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    Date: 18 November 2024

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 CMS relocates Conlon to Abu Dhabi office
Background Moves

CMS relocates Conlon to Abu Dhabi office

benedetta.miarelli@lcpublishinggroup.com 16 May 2024

CMS relocated partner Graham Conlon (pictured) to its newly established office in the ADGM, thereby bolstering its offering in Abu Dhabi. Conlon’s focus Being a prominent international M&A partner and advising on

 Dentons with Arsenale’s venture with SAR
Deal & transactions

Dentons with Arsenale’s venture with SAR

benedetta.miarelli@lcpublishinggroup.com 15 May 2024

Dentons advised Arsenale, an Italian company specialising in the development and operation of luxury hospitality facilities, on their partnership with Saudi Arabian Railways (SAR) to introduce the “Dream of the Desert” luxury train cruise in

 Clyde & Co on Cenomi’ SAR 219 million franchise right sale
Deal & transactions

Clyde & Co on Cenomi’ SAR 219 million franchise right

benedetta.miarelli@lcpublishinggroup.com 15 May 2024

Clyde & Co advised Cenomi Retail, a Saudi listed company and retail brand partner, on the SAR 219 million sale of its franchise rights (and related assets) for five brands (Aldo, Aldo Accessories, La Vie En

 Baker McKenzie with OFC for a 24.5% stake in ICDBP
Deal & transactions

Baker McKenzie with OFC for a 24.5% stake in ICDBP

benedetta.miarelli@lcpublishinggroup.com 15 May 2024

Baker McKenzie advised the Olayan Financing Company (“OFC”), on the acquisition of a 24.5 percent stake in ICD Brookfield Place (ICDBP), the region’s premier lifestyle and business location within the Dubai International Financial Centre (DIFC).

 Dentons on KIB’s capital issuance
Banking & Finance

Dentons on KIB’s capital issuance

benedetta.miarelli@lcpublishinggroup.com 14 May 2024

Dentons advised Kuwait International Bank on its US§300 million Tier 1 capital sukuk issuance, with local international banks acting as joint lead managers and bookrunners for the transaction. The Tier 1 capital sukuk was issued by KIB

 Simmons on first operational fund platform in DIFC
Banking & Finance

Simmons on first operational fund platform in DIFC

benedetta.miarelli@lcpublishinggroup.com 14 May 2024

Simmons & Simmons advised Aditum Investment Management, a DFSA regulated asset management firm, on the launch of the first operational fund platform based in the Dubai International Financial Centre (DIFC). Its launching follows recent reforms

 ASAR on Burgan Bank’s Perpetual AT1 Capital Bonds Issuance
Capital Markets

ASAR on Burgan Bank’s Perpetual AT1 Capital Bonds Issuance

benedetta.miarelli@lcpublishinggroup.com 14 May 2024

ASAR acted as Kuwait law counsel to each of KAMCO Invest (as sole issuance coordinator, joint lead manager and placement agent) and Gulf Bank (as joint lead manager and placement agent) regarding the

 Adrianus Schoorl: new DLA Piper’s legal director
Moves

Adrianus Schoorl: new DLA Piper’s legal director

benedetta.miarelli@lcpublishinggroup.com 14 May 2024

DLA Piper appoints Adrianus Schoorl (pictured) as new legal director as it strengthens its financial services practice in the Middle East. According to his LinkedIn profile, he previously held this role between march 2010 and february 2013.

 Adsero advises Matco NV on Synthomer’s acquisition
Deal & transactions

Adsero advises Matco NV on Synthomer’s acquisition

benedetta.miarelli@lcpublishinggroup.com 13 May 2024

Adsero advised Matco NV, a belgian adhesives business, on the acquisition of Synthomer’s latex compounds operations. Managing partner Ragy Soliman (pictured) together with managing associate Laila Shoukry led the team. The advisors Osborne Clarke

 MBH on Valstar and Kemiphadrm stake sale
Deal & transactions

MBH on Valstar and Kemiphadrm stake sale

benedetta.miarelli@lcpublishinggroup.com 13 May 2024

Matouk Bassiouny & Hennawy (MBH) advised Valstar Investment on the sale of the entire stake in Luxembourg-based Valstar (“Valstar”), as well as in Kemipharm (“Kemipharm”) a manufacturer of tablets and capsules based in Morocco, to

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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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