In a significant development, AJLO Company, led by Dr. Ahmed bin Said Al Jahouri and his partner, has signed an agreement with CNS Amman Network for Computer Systems. The agreement, signed on the evening of Wednesday, March 13, 2024, marks a major step forward in the company’s expansion plans. Under the terms of the agreement, […]
The Capital Market Authority (CMA) has greenlit the registration and initial public offering (IPO) of Saudi Manpower Solutions Company (SMASCO), marking a significant development in the country’s financial landscape. In a resolution dated 01/09/1445H
FTI Consulting, Inc. has successfully obtained a Regional Headquarters License (RHQ) from the Ministry of Investment of Saudi Arabia. This newly acquired license underscores the firm’s unwavering commitment to bolstering its presence and enhancing
Capital Markets
Services
United Arab Emirates
Multiply Group Bolsters Portfolio with BackLite Media Acquisition
Abu Dhabi-based holding company Multiply Group has made a significant move in the Out-of-Home (OOH) advertising sector by acquiring 100% of BackLite Media, a prominent Digital Out-of-Home (DOOH) advertising company in the United Arab Emirates (UAE).
Capital Markets
Industrial
Saudi Arabia
Services
Transport
K&A guides a complicated private share swap transaction
In a significant development in the car leasing industry, Khoshaim & Associates (K&A) has successfully advised the Saudi Economic and Development Holding Company (SEDCO) on a complex private share swap transaction. The agreement,
Clifford Chance, a global law firm, has guided Saudi Electricity Company (“SEC”) through the dual-Series international issuance of US$800 million and US$1.4 billion senior unsecured trust certificates due 2029 and 2034 respectively. These certificates, known collectively as
Capital Markets
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Services
SASLO Legal Counsel for Oman’s Endowment Investment Fund
SASLO played a pivotal role in the historic launch of the Gheras Endowment Investment Fund, the Sultanate’s first-ever Sharia-compliant investment fund listed on the Muscat Stock Exchange. Their expertise navigated the unique legal landscape,
Simmons & Simmons has announced plans to expand its Middle East practice by opening a new office in Riyadh, marking its first presence in the Kingdom of Saudi Arabia (KSA). The KSA is one of
Al Tamimi & Company appointed Amr Namek (pictured) as the new Corporate Commercial Partner in Egypt. This strategic move is set to bolster the firm’s expertise in mergers, acquisitions, and projects. Namek, a distinguished
Zaki Hashem, Attorneys at Law, has provided legal counsel to Antipollution Egypt SAE regarding the waste management and services contract with the Red Sea Port Authority. The agreement, officially signed with the Ministry of
