Fintech platform Tamara, advised by Latham & Watkins, has become Saudi Arabia’s first homegrown fintech unicorn after a successful Series C equity funding round. The $340 million investment, co-led by SNB Capital and Sanabil Investments,
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Deal & transactions
Industrial
United Arab Emirates
Cleary Gottlieb Facilitates OCI N.V.’s $7.2 Billion Asset Sales
Global law firm Cleary Gottlieb is advising OCI N.V., a prominent player in natural gas-based fertilizers and industrial chemicals, on two significant strategic sales amounting to a total of $7.2 billion. The transactions involve the
Deal & transactions
Services
United Arab Emirates
Circular Innovation: Aldar, Tadweer and Polygreen Launch Ecoloop
Aldar Properties (“Aldar”), Tadweer (Abu Dhabi Waste Management Company) and global circular economy solutions expert Polygreen have established a joint venture to unveil Ecoloop. This innovative circular model, the first of its kind in the
Deal & transactions
Industrial
United Arab Emirates
ADNOC and OCI Global Forge Agreement for Fertiglobe Acquisition
With legal oversight from Adnoc’s Chief Legal Officer, Marwan Naim Nijmeh and Maud de Vries, Chief Legal and. Human Capital Officer at OCI Global, Abu Dhabi National Oil Company (ADNOC) and
Masdar Announces Major Renewable Energy Deals at COP28 Masdar, the Abu Dhabi-based renewable energy company, has announced a series of landmark deals at COP28, marking significant progress in its global renewable energy development. The company
Global law firm Dentons has provided legal counsel to Immensa, a prominent additive manufacturing and digital inventory platform operating in the MENA region. Immensa successfully secured a substantial investment of US$20 million in its latest
Deal & transactions
Healthcare, Pharma & Life Sciences
Other
Clifford Chance on Aster DM Healthcare’s $1B Gulf Business Sale
Clifford Chance has provided counsel to the Moopen Family, founders of Aster DM Healthcare, in a strategic move to separate the Indian and Gulf Cooperation Council (GCC) businesses of Aster DM Healthcare. This transformative restructuring
Roads & Transport Authority (RTA) and Dubai Taxi Company (Dubai Taxi) have successfully executed the initial public offering (IPO) and subsequent listing of Dubai Taxi on the Dubai Financial Market (DFM). This development is part
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
CMS advises Aldar Properties in London Square Acquisition
International law firm CMS has offered comprehensive legal counsel to Aldar Properties (Aldar), a prominent real estate developer, investor, and manager based in the UAE, in its acquisition of London Square Developments for an enterprise
Deal & transactions
Saudi Arabia
TMT
United Arab Emirates
Ooredoo, Zain, and TASC Tower Reshape Telecom Landscape
In a landmark collaboration, leading telecom players Ooredoo, Zain Group, and TASC Towers Holding have finalized agreements to establish the largest tower company in the MENA region valued at USD 2.2 Billion. The advisors DLA
