International legal firm Clifford Chance has provided legal counsel to TAWAL, a subsidiary of Saudi Telecommunication Company (stc), in securing Shari‘a-compliant term loan and bridge finance facilities. These funds will facilitate the acquisition of three telecommunications tower asset companies located in Bulgaria, Slovenia, and Croatia from the United Group. The financing, totalling USD1.42 billion, was […]
International law firm Trowers & Hamlins (‘Trowers’) has entered into a memorandum of understanding with Madaar, a tech startup incubator based in Oman. This collaboration aims to enhance the legal support available to the local
Swiss law firm Lenz & Staehelin has successfully defended a Lebanese-owned telecommunications operator in proceedings before the Swiss Federal Supreme Court. The case involved the Republic of South Sudan’s attempt to annul an arbitral
Under the leadership of Brooke Lindsay (pictured), Group Chief Legal & Compliance Officer, Emirates Telecommunications Group Company “e&” (formerly Etisalat Group) has recently finalized a binding agreement with PPF Group (“PPF”) to acquire a
Cairo, Egypt – In a significant move aimed at attracting foreign investments, the Cabinet of Egypt has approved a draft law to amend provisions of the Importers Register Law (Law No. 121 of 1982). The amendment allows for
Brooke Lindsay, Group Chief Legal & Compliance Officer at e& (formerly Etisalat Group), has been appointed to the Board of PTCL, an integrated (fixed and mobile) telecom operator in Pakistan. The announcement was
Deal & transactions
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United Arab Emirates
Allen & Overy advises on Hub71’s latest start-up Intake
Allen & Overy has acted as legal counsel for Hub71, Abu Dhabi’s global tech ecosystem, on the development of its incubator investment framework. This framework will facilitate the integration of the latest cohort of
International law firm Eversheds Sutherland has successfully advised its longstanding client, Foursan Group, on its recent acquisition of a minority stake (21%) in Mena Solutions Limited (Mena Solutions). Foursan Group, a specialized private equity firm, focuses
Herbert Smith Freehills and White & Case provided legal advice on MTN Group Limited’s revolving credit facility valued at up to USD 1 billion. The facility aimed to refinance the company’s existing arrangement. White &
Global law firm Hogan Lovells has launched ELTEMATE, a dedicated technology brand aimed at providing clients with innovative digital solutions across various legal areas. ELTEMATE will serve as a centralized hub for Hogan Lovells’
