Shalakany, a leading law firm, is thrilled to announce a significant triumph in securing a favorable tax decision worth approximately EGP 36 million for a prominent Non-Banking Financial Services (NBFS) group of companies. This achievement follows
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News
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance: Expo City Dubai launches sustainable residential projects
International law firm Clifford Chance has provided legal services to Expo City Dubai during the successful off-plan launch of two sustainable residential projects, namely “Mangrove Residences” and “Expo Valley.” Mangrove Residences is set to feature
Banking & Finance
Saudi Arabia
TMT
Clifford Chance: TAWAL secures $1.42b financing for tower acquisitions
International legal firm Clifford Chance has provided legal counsel to TAWAL, a subsidiary of Saudi Telecommunication Company (stc), in securing Shari‘a-compliant term loan and bridge finance facilities. These funds will facilitate the acquisition of
Deal & transactions
Healthcare, Pharma & Life Sciences
United Arab Emirates
Ashurst advises PureHealth on acquisition of Circle Health Group
International law firm Ashurst has provided legal counsel to Pure Health Holding in its acquisition of the Circle Health Group, the United Kingdom’s largest private healthcare group. Pure Health, the Middle East’s largest
Banking & Finance
Food & Beverage
United Arab Emirates
White & Case on Almarai’s USD2B Trust Programme Update
Global legal firm White & Case has facilitated the successful update of Almarai’s substantial USD2 billion Trust Certificate Issuance Programme (the Programme), as well as overseeing the issuance of USD750 million Trust Certificates under
Barakat Maher & Partners, in association with Clyde & Co, has provided essential legal counsel to PANGIAM as it embarks on an ambitious endeavor to modernize and enhance the Cairo International Airport. This transformative project
In a landmark development, Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale of Goods (CISG), solidifying its commitment to enhancing international trade relations and fostering a more
Sharkawy & Sarhan, a leading Egyptian legal advisory firm, is thrilled to announce its pivotal role as the Egyptian legal adviser in a significant financial venture. The European Bank for Reconstruction and Development (EBRD) has
In a significant collaborative effort, both Jones Day and Shahid Law Firm have played pivotal roles in assisting TotalEnergies with its recent acquisition of Total Eren Holding and its subsidiary entities. This strategic move, aimed
The Dubai International Financial Centre (DIFC) Courts have announced their performance results for the first half of 2023. These figures demonstrate a remarkable increase in the total value of claims and highlight the growing prominence of
