Baker McKenzie assisted Aldar, an Abu Dhabi-based real estate developer, in the acquisition of an AED 2.3 billion commercial office and retail tower from H&H Development. The tower is in the Dubai International Financial Centre (DIFC), and is planned to be operational in 2028. The transaction represents one of the largest commercial tower acquisitions registered […]
Squire Patton Boggs with Taaleem on acquisiton
Squire Patton Boggs advises Taaleem Holdings on the acquisition of Lycée Libanais Francophone Privé Meydan School (LLFP Meydan) in Dubai. Taaleem is one of the largest K-12 premium education providers in the UAE. LLFP
MBH on syndicated EGP 4.35 billion loan to developer
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to a syndication of banks in connection to an EGP 4,35 billion syndicated loan. The institutions involved include First Abu Dhabi Bank Misr, Emirates NBD Egypt, Abu
Amr&Partners with Abu Dhabi Tourism Investment
Amr&Partners acted as legal advisors to Abu Dhabi Tourism Investment Company in preparing and negotiating the management agreement with French hospitality firm Accor. The deal will lead to a USD 100 million investment in
Helmy Hamza&Partners Baker McKenzie with Banque Misr
Helmy Hamza&Partners Baker McKenzie acted as lender’s counsel for Banque Misr. The legal firm’s role relates to the financing of Egyptian real estate developer Landmark Developments (“LDM”). Banque Misr, Egbank, and
Clyde&Co is legal advisor to DFF on its property tech
Clyde & Co has announced it will take the role of lead legal adviser to the Dubai Future Foundation (DFF) on its property tech Sandbox. The project is aimed at fostering innovation in the real
Helmy, Hamza & Partners Baker McKenzie with Banque Misr on
Helmy, Hamza & Partners, Baker McKenzie Cairo office, has advised Banque Misr and a consortium of seven participating banks as lenders in connection with a real estate financing to Palm Hills Developments, one of Cairo-based
Property Finder’s financing from Francisco Partners
White & Case has advised Property Finder, a Dubai-based real estate platform that operates primarily in the UAE and has recently expanded into Qatar, Bahrain, Egypt, Saudi Arabia and Turkey, on its US$90 million in
BlackRock and KSA PIF Sign Investment Management MoU
BlackRock, the world’s largest asset manager, has entered into a non-binding Memorandum of Understanding (MoU) with the Public Investment Fund (PIF) of Saudi Arabia. The MoU outlines the establishment of BlackRock Riyadh Investment Management (
Smart Urban Living: Aldar-Siemens Initiative at Saadiyat Grove
Aldar Properties and Siemens join forces to transform Saadiyat Grove into a global smart living exemplar. Using Siemens’ Xcelerator portfolio and Building X platform, Aldar will introduce the UAE’s first cloud-based smart district management