Tags : Baker McKenzie

Deal & transactions Oil & Gas Other

Enagás and Fluxys acquires further into Trans Adriatic Pipeline 

Baker McKenzie Switzerland, in conjunction with legal representatives from London, Madrid, Rome and Riyadh offices of Baker McKenzie, provided counsel to Enagás and Fluxys for the purchase of additional shares in Trans Adriatic Pipeline (“TAP”).   Axpo, a former shareholder, agreed to sell its 5% holding to TAP shareholders Fluxys and Enagás. As per the […]

Banking & Finance Banking & Finance Egypt

Banque Misr establishes first REIT in Egypt. The advisors

Banque Misr established the first REIT in Egypt, Egyptian Real Estate Fund (I) (Fund), that aims at investing in income generating portfolio of commercial real estate such as shopping malls, office buildings, medical and educational centers within Greater Cairo.    Helmy Hamza & Partners, Baker McKenzie Cairo team has represented Banque Misr in the transaction. […]

Deal & transactions Egypt Energy & Trading

AMEA Power secures USD1.1B Wind and Solar Energy deal in Egypt 

Renewable energy company AMEA Power has achieved the financial close to deliver 1GW of renewable energy projects in Egypt. The landmark 500MW wind and 500MW solar projects, represent USD1.1 billion of investment into the Egyptian economy and takes the Company’s clean energy portfolio to 2GW in the country.  Located in the Aswan governorate of Egypt, […]

Banking & Finance Deal & transactions Other

Ahli United Bank acquires Citi’s Bahrain consumer banking business

Baker McKenzie has advised Bahrain-based Ahli United Bank (“AUB”) on its acquisition of Citi’s consumer banking business in Bahrain. The transaction, which signed earlier this year and received regulatory approval from the Central Bank of Bahrain, includes the retail banking, credit card and unsecured lending businesses of Citi throughout Bahrain. Citi’s consumer banking employees have […]

Deal & transactions Energy & Trading United Arab Emirates

Mubadala secures strategic stake in AirCarbon Exchange (ACX)

Abu Dhabi based sovereign wealth fund, Mubadala Investment Company (“Mubadala”) and AirCarbon Exchange (“ACX”), the global exchange changing the voluntary carbon market, have successfully completed a transaction under which Mubadala has acquired a strategic stake in ACX, supporting ACX’s establishment of the first fully regulated carbon trading exchange and carbon clearing house in the Abu Dhabi […]

IPOs Saudi Arabia Services

Marafiq completes SAR 3.36b IPO and listing on Saudi’s Tadawul 

The Power and Water Utility Company for Jubail and Yanbu’s (“Marafiq”) has become a publicly traded company on the Saudi Stock Exchange (“Tadawul”). Marafiq raised SAR 3.36 billion (USD 897 million) through its initial public offering (“IPO”), and now trades on the Saudi Exchange under the ticker 2083. With a market capitalization on listing of USD 3.1 […]

IPOs Oil & Gas Saudi Arabia

Arabian Drilling Company USD 712m IPO and USD 2.4b listing

Legal advisors, Abdulaziz Alajlan & Partners alongside Baker McKenzie, London, have acted for the underwriters on Arabian Drilling Company’s (“Arabian Drilling”) initial public offering at SAR 100 per share on the Saudi Stock Exchange (Tadawul) with an offer size of USD 712 million (SAR 2.6 billion).   The syndicate comprised HSBC Saudi Arabia, Goldman Sachs […]

Deal & transactions Egypt Transport

Baker McKenzie with NERIC in its new agreement for Cairo

Helmy Hamza & Partners, Baker McKenzie Cairo office, has advised the National Egyptian Railway Industries Company (“NERIC”) on its first offtake and supply agreement with Hyundai Rotem, the South Korean heavy industry company and the National Authority for Tunnels (“NAT”).  Under the terms of the agreement, the consortium of NERIC and Hyundai Rotem will manufacture […]