Global law firm Herbert Smith Freehills has appointed Matt FitzGerald (pictured) as the firm’s new Joint Managing Partner for its Global Corporate Practice and the Australia Regional Head of Practice, effective from 1 May 2024. Matt
Clyde & Co, the global law firm with a significant presence in the Middle East, has secured the approval of its Regional Headquarters (RHQ) license from The Ministry of Investment of Saudi Arabia (MISA). This
Capital Markets
Deal & transactions
Other
Restructurings
Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance
Al-Hossam Legal, played a pivotal role in Kuwait Projects Company’s (KIPCO) strategic move to divest its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transaction, valued at an impressive US$860 million, witnessed
Background
News
Saudi Arabia
Updates
Former Dentons Saudi head initiates legal action against company
Amgad Husein, the former managing partner of Dentons’ Saudi office, has taken legal action by filing a breach of contract claim against the firm in London. This move comes seven years after his departure from
Capital Markets
Transport
United Arab Emirates
Maqta Gateway Acquires 60% Equity Stake in Dubai Technologies
Under the strategic guidance of Emil Pellicer, General Counsel of AD Ports Group (pictured), Maqta Gateway, the digital arm of AD Ports Group facilitating cutting-edge trade digitalization solutions, has successfully acquired 60 percent equity stake in
Deal & transactions
Energy & Trading
Saudi Arabia
AS&H Clifford Chance with Nesma & Partners in Kent Acquisition
AS&H Clifford Chance provided legal counsel to Nesma & Partners, a leading Saudi Arabian contracting firm, on the completion of its acquisition of Kent, a prominent global energy services firm. With over four
Banking & Finance
Capital Markets
Other
Latham & Watkins with Ardshinbank in HSBC Armenia’s Acquisition
Latham & Watkins has provided legal counsel to Ardshinbank, a prominent Armenian banking group, in its agreement with HSBC Europe B.V., a subsidiary of HSBC Holdings plc, for the acquisition of HSBC Armenia, a
Banking & Finance
Energy & Trading
Other
Trowers on the Financing for TNB’s Kuwait Power Plant Project
Trowers & Hamlins (‘Trowers’), an international law firm, has served as lead counsel in facilitating a successful financing totalling up to KWD 134.51 million provided by Al Ahli Bank of Kuwait to TNB Repair and Maintenance
Freshfields Bruckhaus Deringer (‘Freshfields’), a global law firm, has appointed Gil Perez as its Global Chief Innovation Officer, effective April. Perez, based in Silicon Valley, will spearhead the firm’s ongoing innovation strategy worldwide. His
Allen & Overy (A&O) and Gedik & Eraksoy collaborated on the financing of a 140km high-speed, low-carbon electric railway connecting Yerköy and Kayseri in the Ankara region of the Republic of Tü
