Under the legal guidance of Rick Ward, Group General Counsel (pictured), Emirates, one of the world’s largest international airline, has entered into contracts with Safran valued at over $1.2 billion. The major deal includes a $1 billion agreement for Safran Seats to supply the latest generation seats for Emirates’ new fleet of Airbus A350, Boeing […]
Global law firm HFW acted as legal counsel on the launch of the shipping industry’s inaugural sustainable fund. The fund, known as Low Emission Methanol Shipping Company (LEMSCO), was initiated by maritime investment advisor
Clifford Chance has acted as issuer’s counsel to SAL Logistics Services Co. on its SAR 2.544 billion (approx. US$678.4 million) landmark IPO with an implied market capitalization at listing of SAR 8.84 billion (approx. US$ 2.261 billion),
The maritime industry, the unsung hero of global trade, is embarking on a digital transformation. Ships and the infrastructure supporting them are getting smarter and more connected, promising smoother operations and greater efficiencies. Yet, lurking
Deal & transactions
Transport
United Arab Emirates
AD Ports Group’s Noatum Signs Memorandum of Understanding with NWTN
AD Ports Group, a leading player in the maritime, logistics, and industrial sectors, is excited to announce that Noatum, the newest addition to its corporate family, has officially signed a Memorandum of Understanding (MoU) with
Banking & Finance
Transport
United Arab Emirates
White & Case on DP World’s US$1.5 Billion Green Sukuk
Global law firm White & Case has provided legal services to the arrangers and dealers on the update of DP World Limited’s US$10 billion Global Medium Term Note Programme and US$5 billion Trust Certificate
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal advisor and coordinator in securing a significant ten-year loan amounting to EGP 1.5 billion. This financing agreement was successfully concluded with the Commercial International Bank (“CIB”) and
International law firm Clifford Chance has advised a consortium of banks led by Citibank, BNP Paribas, HSBC Bank Middle East, and MUFG Bank in connection to a USD 2.1 billion acquisition financing for AviLease. The acquisition
Matouk Bassiouny & Hennawy (MBH) has marked an impressive start for its Aviation Sector Group, which was established earlier this year. Led by Sherif El Hosseny, Partner and Head of Aviation (pictured), and supported by
Banking & Finance
Saudi Arabia
Transport
A&O with Aljazira Capital in Axiom Space’s $350M Funding Round
International law firm Allen & Overy (A&O) has provided legal counsel to Aljazira Capital (AJC) as the anchor investor in Axiom Space’s latest funding round, raising USD350 million in Series C funding.
