From MENA to the WORLD The legal system of the United Arab Emirates (UAE) has a long and rich history that can be traced back to the pre-Islamic period. During this time, the region was
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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,
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
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
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
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,
