Saudi Arabia’s Public Investment Fund (PIF) is setting up a company to offer services such as utilities, energy and waste management as well as maintenance, housekeeping, security, and landscaping services to key industries that
In a significant move within the media and publishing landscape, Paramount Global has successfully finalized the sale of Simon & Schuster to global investment firm KKR for a staggering $1.62 billion in an all-cash transaction. The
Abu Dhabi, UAE: With ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured) at the helm of its legal department, Abu Dhabi National Oil Company, a prominent player in the energy sector with substantial
Banking & Finance
Capital Markets
United Arab Emirates
Ibrahim .N. PARTNERS is helping Ajman Bank raise for an
Ibrahim .N. PARTNERS Helps Ajman Bank Raise AED 550 Million in Oversubscribed Rights Issue Dubai-based law firm Ibrahim .N. PARTNERS has played a pivotal role in Ajman Bank’s recent successful AED 550 million Rights Issue. The
The General Authority for Investment and Free Zones (GAFI) has introduced a new initiative called the “Single Approval” to enhance its existing “Golden License” framework in order to attract more investors. This development was announced
Dr. Mohamed Farid Saleh to carry out the work of Chairman of the Board of Directors of the Financial Regulatory Authority for a year, as of August 7, 2023. And Dr. Mohamed Farid had been assigned to
Dentons, the largest global law firm, is set to introduce a specialized version of ChatGPT called “fleetAI” that aims to enhance its legal services by leveraging generative artificial intelligence. This proprietary tool incorporates a chatbot
Consumer protection is a cornerstone of a thriving economy, ensuring that individuals and businesses engage in fair and transparent transactions. Recognizing its significance, the United Arab Emirates (UAE) took a significant step towards bolstering consumer
Allen & Overy, a prominent international law firm, has recently revealed that Khalid Garousha, the existing regional managing partner for the Middle East and Turkey, is set to assume the position of the firm’s
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC expands presence in Caspian Sea with Absheron Investment
Under the legal guidance of ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured), Abu Dhabi National Oil Company (ADNOC) has taken a significant step towards expanding its presence in the international
