Tags : Clifford Chance

Banking & Finance Banking & Finance United Arab Emirates

Emirates NBD issues AED 1 Bil notes in AED denominated

International law firm Clifford Chance has advised Emirates NBD on its issuance of AED 1 billion 5.125 per cent. notes due January 2026. In completing the transaction, Emirates NBD has become the first UAE financial institution to support the Federal Government’s UAE dirham Treasury Bonds Programme, through the issuance of AED-denominated notes priced relative to […]

Banking & Finance Transport United Arab Emirates

Hassana to invest USD2.4b in DP World’s flagship UAE assets

International law firm Clifford Chance has advised DP World, a global infrastructure-led supply chain solutions provider, on the USD2.4 billion investment in three of its flagship UAE assets by Saudi Arabia-based Hassana Investment Company, the investment manager for the General Organisation for Social Insurance.  Hassana will invest USD2.4 billion in a new joint venture with […]

Food & Beverage IPOs Saudi Arabia United Arab Emirates

Americana Restaurants USD1.8bn dual listing on ADX and Tadawul

Americana Restaurants has successfully completed its landmark initial public offering (IPO) and first ever dual listing on the Abu Dhabi Securities Exchange (“ADX”) and the Saudi Stock Exchange (“Tadawul”).  The institutional investor tranche, which was marketed domestically and internationally, drew orders worth USD105 billion and was 65.5 times oversubscribed, while subscriptions from individuals in the […]

Education IPOs United Arab Emirates

White & Case advises on Taaleem’s AED750 million IPO

Taaleem Holdings, the K-12 premium education providers in the UAE with a portfolio consisting of 26 schools, has successfully completed the book building and public subscription process for its Initial Public Offering (“IPO”) on the Dubai Financial Market (“DFM”).  The Offering size is confirmed at AED750 million (USD204.2 million), resulting in the issuance of a total […]

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, […]

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 […]

Education IPOs United Arab Emirates

Taaleem raises AED750 million in IPO with oversubscribed offering  

Taaleem Holdings, the K-12 premium education providers in the UAE with a portfolio consisting of 26 schools, has successfully completed the book building and public subscription process for its Initial Public Offering (“IPO”) on the Dubai Financial Market (“DFM”).  The Offering size is confirmed at AED750 million (USD204.2 million), resulting in the issuance of a total […]

Deal & transactions TMT United Arab Emirates

Clifford Chance advises MVP Tech Group on sale to Convergint 

MVP Tech Group, a UAE-based security, IT Infrastructure and software engineering company serving private enterprises and government clients, has successfully completed the sale of its business to Convergint, a US-based global in service-based systems integration company.  The acquisition will extend Convergint’s services to clients within the government, military, and private sectors across the Middle East as […]

Deal & transactions Real Estate, Construction & Infrastructure United Arab Emirates

Clifford Chance with Aldar Properties on a USD400m investment deal

Apollo Global Management (“Apollo”), through its managed investment vehicles, has acquired an 11.1% minority stake in Aldar Investment Properties, a subsidiary of Aldar Properties and the region’s most prominent institutional-class real estate platform.  The USD 400 million transaction involved the issuance of common equity and mandatory convertible preferred equity in relation to Aldar Investment Properties, which […]