Foreign Direct Investment (FDI) in Egypt has been a key driver of economic growth and development in the country. In recent years, Egypt has implemented a number of reforms to improve its investment climate and attract more FDI. These efforts have paid off, as FDI inflows to Egypt have increased significantly in recent years. One […]
Tags : cn1
Banking & Finance
Saudi Arabia
Services
Baker McKenzie on Saudi Electricity Company SAR10B financing
Baker McKenzie has acted as legal counsel for the facility agent and lenders involved in a syndicated financing deal for Saudi Electricity Company (SEC), represented by Allen & Overy. The financing, worth Saudi Riyal 10 billion, utilized a Shari’ah-compliant commodity murabaha structure and was provided by a club of nine Saudi and regional banks. […]
Deal & transactions
Egypt
Energy & Trading
Norton Rose and Al Kamel Law on the acquisition of Lekela
Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal The Advisors Norton Rose Fulbright, Al Kamel Law, Cantor Fitzgerald, Absa CIB, Ernst & Young and AFRY advised Infinity Power on the transaction. Absa CIB and MCB acted as the Mandated Lead Arrangers on the acquisition financing facilities. Infinity Power, a […]
Banking & Finance
Banking & Finance
Saudi Arabia
Goldman Sachs and Tamara seal deal for BNPL Saudi expansion
Global law firm White & Case has provided legal counsel to Goldman Sachs International on a warehouse securitisation worth up to USD150 million. The transaction involved buy now, pay later (BNPL) receivables originating from Nakhla for Information Technology Systems (Tamara) in Saudi Arabia. The latest round brings Tamara’s total funding in equity and debt up […]
In honor of International Women’s Day, we had the privilege to speak with Riham Naim (pictured), Head of Legal Gulf at Novartis, who is a strong advocate for diversity and inclusion in the legal profession. We discussed the challenges that women in the legal profession have faced historically, progress made towards gender equality, and the role […]
Addleshaw Goddard (AG), the multinational law firm, has announced that it is seeking regulatory approval to open a new office in Riyadh, the capital city of Saudi Arabia. AG has seen significant growth in its Middle East practice in recent years, and expanding to KSA is a key part of its plans for the future. […]
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) have reached an agreement to establish a 50:50 Joint Venture (JV) in Saudi Arabia, operating under the name AS&H Clifford Chance. The move comes with full support from the Clifford Chance global partnership, as the company has had a presence in Saudi Arabia for many years […]
Global law firm Clyde & Co continues rapid expansion in Saudi Arabia with the appointment of new corporate partner in its Middle East and Africa (MEA) region, Mohammed Almarzouki (pictured). Based in the firm’s Riyadh office, Almarzouki is joining Clyde & Co’s Global Corporate & Advisory practice. Almarzouki is a distinguished corporate partner who provides guidance […]
Banking & Finance
Deal & transactions
United Arab Emirates
ADGM and Zand Bank partner to support Abu Dhabi’s Tech
With its in-house legal team led by Eyad Mahadeen (pictured), chief legal officer and board secretary at ADGM, Abu Dhabi Global Market (ADGM) have joined forces with the UAE’s first all-digital bank licensed by the UAE Central Bank, Zand Bank, to support technology-based small and medium enterprises (SMEs) in Abu Dhabi. As per the Memorandum of […]
Sue Ellen Hassouna (pictured) has recently appointed by Lafarge Cement as its Chief Legal Officer. Hassouna brings with her more than 15 years of experience in the legal profession in Egypt. Prior to her appointment, she held several key positions at prominent companies in the country, including Executive Legal Director of Heineken Egypt, Country Legal […]
