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 ADQ and OIA identify investment opportunities worth AED 30 billion  
Deal & transactions News United Arab Emirates

ADQ and OIA identify investment opportunities worth AED 30 billion

suzan.taha@lcpublishinggroup.it 30 September 2022

ADQ, an Abu Dhabi-based investment and holding company, discussed a range of investment opportunities with Oman Investment Authority (“OIA”), across a variety of sectors aimed at contributing to increased economic cooperation and trade between both

 TCI Sanmar completes Egypt’s first Bonds Issuance via Debt Conversion  
Capital Markets Egypt Industrial

TCI Sanmar completes Egypt’s first Bonds Issuance via Debt Conversion

suzan.taha@lcpublishinggroup.it 30 September 2022

TCI Sanmar Chemicals (“TCI Sanmar”) has successfully completed the private placement of the company’s Non-Convertible Debentures (“NCDs”) to nine foreign banks through the conversion of 15% of the total debt of TCI Sanmar into a

 Contact Financial Holding closes EGP 2bn Sukuk Issuance
Banking & Finance Capital Markets Egypt

Contact Financial Holding closes EGP 2bn Sukuk Issuance

suzan.taha@lcpublishinggroup.it 29 September 2022

Alieldean Weshahi & Partners acted as legal advisor for Contact Financial Holding, a non-bank financial service provider in Egypt, on the closing of an EGP 2 billion (approx. USD 102.5) sukuk issuance, following Financial Regulatory Authority (“FRA”)

 Al Tamimi & Co with Nord Anglia Education in its Jordan expansion
Deal & transactions Other Uncategorized

Al Tamimi & Co with Nord Anglia Education in its

suzan.taha@lcpublishinggroup.it 29 September 2022

Nord Anglia Education, a premium international schools organization, has further expanded its presence in the Middle East with the joining of Amman Academy to its family of schools.  Amman Academy, a private co-educational, bilingual

 ZH&P on the Gov. of Egypt’s concession for Strategic Warehouses  
Deal & transactions Egypt Food & Beverage

ZH&P on the Gov. of Egypt’s concession for Strategic Warehouses

suzan.taha@lcpublishinggroup.it 28 September 2022

Hassan Allam Utilities, Orascom, and Samcrete have signed an agreement with the Internal Trade Development Authority (“ITDA”) for the financing, design, construction, operation and maintenance of the strategic warehouses for primary products in the

 Etihad Rail and Oman Rail to build a USD 3 billion railway 
Deal & transactions Transport United Arab Emirates

Etihad Rail and Oman Rail to build a USD 3 billion

suzan.taha@lcpublishinggroup.it 28 September 2022

Etihad Rail, the developer and operator of the UAE National Rail Network, signed an agreement with Oman Rail, the Sultanate’s national developer and operator of railway networks, to jointly establish an equally-owned company, Oman-Etihad

 Jamie Levy named senior advisor at Abu Dhabi Investment Office 
Appointments Banking & Finance United Arab Emirates

Jamie Levy named senior advisor at Abu Dhabi Investment Office 

suzan.taha@lcpublishinggroup.it 27 September 2022

General counsel at Abu Dhabi Investment Office (“ADIO”), Jamie Levy (pictured), has been named as the company’s Senior Advisor, effective September 2022.  The announcement was made by Levy via a LinkedIn post that read:”

 Dreny & Partners: Efg Hermes completes securitization transaction 
Banking & Finance Capital Markets Egypt

Dreny & Partners: Efg Hermes completes securitization transaction 

suzan.taha@lcpublishinggroup.it 27 September 2022

Efg Hermes Corp Solutions has successful completed the second securitization transaction amounting to EGP 2 billion, from a multi-issuances program amounting to EGP 3 billion.  The issuance was comprised of three tranches, where the first tranche is

 Safeen Feeders & Invictus Investment launch new dry bulk services
Deal & transactions Transport United Arab Emirates

Safeen Feeders & Invictus Investment launch new dry bulk services

suzan.taha@lcpublishinggroup.it 27 September 2022

 AD Ports Group’s Safeen Feeders has signed a strategic agreement with Invictus Investment to launch a new international dry bulk shipping service.  Under the terms of the agreement, the two companies will purchase ships

 Al Tamimi & Co advises ECC on the acquisition into Source Beauty 
Deal & transactions Egypt Fashion, Luxury & Design

Al Tamimi & Co advises ECC on the acquisition into

suzan.taha@lcpublishinggroup.it 26 September 2022

Egyptian Company for Cosmetics (“ECC”), an Egypt-based specialised contract manufacturer for the cosmetics and personal care industries, has acquired a majority stake in beauty products marketplace Source Beauty, for an undisclosed amount. 

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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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