The Sovereign Fund of Egypt (“TSFE”) and education management firm Egypt Education Platform (“EEP”) have successfully entered into a joint acquisition of an undisclosed majority stake in the educational publishing entity
BEEAH Group (“BEEAH” or “the company”) hosted its first BEEAH Legal Conference on Monday 17 October. The conference held at the company’s HQ building, designed by Zaha Hadid, saw BEEAH’s c-suite and leadership team
With ESG sitting at the top of the business agenda and being more prominent than ever, the region’s leading law firm has appointed Hamza Al-Haboubi (pictured) as its dedicated ESG Consultant. Environmental, Social,
Dentons has successfully launched its previously announced combination with leading Tunisian law firm, Zaanouni Law Firm & Associates. The launch of Dentons Zaanouni Law Firm & Associates (“Dentons Zaanouni”), led by managing partner Mohamed Zaanouni (
Ammar El Banna, founder of Incept Legal and of counsel at Khodeir & Partners, has successfully secured an injunction for an international corporation before the Dubai Court of Appeal. El Banna acted for the
Banking & Finance
Capital Markets
Saudi Arabia
Saudi Real Estate Refinance Co. issues SAR3 B guaranteed sukuk
Saudi Real Estate Refinance Company (“SRC”), the wholly-owned Public Investment Fund of the Kingdom of Saudi Arabia, has increased its programme limit from SAR 10 billion to SAR 20 billion and issuance of SAR 3 billion (USD798 million)
Energy & Trading
United Arab Emirates
Adnoc & Taqa’s sub-sea electricity transmission “Project Lightning”
Abu Dhabi National Oil Company (“ADNOC”) and Abu Dhabi National Energy Company (“TAQA”) are jointly procuring the development, innovative sub-sea electricity transmission project The development is expected to reduce the carbon footprint of ADNOC’s
Deal & transactions
TMT
United Arab Emirates
Norton Rose Fulbright advises IHC on its acquisition into Emircom
IHC Digital, a subsidiary of International Holding Company (“IHC”), has successfully completed a AED 250 million acquisition of a 54% stake in Middle East information and communications technology (ICT) provider Emircom. The transaction, which closed on 28 September 2022,
Asafo & Co. advised Holged Group, a provider of primary and secondary education in Morocco and Tunisia, in Africa 50’s investment in its share capital. Africa 50, a pan-African infrastructure investment platform, entered into
Thursday the 13th witnessed the celebration of the Italian Inhousecommunity Awards 2022 in Milan. The ceremony was an opportunity to shed a spotlight on the world of legal affairs, personnel, CFOs, CEOs and
