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 Tecom Group raises AED1.7bn in its IPO on Dubai Financial Market 
IPOs Real Estate, Construction & Infrastructure United Arab Emirates

Tecom Group raises AED1.7bn in its IPO on Dubai Financial

suzan.taha@lcpublishinggroup.it 27 June 2022

Tecom Group, a strategic business enabler and a part of Dubai Holding, raised AED1.7 billion (USD463.2 million) from its initial public offering on the Dubai Financial Market. Subject to market conditions and the obtaining of

Appointments Uncategorized United Arab Emirates

Naji Hawayek named Head of Corporate, Middle East at Clyde &

suzan.taha@lcpublishinggroup.it 27 June 2022

Clyde & Co has appointed UAE based partner Naji Hawayek (pictured) to head its corporate and M&A practice in the Middle East.   The announcement came on a LinkedIn post shared by Hawayek saying:”

 Shearman & Sterling welcomes 12 new members to its partnership 
Appointments Uncategorized United Arab Emirates

Shearman & Sterling welcomes 12 new members to its partnership 

suzan.taha@lcpublishinggroup.it 27 June 2022

Shearman & Sterling has appointed 12 new partners to the firm, span across seven of its offices Abu Dhabi, Austin, Dallas, London, Menlo Park, New York and Washington, D.C. Effective July 1, 2022.  The new partners

 Linklaters: nogaholding refinance & upsize its USD1.6bn Murabaha Facility
Banking & Finance Oil & Gas Other

Linklaters: nogaholding refinance & upsize its USD1.6bn Murabaha Facility

suzan.taha@lcpublishinggroup.it 27 June 2022

The Oil and Gas Holding Company (nogaholding), has successfully closed refinancing and upsizing of its USD1.6bn Murabaha Facility to USD2.2bn. The new facility was structured as a dual-tranche (conventional and Islamic) loan employing

 Meysan Partners: Jadwa Investment acquires into Dabdoob Holdings 
Banking & Finance Deal & transactions Other

Meysan Partners: Jadwa Investment acquires into Dabdoob Holdings 

suzan.taha@lcpublishinggroup.it 24 June 2022

Jadwa Investment (“Jadwa”), an investment management and advisory firm in the Middle East with SAR 66.4 billion in client assets under management and advisement., enters into its first regional venture capital investment through Jadwa E-Commerce Opportunities

 ASAR with Sama Educational Co in its acquisition of Kuwait English School 
Deal & transactions Other Uncategorized

ASAR with Sama Educational Co in its acquisition of Kuwait

suzan.taha@lcpublishinggroup.it 24 June 2022

Sama Educational Company, the education management company based out of Kuwait, has completed the acquisition of Kuwait English School (KES).  Established in 1978, the Kuwait English School caters for students aged 3-19 including children with special

 Shalakany successful settlement of a FinTech Investment Dispute 
Egypt News TMT

Shalakany successful settlement of a FinTech Investment Dispute 

suzan.taha@lcpublishinggroup.it 23 June 2022

Shalakany has successfully negotiated and closed off a settlement deal, on behalf of its Kazakhstani foreign investor client, with the opposing party in relation to the client’s investment in the Egyptian FinTech sector.&

 Egypt’s Benya enters into a cooperation agreement With Saudi’s Alfanar 
Deal & transactions Egypt Saudi Arabia TMT

Egypt’s Benya enters into a cooperation agreement With Saudi’s Alfanar 

suzan.taha@lcpublishinggroup.it 23 June 2022

Benya Group, the digital solutions and ICT infrastructure provider in Egypt and MEA region signed a cooperation agreement with alfanar company, specialists in the electrical and construction industries in the Middle East and

 Baker McKenzie: EFG Hermes and valU in two transactions in KSA and Egypt 
Banking & Finance Deal & transactions Egypt Saudi Arabia

Baker McKenzie: EFG Hermes and valU in two transactions in

suzan.taha@lcpublishinggroup.it 23 June 2022

Baker McKenzie has advised EFG Hermes and its buy-now-pay-later (BNPL) fintech platform, valU for consumer finance (valU), on two planned strategic ttransactions.  The first of which is the acquisition by valU of a stake

 Abu Dhabi’s IHC and Alpha Dhabi to invest USD50m in SpaceX  
Banking & Finance Transport United Arab Emirates

Abu Dhabi’s IHC and Alpha Dhabi to invest USD50m in

suzan.taha@lcpublishinggroup.it 23 June 2022

Abu Dhabi-listed companies International Holding Company (IHC) and its subsidiary Alpha Dhabi will invest a combined amount of USD50 million in Space Exploration Technologies Corporation (SpaceX).  IHC, which already has a stake

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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.).

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

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