Global law firm White & Case acted as legal counsel to FIVE Holdings (BVI) Limited on its inaugural bond offering, which raised $350 million in the form of 9.375% Senior Secured Guaranteed Green Notes. FIVE Holdings is a prominent vertically integrated hospitality group, renowned for its luxury hotels situated primarily in Dubai, and more recently, […]
Norton Rose advises in US$2.2bn Investment in Abu Dhabi’s Project
Global law firm Norton Rose Fulbright has provided legal counsel to a consortium of financiers in their investment of approximately US$2.2 billion into a new independent water treatment (IWP) and transportation system project in Abu
King & Spalding advises on USD 1.1 Billion King Salman
King & Spalding has advised Saudi Fransi Capital on the establishment of the King Salman Park Real Estate Development Fund. This innovative fund is set to spearhead the development of a mixed-use project within the
Aldar Estates expands portfolio with FAB Properties acquisition
Under the legal guidance of Group General Counsel at Aldar Properties Emma O’Brien (pictured), Aldar Estates, a prominent player in the real estate industry and a unit of Aldar Properties, has recently revealed its
Baker McKenzie advises SODIC on Nobu Venture in Egypt
International law firm Baker McKenzie has provided counsel to Sixth of October Development and Investment Company (SODIC), a prominent diversified real estate developer in Egypt and a majority-owned subsidiary of the Abu Dhabi-based consortium comprising
Clifford Chance: Expo City Dubai launches sustainable residential projects
International law firm Clifford Chance has provided legal services to Expo City Dubai during the successful off-plan launch of two sustainable residential projects, namely “Mangrove Residences” and “Expo Valley.” Mangrove Residences is set to feature
Clyde & Co in Aldar Properties acquisition into Basatin Landscaping
Clyde & Co acted as legal counsel to Zaad Capital on the successful AED 150 million sale of a 75% stake in Basatin Landscaping to Aldar Properties, an Abu Dhabi-based property development, management, and investment company. Aldar
White & Case: Blue Water Energy sells Kent to Nesma
Global law firm White & Case acted as legal counsel to energy investment firm Blue Water Energy (Bluewater) on the successful sale of engineering company Kent to Nesma & Partners. Since Bluewater’s investment in
SEVEN Unveils New Entertainment Destination in Almadinah
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
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