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 Siemens Energy and Adio to set up innovation centre in Abu Dhabi 
Deal & transactions Energy & Trading United Arab Emirates

Siemens Energy and Adio to set up innovation centre in Abu

suzan.taha@lcpublishinggroup.it 11 October 2022

The Abu Dhabi Investment Office (“Adio”) is joining forces with Siemens Energy to accelerate the development of clean energy technologies in the UAE and globally.  Under the agreement, Adio will provide Siemens Energy

 Islam Shalall joins Abdeen&Co as deputy managing partner 
Appointments Other Uncategorized

Islam Shalall joins Abdeen&Co as deputy managing partner 

suzan.taha@lcpublishinggroup.it 11 October 2022

Sudan based law firm; Abdeen&Co welcomed Islam Shalall (pictured) to its executive committee as the firm’s new deputy managing partner. Reporting to the firm’s managing partner Mohamed Abdeen, she will oversee

 Cuatrecasas’ Angola office finds a new home  
News Other

Cuatrecasas’ Angola office finds a new home  

suzan.taha@lcpublishinggroup.it 10 October 2022

Iberian firm Cuatrecasas has relocated its Angola office to Torre Maculusso, a 16-story office building in downtown Luanda.  The new space of more than 300 square meters reflects the ongoing growth of the firm’

 Clifford Chance with Aldar Properties on a USD400m investment deal
Deal & transactions Real Estate, Construction & Infrastructure United Arab Emirates

Clifford Chance with Aldar Properties on a USD400m investment deal

suzan.taha@lcpublishinggroup.it 10 October 2022

Apollo Global Management (“Apollo”), through its managed investment vehicles, has acquired an 11.1% minority stake in Aldar Investment Properties, a subsidiary of Aldar Properties and the region’s most prominent institutional-class real estate platform.  The USD 400

 Baker McKenzie with NERIC in its new agreement for Cairo Metro
Deal & transactions Egypt Transport

Baker McKenzie with NERIC in its new agreement for Cairo

suzan.taha@lcpublishinggroup.it 10 October 2022

Helmy Hamza & Partners, Baker McKenzie Cairo office, has advised the National Egyptian Railway Industries Company (“NERIC”) on its first offtake and supply agreement with Hyundai Rotem, the South Korean heavy industry company and the

 Adnoc Drilling lands $1.53B contract for Adnoc’s offshore expansion
Deal & transactions Oil & Gas United Arab Emirates

Adnoc Drilling lands $1.53B contract for Adnoc’s offshore expansion

suzan.taha@lcpublishinggroup.it 10 October 2022

Abu Dhabi National Oil Company (“ADNOC”) has awarded a contract worth USD1.53 billion (AED5.62 billion) to Adnoc Drilling to support the expansion of Adnoc’s offshore operations and crude oil production capacity to five million

 Development Partners International sells B.TECH stake to PIF
Deal & transactions E-Commerce Egypt

Development Partners International sells B.TECH stake to PIF

suzan.taha@lcpublishinggroup.it 6 October 2022

Africa-focused investment firm Development Partners International (“DPI”) sold its 34% minority stake in consumer electronics and household appliances retailer B.TECH to Saudi Egyptian Investment Company (“SEIC”), The Saudi Public Investment Fund (“PIF”)’

 Solutions by Stc completes stake acquisition into Giza Systems 
Deal & transactions Egypt TMT

Solutions by Stc completes stake acquisition into Giza Systems 

suzan.taha@lcpublishinggroup.it 5 October 2022

Arabian Internet and Telecommunication Company, Solutions by Stc, an enabler of digital transformation in the Kingdom of Saudi Arabia, has completed the acquisition of a majority stake (88.19%) of Giza Systems with an enterprise value worth

 Zahaf & Partners and the future of investment in Libya 
Opinions Other Uncategorized

Zahaf & Partners and the future of investment in Libya 

suzan.taha@lcpublishinggroup.it 4 October 2022

With Suzan Taha After years of economic isolation, Libya is ready to welcome the world by announcing various investment opportunities. Several laws were enacted to provide investors with various benefits, offering several investment incentives, which

 Taqa secures refinancing of USD3.5 billion revolving credit facility 
Banking & Finance Energy & Trading United Arab Emirates

Taqa secures refinancing of USD3.5 billion revolving credit facility 

suzan.taha@lcpublishinggroup.it 3 October 2022

Abu Dhabi National Energy Company (“TAQA”) has secured refinancing its USD3.5 billion revolving credit facility.  Secured via a syndicate comprising 20 banks, the new 5-year USD SOFR-based facility, which will be utilised for general corporate

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legalcommunitymena.com

Launched in 2022 by LC Publishing Group S.p.A., it is the first digital portal addressed to the Middle East North Africa market.

In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointmens and providing insights, analytical data and opinions on the professions’ main trends and topics (AI, innovation, etc.).

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