the Abu-Dhabi based holding company that invests in transformative organisations.
