Cleary Gottlieb is representing semiconductor manufacturer GlobalFoundries, as issuer, and Mubadala Technology Investment Company, as selling shareholder, in a secondary public offering of $840 million GlobalFoundries ordinary shares and an approximately $300 million share repurchase. The offering
Baker Botts advised AlJazira Capital and Al Rajhi Capital Company, as joint lead managers, and HSBC Saudi Arabia, as sukukholders’ agent, on the issuance by AlJazira Bank of SAR 1.464 billion additional tier 1 capital sukuk. The
Squire Patton Boggs advised Pasha Real Estate Group — a part of Pasha Holding specialising in the investment, development, strategic management, and operation of real estate assets — as the company has taken a majority stake in
Kirkland & Ellis is advising King Salman Park Foundation (KSPF) on the development and construction of two mixed-use development districts in Riyadh, with an aggregate value of approximately USD 3.8 billion. The KSPF project will include
Akin’s Dubai capital markets team advised Türkiye Petrolleri Anonim Ortaklığı (TPAO), Türkiye’s state oil and gas company, on the establishment of its $4 billion trust certificate issuance program and the completion of
Gateley Middle East has expanded its partnership with the appointment of Alim Khamis (pictured) as head of disputes in Dubai. Prior to joining Gateley, Alim Khamis served as partner and head of office at Charles
Ashurst advised Moroccan Agency for Sustainable Energy (MASEN) and Bank of Africa in connection with their role as senior lenders in the financing of six photovoltaic solar power plants across various regions of the Kingdom.
Pinsent Masons has followed up the opening of a new office in Shenzhen with government approval to enter a joint venture in the Qianhai Free Trade Zone with Chinese corporate law firm China Commercial
Baker Botts advised Saudi Media Company, through its subsidiary, on the sale of a 25% stake in Spanish football club UD Almería to CR7 Sports Investments, the investment vehicle of footballer Cristiano Ronaldo. The financial
Gibson Dunn officialised the appointment of corporate and M&A lawyer Waleed Rasrommani (pictured) as a partner in its Riyadh office. The firm opened in the Saudi capital in 2023 and has since expanded its
