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
Banking & Finance
Energy & Trading
United Arab Emirates
Taqa secures refinancing of USD3.5 billion revolving credit facility
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
Deal & transactions
Energy & Trading
Saudi Arabia
Aramco and Schlumberger’s sustainability solutions digital platform
Aramco, Saudi’s global integrated energy and chemicals company, and international technology company Schlumberger have announced plans to collaborate and develop a digital platform that will provide sustainability solutions for hard-to-abate industrial sectors. The proposed
Appointments
Banking & Finance
United Arab Emirates
Gabriella Savastano appointed to CMS’ financial services practice
International law firm CMS bolsters its financial services offering in the UAE with the appointment of Gabriella Savastano (pictured) as legal director in its Dubai office. Savastano specialises in financial services regulation and
Appointments
Energy & Trading
United Arab Emirates
David Miles joins Linklaters’ Dubai Energy & Infrastructure practice
Linklaters strengthens its Energy & Infrastructure practice in the Middle East with hire of David Miles (pictured). The Dubai based partner is a legal veteran with over 20 years of experience in structuring, advising on, and
BMCE Capital Investment, part of the BMCE Capital Group, has launched Fonds Capital Venture, its first private equity fund to support growth in Morocco’s start-up ecosystem. The newly formed MAD 50 million (USD 4.5
Healthcare, Pharma & Life Sciences
IPOs
United Arab Emirates
Burjeel Holdings opens subscription period for IPO in UAE
Burjeel Holdings has announced the offer price range and the opening of the subscription period for its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX). The opening of the subscription period
Deal & transactions
Egypt
Energy & Trading
Beeah and Green Planet to advance waste management in Egypt
Beeah Group, the Middle East’s sustainability pioneer, and Green Planet, Egypt’s emerging sustainable environmental services company, have formed a partnership to deliver a landmark ten-year contract in Sharm el-Sheikh, Egypt. Beeah Group and
Podcast production company Finyal Media has been acquired by the Jordanian podcast and media company Sowt. Founded in 2019, Dubai based Finyal Media is a podcast network which creates content for young Arabs across MENA,
Energy & Trading
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar invests AED 25m to support energy consumption reduction
Aldar Properties (“Aldar”) has committed to investing AED 25 million (approx. USD6.8 mil) for energy retrofit projects in 13 of its residential communities that will reduce utility consumption for owners and tenants as part of the company’
