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    Number: N.4

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 Sharjah Islamic Bank Pioneers $100M Islamic Facility with TWF 
Banking & Finance United Arab Emirates

Sharjah Islamic Bank Pioneers $100M Islamic Facility with TWF 

suzan.taha@lcpublishinggroup.it 21 March 2024

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

 Emarat Teams Up with Al Maryah for Station Naming Rights 
Banking & Finance Deal & transactions Oil & Gas United Arab Emirates

Emarat Teams Up with Al Maryah for Station Naming Rights 

suzan.taha@lcpublishinggroup.it 21 March 2024

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

 EGA to Acquire Recycled Aluminium Producer, Leichtmetall 
Deal & transactions Industrial United Arab Emirates

EGA to Acquire Recycled Aluminium Producer, Leichtmetall 

suzan.taha@lcpublishinggroup.it 21 March 2024

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

 Asafo & Co. Advises Adenia on Air Liquide Subsidiaries Purchase 
Banking & Finance Energy & Trading Other

Asafo & Co. Advises Adenia on Air Liquide Subsidiaries Purchase 

suzan.taha@lcpublishinggroup.it 21 March 2024

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

 Promotions at HFW: New Partners and Legal Directors 
Appointments United Arab Emirates

Promotions at HFW: New Partners and Legal Directors 

suzan.taha@lcpublishinggroup.it 21 March 2024

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

 MBH Advises Admaius on Parkville Stake Acquisition 
Capital Markets Egypt Healthcare, Pharma & Life Sciences

MBH Advises Admaius on Parkville Stake Acquisition 

suzan.taha@lcpublishinggroup.it 21 March 2024

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 Seeks Bond Term Amendments
Banking & Finance United Arab Emirates

Shuaa Capital Seeks Bond Term Amendments

suzan.taha@lcpublishinggroup.it 20 March 2024

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’

 Cyril Amarchand Mangaldas Establishes Presence in UAE’s ADGM 
News United Arab Emirates

Cyril Amarchand Mangaldas Establishes Presence in UAE’s ADGM 

suzan.taha@lcpublishinggroup.it 20 March 2024

Cyril Amarchand Mangaldas (CAM), a prominent law firm in India, has made a significant announcement regarding its expansion into the global arena with the establishment of its presence in Abu Dhabi, United Arab Emirates (UAE).

 NMC and Dubai Islamic Bank Reach Amicable Resolution
Banking & Finance Competition & Antitrust Healthcare, Pharma & Life Sciences United Arab Emirates

NMC and Dubai Islamic Bank Reach Amicable Resolution

suzan.taha@lcpublishinggroup.it 20 March 2024

NMC Healthcare group (“NMC”), a prominent private healthcare provider in the United Arab Emirates (“UAE”), and Dubai Islamic Bank (“DIB”), one of the largest Islamic banks in the UAE, have announced the successful resolution of

 Clifford Chance Advises ICD on $600M Sukuk Issues 
Banking & Finance United Arab Emirates

Clifford Chance Advises ICD on $600M Sukuk Issues 

suzan.taha@lcpublishinggroup.it 20 March 2024

Global law firm Clifford Chance has provided counsel to the joint lead managers on two sukuk issuances by the Islamic Corporation for the Development of the Private Sector (ICD) as part of its Trust Certificate

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legalcommunitymena.com

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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.).

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