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 Mubadala Petroleum unveils its new brand name
Energy & Trading News United Arab Emirates

Mubadala Petroleum unveils its new brand name

suzan.taha@lcpublishinggroup.it 6 September 2022

Abu Dhabi-headquartered international energy company, Mubadala Petroleum, has unveiled its new brand name – Mubadala Energy.  The new brand reflects a fresh strategic direction that will see Mubadala Energy build on its contribution to the energy

 Riad & Riad advises on Egypt’s first Light Railway Transit
Deal & transactions Egypt Transport

Riad & Riad advises on Egypt’s first Light Railway Transit

suzan.taha@lcpublishinggroup.it 6 September 2022

Riad & Riad advises the consortium of China Railway Engineering Corporation (“CREC”) and AVIC International Holding Corporation (“AVIC INTL”) as the EPC contractor of the 10th of Ramadan Light Rail Transit (LRT).  Measuring 67 kilometers in

 Shalakany defends Board of an Egyptian automotive manufacturer 
Egypt Private Clients Transport

Shalakany defends Board of an Egyptian automotive manufacturer 

suzan.taha@lcpublishinggroup.it 6 September 2022

Shalakany has successfully defended its clients, the chairperson and foreign corporate board members of an Egyptian automotive manufacturing company (a subsidiary of a multinational corporation), in relation to a compensation claim brought forward by minority

 Adsero advises Valu on its acquisition of Paynas
Banking & Finance Deal & transactions Egypt

Adsero advises Valu on its acquisition of Paynas

suzan.taha@lcpublishinggroup.it 6 September 2022

Valu, a buy-now-pay-later (“BNPL”) lifestyle enabling fintech platform and a subsidiary of EFG Hermes Holding, has successfully acquired Paynas, a FinTech and digital HR platform.  The transaction falls in line with Valu’s

 Telecom Egypt and Orange Egypt sign a national roaming deal
Deal & transactions Egypt TMT

Telecom Egypt and Orange Egypt sign a national roaming deal

suzan.taha@lcpublishinggroup.it 6 September 2022

Adsero – Ragy Soliman & Partners assisted Telecom Egypt in signing the commercial agreement with Orange Egypt for national roaming services.  The latest deal comes in light of Orange Egypt landing the tender for national roaming

 GSK Group completes demerger of Haleon Group. The advisors 
Deal & transactions Egypt Healthcare, Pharma & Life Sciences

GSK Group completes demerger of Haleon Group. The advisors 

suzan.taha@lcpublishinggroup.it 6 September 2022

Global healthcare company GlaxoSmithKline Services Unlimited (“GSK Group”) has completed the demerger of its consumer healthcare business to form global consumer healthcare company Haleon Group. The transaction was valued at GBP 55 million (approximately USD 63.8 million).

 Omar Iqbal joins Baker Botts private equity and m&a practice  
Appointments Saudi Arabia United Arab Emirates

Omar Iqbal joins Baker Botts private equity and m&a practice  

suzan.taha@lcpublishinggroup.it 5 September 2022

Omar Iqbal (pictured) joins the partnership of International law firm Baker Botts. Iqbal joined the firm’s Riyadh office, where it operates in association with the Law Office of Mohanned bin Saud Al-Rasheed.  Iqbal’s

 Noon to acquire Emaar’s fashion venture Namshi for AED 1.23B
Deal & transactions Fashion, Luxury & Design United Arab Emirates

Noon to acquire Emaar’s fashion venture Namshi for AED 1.23B

suzan.taha@lcpublishinggroup.it 5 September 2022

Emaar Malls Management (“Emaar Malls”) has entered into a definitive share purchase agreement with Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and Saudi Arabian sovereign fund the Public Investment Fund (“PIF”),&

 MAZ Group and Rheinmetall Air Defense create Rad Arabia Co.
Deal & transactions Industrial Saudi Arabia

MAZ Group and Rheinmetall Air Defense create Rad Arabia Co.

suzan.taha@lcpublishinggroup.it 5 September 2022

The Law Office of Looaye M. Al-Akkas in association with Vinson & Elkins has represented Saudi-based MAZ Group in its Joint Venture with Swiss-based Rheinmetall Defense to create Rad Arabia Co., a manufacturing and development

 Norton Rose Fulbright advises IHC on a AED1.8B acquisition deal
Deal & transactions Energy & Trading United Arab Emirates

Norton Rose Fulbright advises IHC on a AED1.8B acquisition deal

suzan.taha@lcpublishinggroup.it 5 September 2022

Global law firm Norton Rose Fulbright has advised International Holding Company (IHC) in connection with its AED 1.8 billion (approximately USD 490 million) acquisition of a 50% stake in Kalyon Enerji, through its subsidiary International Energy Holding. &

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legalcommunitymena.com

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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.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

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