International law firm Baker McKenzie will cut ties with UAE based law firm following controversial remarks made on social media by the Firm’s principal, Habib Al Mulla. In a statement on Baker McKenzie’s website the firm said: “Baker McKenzie and Dr Habib Al Mulla can confirm they will be parting ways. The separation process is underway, and […]
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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) […]
Adsero – Ragy Soliman & Partners assisted Telecom Egypt in signing the commercial agreement with Orange Egypt for national roaming services. The latest deal comes in light of Orange Egypt landing the tender for national roaming services that Telecom Egypt issued to all mobile network operators due to the impending expiration of the current agreement. The new agreement provides […]
Al Tamimi & Company has appointed David Yates (pictured) to head its Digital and Data team. The hire strengthens the firm’s capabilities in its Digital and Data practice and takes the total number of Partners to 82 throughout the its 17 offices spread across 10 countries. Yates was previously part of Al Tamimi & Company […]
The winners of the Iberian Lawyer IP&TMT Portugal Awards 2022 were announced during the gala ceremony held at the Museu do Oriente in Lisbon, on July 6th 2022. Once again, the IP&TMT Awards recognised the excellence among Portuguese professionals active in this area. For the list of winners click here
In celebration of the ninth edition of Save the Brand, last night the Four Seasons in Milan witnessed the Awarding of 30 companies in the Food & Beverage sector, an event organized by LC Publishing Group – with its digital magazine Foodcommmunity.it – dedicated to Italian entrepreneurs and true excellences of Made in Italy in […]
Deal & transactions
Transport
United Arab Emirates
EQT Private Equity and Mubadala to acquire Envirotainer
The EQT X fund and Mubadala Investment Company, have entered into an agreement to acquire Envirotainer, the global provider of mission-critical, proprietary temperature-controlled supply chain solutions for the transportation of biopharmaceuticals, from Cinven and Novo Holdings. The enterprise value amounts to approximately EUR 2.8 billion. EQT Private Equity and Mubadala will seek to support Envirotainer […]
Banking & Finance
Transport
United Arab Emirates
Al Seer Marine completes a USD 135 million financing. The advisors
Al Seer Marine, a global player in several maritime sectors and a subsidiary of International Holding Company, has closed a financing transaction of USD135 million for the construction of its two very large LNG carriers. The construction of the two gas carriers will take place by Hyundai Heavy Industries. The vessels will be dual fuel-efficient, […]
Deal & transactions
Transport
United Arab Emirates
Habib Al Mulla & Partners on Ghassan Abood Group deal
International law firm Habib Al Mulla & Partners, a member firm of Baker & McKenzie International, has advised Ghassan Aboud Group, a UAE based multi-business conglomerate, on a partnership agreement with AD Ports Group, the facilitator of trade and logistics in the Middle East, on the development of one of the region’s largest food trading […]
TruKKer, a Saudi-headquartered digital freight network, has successfully completed its Series B equity and debt funding round. The investors in the fundraising included ADQ, Abu Dhabi Developmental Holding Company and Riyadh-based venture capital fund STV, with participation from Mubadala Capital Ventures. Existing investors Riyad Taqnia Fund, backed by Public Investment Fund, and Shorooq Partners also […]
