King & Spalding has advised Global Ventures III, a fund sponsored by the UAE-based Global Ventures, on co-leading the $9 million pre-Series B funding round for Singapore-based logistics-tech startup Locad. The round was co-led by Reefknot
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King & Spalding has promoted four new partners, one in Abu Dhabi, Almiro Clere, and three in Dubai, Sayf Shuqair, Dounia Mansour, and Sunandini Das all effective on 1st of January 2025. The profiles Almiro Clere (
King & Spalding has successfully advised Driven Properties on its acquisition of Emaar Square Building 3 in Downtown Dubai, marking a major addition to its commercial property portfolio. The transaction, valued at AED505 million ($137.4 million), is
King & Spalding has advised Enersol, a joint venture between ADNOC Drilling Company and Alpha Dhabi Holding, in its acquisition of a 95% stake in Deep Well Services (DWS), a leading U.S.-based provider of
A cross-office King & Spalding team recently advised Franklin Templeton Investments (Middle East) Limited on the launch of two open-ended umbrella funds in the Dubai International Financial Centre (DIFC) and seven separate sub-funds. Each of
King & Spalding advised Scatec as lead sponsor, working in partnership with Fertiglobe, Orascom Construction, The Sovereign Wealth Fund of Egypt as well as the Egyptian Electricity Transmission Company, and Egypt Green Hydrogen, the project
King & Spalding advised TVM Capital Healthcare on its $35 million investment into Boston Oncology Arabia, a manufacturer and distributor of biogeneric drugs operating in Saudi Arabia. The investment into Boston Oncology Arabia helps to increase
King & Spalding represented e& (formerly Etisalat) on its entry into a seminal AI joint venture (JV) with SK Telecom, Deutsche Telekom, Singtel and SoftBank Corp. e& and the other founding parties have
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
King & Spalding acted as counsel to Franklin Templeton in the initiation of its operations in Saudi Arabia. Establishing Franklin Templeton Financial Company in Riyadh, regulated by the Saudi Arabia Capital Market Authority, marks