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 B Investments Acquires Majority Stake in Orascom Financial
Banking & Finance Capital Markets Egypt IPOs

B Investments Acquires Majority Stake in Orascom Financial

amr.reda@lcpublishinggroup.com 25 April 2024

B Investments announced the successful completion of its mandatory tender offer (MTO) to acquire approximately 70% of Orascom Financial Holding (OFH). This transaction is the first MTO to be executed in the Egyptian market through a

 Law Firm Leads the Way with Inaugural ESG Report
News Private Clients Saudi Arabia Services United Arab Emirates

Law Firm Leads the Way with Inaugural ESG Report

amr.reda@lcpublishinggroup.com 25 April 2024

Al Tamimi & Company has released its first-ever Environmental, Social, and Governance (ESG) Report. The report details the firm’s sustainability initiatives that were carried out during 2023. The report highlights the outcomes of the company’

 Meet Freshfields’ Newly Appointed MENA Counsels 
Appointments Saudi Arabia United Arab Emirates

Meet Freshfields’ Newly Appointed MENA Counsels 

suzan.taha@lcpublishinggroup.it 24 April 2024

Freshfields Bruckhaus Deringer (‘Freshfields’) has unveiled the promotion of 40 new counsel, effective from 1 May 2024.  Spanning various regions and practice groups, the newly appointed counsels embody Freshfields’ dedication to fostering a diverse and skilled workforce. Their

 CMS Facilitates EBRD and Meridiam’s Strategic Investment 
Banking & Finance Egypt Energy & Trading

CMS Facilitates EBRD and Meridiam’s Strategic Investment 

suzan.taha@lcpublishinggroup.it 24 April 2024

International law firm, CMS has provided legal counsel to the European Bank for Reconstruction and Development (EBRD) and Meridiam on their equity investment, alongside Hassan Allam Utilities, in HAU Energy BV. This newly established platform

 Historic Cross-Country Railway Project Connects UAE and Oman
Deal & transactions Transport United Arab Emirates

Historic Cross-Country Railway Project Connects UAE and Oman

amr.reda@lcpublishinggroup.com 24 April 2024

In a landmark development, Siemens Mobility and Hassan Allam Construction have been awarded the contract to design and build the railway systems and integration for the Abu Dhabi – Sohar railway link. This project marks the

 AD Ports Group Secures 20-Year Concession In Angola
Capital Markets Deal & transactions Transport

AD Ports Group Secures 20-Year Concession In Angola

amr.reda@lcpublishinggroup.com 24 April 2024

 AD Ports Group, a global leader in trade facilitation, logistics, and industry, has recently signed a 20-year concession agreement with Unicargas and Multiparques to operate and enhance the Luanda Multipurpose Port Terminal. This landmark agreement,

 ADQ and OIA Launch US$180 Million Tech Fund
Banking & Finance Capital Markets Industrial United Arab Emirates

ADQ and OIA Launch US$180 Million Tech Fund

amr.reda@lcpublishinggroup.com 23 April 2024

ADQ, a leading Abu Dhabi investment and holding company, announced the launch of the Jasoor Fund, a US$180 million technology-focused fund, in partnership with the Oman Investment Authority (OIA) represented by ITHCA Group. The Jasoor

 Clyde & Co Bolsters MEA Employment Group with Appointments
Appointments Moves United Arab Emirates

Clyde & Co Bolsters MEA Employment Group with Appointments

amr.reda@lcpublishinggroup.com 23 April 2024

Clyde & Co, has announced the expansion of its Middle East and Africa (MEA) employment group with the appointment of partner Ben Brown and senior associate David True. Both join from Addleshaw Goddard and will

 Baker McKenzie Guides Allianz in Sale of Saudi Fransi Stake 
Capital Markets Insurance Saudi Arabia

Baker McKenzie Guides Allianz in Sale of Saudi Fransi Stake 

suzan.taha@lcpublishinggroup.it 23 April 2024

Global law firm, Baker McKenzie has advised Allianz Group, a renowned global insurer and asset manager, on the divestment of its 51% shareholding in Allianz Saudi Fransi Cooperative Insurance Co (Allianz Saudi Fransi) to Abu Dhabi

 BVC and Citadel Partner to Launch $30M MENA Project
Banking & Finance Egypt United Arab Emirates

BVC and Citadel Partner to Launch $30M MENA Project

amr.reda@lcpublishinggroup.com 23 April 2024

Beltone Holding (“Beltone”), a leading financial institution, announced that its venture capital arm, Beltone Venture Capital (“BVC”), has entered into a partnership agreement with CI Venture Capital, a subsidiary of prominent UAE-based investment management firm

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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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