Tags : Norton Rose Fulbright

Deal & transactions Energy & Trading United Arab Emirates

Norton Rose Fulbright advises IHC on a AED1.8B acquisition deal

Global law firm Norton Rose Fulbright has advised International Holding Company (IHC) in connection with its AED 1.8 billion (approximately USD 490 million) acquisition of a 50% stake in Kalyon Enerji, through its subsidiary International Energy Holding.   Turkish clean energy provider, Kalyon Enerji, which is part of Turkish conglomerate Kalyon Holding, focuses on research and development […]

Banking & Finance Banking & Finance Other

Bahrain’s Ahli United Bank concludes USD 1.1b in Murabaha Financing

Ahli United Bank (“AUB”) has secured a USD1.1 billion sustainable Murabahah financing facility. The dual-tranched facility is the first of its type raised by a financial institution worldwide, according to the bourse filing. The three-year facility was upsized to US$1.1 billion from its original amount of US$750 million due to high demand.   One tranche represents […]

Deal & transactions Egypt Energy & Trading

Infinity Group and Africa Finance Corporation acquire Lekela Power 

Infinity, a renewable energy company based in Egypt, and Africa Finance Corporation (“AFC,”), infrastructure solutions provider, are to acquire Lekela Power from Actis and Mainstream Renewable Power, in a deal that will make Infinity the largest renewable energy company on the continent.   Established in 2015 to deliver clean, reliable energy across Africa, Lekela has […]

Banking & Finance Deal & transactions United Arab Emirates

Norton Rose Fulbright advises OKX on entering Dubai virtual assets market

Global law firm Norton Rose Fulbright‘s Dubai office has advised cryptocurrency exchange OKX on its entry into the UAE market.  OKX has successfully signed a memorandum of understanding (MOU) with, and obtained a provisional license from, the Virtual Assets Regulatory Authority (VARA), the authority responsible for the licensing and regulation of virtual assets in Dubai. […]

Deal & transactions Healthcare, Pharma & Life Sciences United Arab Emirates

ADQ to acquire Turkish pharmaceuticals company Birgi Mefar Group

Turkish pharmaceuticals company Birgi Mefar Group (BMG) has entered into a definitive acquisition agreement with ADQ, an Abu Dhabi- based investment and holding company. BMG is one of Turkey’s leading producers of sterile injectable products, such as vials and pre-filled syringes for vaccines, and has operations in over 30 countries. This acquisition comes as part […]