Trowers & Hamlins, an international law firm, strengthens its Middle East real estate division with Partner Eileen Duncan’s relocation to the UAE. As the new Head of Real Estate, Middle East, Duncan, previously based
Banking & Finance
Transport
United Arab Emirates
Dubai Aerospace Enterprise Secures US$420 Million Loan
Dubai Aerospace Enterprise Ltd (DAE) has inked a significant deal, signing a US$420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This loan is
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO: Tamatem Games Touches Down in Abu Dhabi
Abu Dhabi Investment Office (ADIO) is spearheading the advancement of Abu Dhabi’s gaming ecosystem by supporting Tamatem Games, a prominent Arabic mobile games publisher, in relocating its headquarters to the emirate. This strategic move
Banking & Finance
United Arab Emirates
Sharjah Islamic Bank Pioneers $100M Islamic Facility with TWF
Sharjah Islamic Bank (SIB) has entered into a groundbreaking agreement with the Turkiye Wealth Fund (TWF), marking a significant milestone in Islamic finance. The agreement involves the provision of a Shariah-compliant Murabaha facility worth $100 million
Banking & Finance
Deal & transactions
Oil & Gas
United Arab Emirates
Emarat Teams Up with Al Maryah for Station Naming Rights
Emirates General Petroleum Corporation (Emarat) has entered into a strategic partnership with Al Maryah Community Bank, granting them the prestigious opportunity to secure the first-ever naming rights for its fuel stations. Al
Deal & transactions
Industrial
United Arab Emirates
EGA to Acquire Recycled Aluminium Producer, Leichtmetall
Emirates Global Aluminium (EGA), a global aluminium producer, has announced the signing of a binding agreement to acquire Leichtmetall Aluminium Giesserei Hannover (Leichtmetall), a German aluminium recycling company. Leichtmetall is a European specialty foundry
Banking & Finance
Energy & Trading
Other
Asafo & Co. Advises Adenia on Air Liquide Subsidiaries Purchase
In a strategic move to bolster its presence in Africa, Adenia Partners (Adenia), a prominent private equity firm focusing on sustainable investments, has finalised an agreement with Air Liquide, a supplier of industrial and medical
Global law firm HFW has announced the promotion of seven new Partners and five new Legal Directors, effective April 1, 2024. These promotions mark HFW’s ongoing growth across its international network and key sectors, spanning the
Capital Markets
Egypt
Healthcare, Pharma & Life Sciences
MBH Advises Admaius on Parkville Stake Acquisition
Matouk Bassiouny & Hennawy (MBH) served as legal counsel to Admaius Capital Partners (Admaius), a prominent African-focused private equity fund, in its acquisition of a significant minority stake in Parkville Holding B.V. (Parkville) and
Shuaa Capital has launched a consent solicitation to amend the terms of USD 150 million in outstanding bonds, due on March 31, 2024. Over 25% of noteholders have already expressed support for the proposal. This initiative aligns with Shuaa’
