Dentons has advised Al Rajhi Bank on a SAR 1.9 billion murabaha facility agreement with Jabal Omar Development Company, one of the largest real estate developers in the region and a major listed company on the
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Hafez & Partners Secures Victory in AD-HOC Arbitration Case
Hafez & Partners‘ Disputes Team has secured a major win for their client in an ad-hoc arbitration proceeding held at CRCICA. The firm represented the respondent in this case and successfully persuaded the arbitral tribunal
Banking & Finance
Deal & transactions
Qatar
United Arab Emirates
Qatar International Islamic Bank’s Debut in Sustainable Sukuk Issuance
Dentons, has advised Qatar International Islamic Bank on its debut sustainable sukuk issuance. The US$500 million sustainable certificates, due in 2029, were issued by QIIB Senior Oryx Ltd, a special-purpose vehicle issuer incorporated in the Cayman
Fawry FMCG, a leading provider of financial technology solutions for the consumer goods sector, has announced a strategic partnership with Edita Food Industries, one of the largest food manufacturers in Egypt, to offer innovative
International law firm Taylor Wessing has appointed Samy Elsheikh (pictured) as a senior associate, bringing over a decade of experience in venture capital and technology with a focus on the MENA region. Elsheikh specializes in
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
Arabia Investments Holding Completes Debt-to-Equity Swap
Barakat, Maher & Partners, in association with Clyde & Co, has provided legal counsel to Arabia Investments Holding, a publicly listed company on the Egyptian Exchange, regarding the sale of 98% of Arabian International Contracting through
International law firm Clifford Chance has acted as legal counsel to Kuwait Finance House (“KFH”) on its inaugural issuance of US$1 billion senior unsecured trust certificates (“Sukuk”). These Sukuk, facilitated by KFH Sukuk Company as
International law firm CMS has successfully advised the Oman Investment Authority (OIA) on Saudi Tadawul Group’s (STG) acquisition of a 32.6% stake in DME Holdings Limited, the parent company of Dubai Mercantile Exchange (DME). This
OQ, Oman’s state-backed energy investment company, with General Counsel Abdulwahhab Al Hinai (pictured) at its legal helm, has made a significant investment of over $2 billion in three key projects in the Musandam governorate. These
Banking & Finance
Deal & transactions
United Arab Emirates
ADGM and Mastercard Propel UAE’s SME Growth
Abu Dhabi Global Market (ADGM), under the legal guidance of its Chief Legal Officer and Board Secretary, Eyad Mahadeen (pictured), and Mastercard have partnered to empower the UAE’s small and medium-sized enterprises (SMEs) by
