Babilou Family, innovative early education networks, has acquired Bright Kids Nursery (BKN), counting six centers across Abu Dhabi and Al Ain. Since its UAE launch in 2009, Babilou Family has rapidly grown as a premium childcare
New You Medical Center, a day surgery medical and beauty center in Saudi Arabia focused on bariatric procedures, has completed the sale of a majority equity stake of 51% to Nomu-listed Arabian International Healthcare Holding Co. (“
Global hospitality group Accor enters into a strategic partnership, through its loyalty program ALL-Accor Live Limitless, with Abu Dhabi Commercial Bank (ADCB) to launch ALL-ADCB Infinite and Signature Credit Cards for consumers in the UAE.
The shareholders of two of UAE Islamic insurance companies, Dubai-based Dar Al Takaful (DAT) and Abu Dhabi-based Watania, voted in favor of a merger that will result in the creation of the UAE’s largest
March 1, 2022, SHUAA Partners Acquisition Corp I (“The Company”) priced its initial public offering of 10,000,000 units, at a price of USD 10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of
International law firm Habib Al Mulla & Partners, a member firm of Baker & McKenzie International, has advised Ghassan Aboud Group, a UAE based multi-business conglomerate, on a partnership agreement with AD Ports Group, the
Akin Gump has advised Capital Investments (DIFC) and Capital Investments and Brokerage Company / Jordan as the sole structuring agent and manager, respectively, in respect of Capital Bank of Jordan’s inaugural $100 million Reg S perpetual
TruKKer, a Saudi-headquartered digital freight network, has successfully completed its Series B equity and debt funding round. The investors in the fundraising included ADQ, Abu Dhabi Developmental Holding Company and Riyadh-based venture capital fund STV,
Abu Dhabi Islamic Bank (ADIB), a Shariah compliant financial institution, has provided structured Islamic financing of GBP 20 million to Urbium Capital Partners (UCP) for their acquisition of a Sainsbury’s store in Edinburgh, Scotland. The
Global law firm White & Case LLP has advised the Abu Dhabi-based Sweihan PV Power Company (SPPC) on the issuance of its US$700.8 million 3.625% senior secured amortizing green project bonds due 2049. The bonds are governed
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