Regional legal platform EKP enhances its public, corporate & commercial practice groups in its Beirut office, with the naming of Nadim Gemayel (pictured) as partner. Gemayel has more than 15 years’ experience in Lebanon and
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Healthcare, Pharma & Life Sciences
IPOs
Other
Asafo & Co. advises in Moroccan private hospital group Akdital’s IPO
Asafo & Co. is advising Akdital in its IPO on the Casablanca Stock Exchange. The offering will take place through a capital increase and a share sale. Valued at 1.2 billion dirhams (US$ 110 million),
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. &
With Suzan Taha Investment opportunities are finally opening up for foreign investor in Libya. Several laws were enacted to provide investors with various benefits, offering several investment incentives, which stem from the country’s desire
Karim Nassif, founder of the independent Dubai based arbitration practice Nassif Arbitration, has been appointed a Vice Chair of the ICC Commission on Arbitration and ADR, upon the nomination of the ICC UAE National Committee
Deal & transactions
TMT
United Arab Emirates
Norton Rose Fulbright advises IHC on its acquisition into Emircom
IHC Digital, a subsidiary of International Holding Company (“IHC”), has successfully completed a AED 250 million acquisition of a 54% stake in Middle East information and communications technology (ICT) provider Emircom. The transaction, which closed on 28 September 2022,
Appointments
Energy & Trading
United Arab Emirates
David Miles joins Linklaters’ Dubai Energy & Infrastructure practice
Linklaters strengthens its Energy & Infrastructure practice in the Middle East with hire of David Miles (pictured). The Dubai based partner is a legal veteran with over 20 years of experience in structuring, advising on, and
Appointments
Banking & Finance
United Arab Emirates
Jamie Levy named senior advisor at Abu Dhabi Investment Office
General counsel at Abu Dhabi Investment Office (“ADIO”), Jamie Levy (pictured), has been named as the company’s Senior Advisor, effective September 2022. The announcement was made by Levy via a LinkedIn post that read:”
EKP’s associated office in Riyadh, Khulaif AlEnezee Legal Counsel Company (“Al-Enezee”), has appointed Jeffrey Greene as a new partner to the firm’s corporate practice group, effective 1 September 2022. Greene is a seasoned transactional lawyer
Capital Markets
Energy & Trading
United Arab Emirates
Taqa and Mubadala to acquire 40% in 2 power plants
Integrated utilities companies Abu Dhabi National Energy Company (“TAQA”) and Mubadala Investment Company (“Mubadala”) signed binding agreements that will see the acquisition of a 40% in two gas-fired power generation plants in the Talimarjan power
