Saudi Arabia’s low-cost airline, Flynas, has announced its intention to list shares on the Tadawul stock exchange this year. This move aligns with Saudi Arabia’s broader ambitions to expand its aviation sector and capitalize on the current boom in initial public offerings (IPOs) in the country. The legal implications of this decision are manifold. For […]
Historic Cross-Country Railway Project Connects UAE and Oman
In a landmark development, Siemens Mobility and Hassan Allam Construction have been awarded the contract to design and build the railway systems and integration for the Abu Dhabi – Sohar railway link. This project marks the
AD Ports Group, a global leader in trade facilitation, logistics, and industry, has recently signed a 20-year concession agreement with Unicargas and Multiparques to operate and enhance the Luanda Multipurpose Port Terminal. This landmark agreement,
Freshfields Guides DP World in Seafreight Business Deal
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising in DP World’s latest move within the global supply chain landscape. Freshfields is advising DP World, the renowned company in global supply chain solutions headquartered
Mubadala’s Sanad Extends Partnership with Asiana Airlines
Sanad, a global aerospace engineering and leasing solutions provider under Abu Dhabi’s Mubadala Investment Company (Mubadala), has strengthened its collaboration with Asiana Airlines, South Korea’s second-largest airline, through a five-year contract extension valued
Dubai Aerospace Enterprise (DAE), a prominent global aviation services company, has finalized a AED 2.75 billion (US$750 million) 5-year unsecured term loan agreement with Emirates NBD Bank (ENBD). The funds from this loan will be utilized
HFW, a specialized international law firm, provided counsel to Al Seer Marine and BGN on the financing arrangements for the construction of three Very Large Gas Carriers (VLGCs) in Korea and Japan. The AED863 million
International law firm, Dentons has provided legal counsel to Overseas Development Holding Company, a Bahrain-based entity and part of the GES Group, in the strategic sale of a significant majority stake in Overseas Development Company
Dentons Facilitates US$235 Million Ship Financing for ABGC
International law firm, Dentons has provided legal counsel to a consortium of financiers on a groundbreaking Shari’a-compliant syndicated ship financing, amounting to US$235 million, for a joint venture between Al Seer Marine and BGN,
Ashurst, the official legal services partner to the McLaren Group, has advised McLaren Group Limited on its capital reorganisation. This significant milestone underscores the ongoing transformation journey of the luxury automotive and elite motorsports group.