Clyde & Co advised Cenomi Retail, a Saudi listed company and retail brand partner, on the SAR 219 million sale of its franchise rights (and related assets) for five brands (Aldo, Aldo Accessories, La Vie En
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Simmons & Simmons advised Aditum Investment Management, a DFSA regulated asset management firm, on the launch of the first operational fund platform based in the Dubai International Financial Centre (DIFC). Its launching follows recent reforms
Adsero advised Matco NV, a belgian adhesives business, on the acquisition of Synthomer’s latex compounds operations. Managing partner Ragy Soliman (pictured) together with managing associate Laila Shoukry led the team. The advisors Osborne Clarke
Freshfields Bruckhaus Deringer (Freshfields) has advised Panther Media Group (known as OSN) on its acquisition of a majority stake in Anghami. OSN Group acquired 55.45 per cent of Anghami, giving it a majority stake at a
Corporate
Deal & transactions
Egypt
Industrial
Villeroy & Boch’s in Partnership with Keramika Magenta
Matouk Bassiouny & Hennawy (MBH), has successfully advised Villeroy & Boch, a renowned German ceramics manufacturer, on their new partnership with Keramika Magenta. This collaboration marks Villeroy & Boch’s strategic move to start manufacturing
Appointments
Countries
Egypt
Other
Qatar
Restructurings
Saudi Arabia
United Arab Emirates
Addleshaw Goddard Announces New Leadership
Addleshaw Goddard, has announced the commencement of Andrew Johnston’s term as Managing Partner. Johnston has unveiled an ambitious vision for the firm’s future, aiming to double its size by 2030. The growth strategy will
Saudi Arabia’s low-cost airline, Flynas, has announced its intention to list shares on the Tadawul stock exchange this year. This move aligns with Saudi Arabia’s broader ambitions to expand its aviation sector and
Freshfields Bruckhaus Deringer (‘Freshfields’) has unveiled the promotion of 40 new counsel, effective from 1 May 2024. Spanning various regions and practice groups, the newly appointed counsels embody Freshfields’ dedication to fostering a diverse and skilled workforce. Their
International law firm Simmons & Simmons has unveiled its roster of partner promotions for 2024, comprising 11 lawyers from six countries spanning the UK, Europe, and the Middle East. The promotions are set to take effect on
Allen & Overy (A&O) and Shearman & Sterling (Shearman) have appointed David Foster (pictured) as the regional managing partner for the Middle East, Turkey, and Africa for the combined firm A&O
