Beeah, a leader in sustainability solutions, announces the development of an “AI Executive.” This groundbreaking initiative underscores Beeah’s commitment to driving agility, efficiency, and data-driven operations. The “AI Executive” is poised to simplify complex
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Deal & transactions
Food & Beverage
Saudi Arabia
Green Corp Expands Portfolio with Acquisition of Emad Bakeries
Green Corp has announced the acquisition of Emad Bakeries, a prominent industrial bakery based in Jeddah, in a strategic move aimed at bolstering its foothold in the Saudi food processing sector. This acquisition marks a
Global law firm Norton Rose Fulbright is expanding its Projects practice in Dubai with the appointment of a new partner Prakruthi Gowda. Prakruthi is a highly experienced professional who has worked on numerous energy and
Matouk Bassiouny & Hennawy (MBH) provided legal counsel to AlArafa for Investments and Consultancies (Al-Arafa) in its demerger, resulting in the formation of Concrete Fashion Group for Commercial and Industrial Investment (Concrete Fashion Group) and
Matouk Bassiouny & Hennawy (MBH) has announced the promotion of Samih M. Talaat (pictured) to Partner within the Corporate and M&A practice group. Talaat brings extensive experience in handling mergers and acquisitions (M&
Galadari Advocates & Legal Consultants, has announced the promotion of Ismail Ezzat to the position of Junior Associate, Ismail, a key firm litigation team member, is based in Galadari’s Head Office in Dubai. He
Banking & Finance
Transport
United Arab Emirates
Dubai Aerospace Enterprise Secures US$420 Million Loan
Dubai Aerospace Enterprise Ltd (DAE) has inked a significant deal, signing a US$420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This loan is
Shuaa Capital has launched a consent solicitation to amend the terms of USD 150 million in outstanding bonds, due on March 31, 2024. Over 25% of noteholders have already expressed support for the proposal. This initiative aligns with Shuaa’
Banking & Finance
United Arab Emirates
Latham & Watkins Advises Investcorp on USD800M Financing Deal
Latham & Watkins has provided legal counsel to Investcorp Capital plc (Investcorp) on securing a significant US$800 million credit facility. This facility, arranged by a consortium of regional and international banks, underscores the strong support
The Capital Market Authority (CMA) has greenlit the registration and initial public offering (IPO) of Saudi Manpower Solutions Company (SMASCO), marking a significant development in the country’s financial landscape. In a resolution dated 01/09/1445H
