Tags : CMS

Banking & Finance Egypt Transport

EBRD and donors finance Egyptian electric transport provider AGM

Abou Ghaly Motors (“AGM”), specialists in the automotive industry in Egypt, has successfully secured a finance extension from The European Bank for Reconstruction and Development (“EBRD”) to finance AGM’s fleet of range-extended electric vehicle for its London Cab services.  A loan of EGP 187.4 million (around EUR 10 million) from the EBRD is being complemented […]

Deal & transactions Industrial United Arab Emirates

CMS advises Aldar investment on the launch of Aldar Logistics 

Aldar Investment, the investment business of Aldar Properties, has acquired a 70% equity interest in Abu Dhabi Business Hub, valued at more than AED 500 million.   The acquisition sees the creation of Aldar Logistics, Aldar’s new logistics real estate vertical, which will focus primarily on the UAE, with the potential to expand into Saudi Arabia and […]