Tags : sx1

Appointments United Arab Emirates

Shearman & Sterling welcomes Omar Alkaffas to its partnership 

Global law firm Shearman & Sterling has announced the election of Omar Alkaffas (pictured) as a Project Development & Finance (PDF) partner in Abu Dhabi.  Alkaffas advises governments on strategic, regulatory, and fiscal matters, corporates and financial institutions on joint ventures, mergers and acquisitions and project development and finance transactions. He has advised on several […]

Deal & transactions Saudi Arabia TMT

Freshfields: solutions by stc acquires Contact Center Company

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Arabian Internet and Communications Services Company (“solutions by stc”) on the acquisition of 100% of Contact Center Company (“ccc by stc”) from Saudi Telecom Company and ESM Holdings.  Valued at SAR 450 million (approximately USD120 million), the acquisition will be funded by solutions by stc’s own cash resources.  The […]

Appointments Egypt

Sherry El Shalakany joins Shalakany’s Partnership  

Egypt-based law firm, Shalakany has elected Sherry El Shalakany (pictured) to its partnership.   Sherry El Shalakany joined the Firm in November 2007 in the Corporate Department up to date. Her practice includes corporate & commercial, banking, labour and employment, project financing, taxes and capital markets.   El Shalakany worked on numerous m&a transactions involving advanced level […]

Deal & transactions Other Transport

Meysan: Global Auto Group acquires Mid-East Auto Company 

 Kuwait-based law firm, Meysan Partners, has represented a consortium comprised of Ali Alghanim Sons Automotive Company, Mohamed Yousuf Naghi Motors Company, Organi Group, and Al Safy Automotive Company in their successful acquisition of 100% of Mid-East Auto Company, a Bermuda incorporated company directly and indirectly owning the Bavarian Auto Group, BMW’s Egypt dealership.  Meysan team […]

Deal & transactions Energy & Trading United Arab Emirates

Emerge and Al Dahra to develop rooftop solar project in

Emerge, a joint venture between Masdar and EDF, and Al Dahra Group, an integrated agri-businesses in the Middle East, have entered into a strategic partnership to develop a rooftop solar photovoltaic (PV) installation at Al Dahra Food Industry at Khalifa Industrial Zone Facility Abu Dhabi (KIZAD).  The rooftop solar system will be installed on Al […]

Banking & Finance Banking & Finance United Arab Emirates

Baraka raises USD20 milli in series A funding round

Baraka, a commission-free online brokerage platform based in the Middle East, has raised USD20 million in a Series A funding round, led by Peter Thiel’s Valar Ventures with participation from global investment firm Knollwood.   The proceeds will be used by Baraka to expand across the GCC and Egypt, increase customer acquisition, and hire staff […]