QatarEnergy has entered into an agreement with Chevron Phillips Chemical Company to jointly develop an USD8.5 billion integrated polymers facility in Orange, Texas. The companies have made a positive final investment decision on the project
Abu Dhabi Islamic Bank (“ADIB”) signed a Memorandum of Understanding (“MoU”) with Abu Dhabi Global Market (“ADGM”), the international financial centre of the UAE capital, collaborating to support the growth needs of the financial community
Arada Developments (“Arada”), the property developer in the Northern Emirates of the United Arab Emirates, has successfully closed a $100 million tap of its existing $350 million Sukuk, which was issued in June and listed on
The 27th Conference of the Parties (“COP27”), currently being held in Egypt, witnessed the signing of a Memorandum of Understanding (“MoU”) between Majid Al Futtaim Holding Company, the UAE Ministry of
Dubai-based Global Feeder Shipping (“GFS”), a feeder and container shipping provider, has signed an agreement to sell 80% of their stake in GFS to Abu Dhabi Ports Group (“ADP”), a UAE-listed end-to-end logistics business.&
Renewable energy solutions provider Scatec along with its partners Fertiglobe (the strategic partnership between OCI N.V. and ADNOC), Orascom Construction, and The Sovereign Fund of Egypt, has announced the start of the commissioning
Luxury retail operator, Chalhoub Group has acquired a majority stake in Threads Styling, a London based digital luxury retailer and personal shopping platform. Chalhoub Group acquired all shares of Threads Styling, with the exception of
Zain Saudi Arabia (“Zain KSA”) has successfully completed the sale and leaseback of its entire portfolio of 8,069 telecoms towers in Saudi Arabia to investors led by the Public Investment Fund of Saudi Arabia (“PIF”). The
Trowers & Hamlins has successfully advised on the establishment of the MENA region’s first FinTech Venture Studio (the “Venture Studio”). The Venture Studio is a joint venture project between the firm’s client Al
Saudi Real Estate Refinance Company (“SRC”), the wholly-owned Public Investment Fund of the Kingdom of Saudi Arabia, has increased its programme limit from SAR 10 billion to SAR 20 billion and issuance of SAR 3 billion (USD798 million)
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