Tags : Clyde & Co

Deal & transactions Oil & Gas Saudi Arabia United Arab Emirates

TAQA acquires Al Mansoori Petroleum Services. The advisors 

Industrialization and Energy Services Company (“TAQA”) and the shareholders of Al Mansoori Petroleum Services LLC (“AMPS”) have announced today that they have entered into a definitive agreement for TAQA to acquire 100% of AMPS, expanding TAQA’s Well Services business from Saudi Arabia to the wider Middle East and North Africa (“MENA”) region.   The transaction […]

Oil & Gas Private Clients United Arab Emirates

Clyde & Co represents ABNIC in oil tanker disappearance claim

Global law firm Clyde & Co has successfully represented Al Buhaira National Insurance Company (“ABNIC”) in a marine insurance case in the Dubai International Financial Centre (“DIFC”) Courts. The Clyde & Co team was led by David Leckie (head of Clyde & Co’s Energy and Marine practice for the Middle East and Africa, pictured left) […]

Deal & transactions Fashion, Luxury & Design United Arab Emirates

Noon to acquire Emaar’s fashion venture Namshi for AED 1.23B

Emaar Malls Management (“Emaar Malls”) has entered into a definitive share purchase agreement with Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and Saudi Arabian sovereign fund the Public Investment Fund (“PIF”), to sell 100% of its stake in online fashion retailer Namshi Holding Limited (“Namshi”) for an agreed amount of AED 1.23 billion (USD335.2 […]

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

Clyde & Co advised Babilou Group on the acquisition of

Babilou Family, innovative early education networks, has acquired Bright Kids Nursery (BKN), counting six centers across Abu Dhabi and Al Ain. Since its UAE launch in 2009, Babilou Family has rapidly grown as a premium childcare provider within the country and will offer 2,800 seats across 23 nurseries by the end of 2021. The Group’s […]