Alamar Foods, a Saudi based Quick Service Restaurant operator in the Middle East, North Africa and Pakistan, has completed its SAR1.22 billion (approximately USD326 million) initial public offering (IPO) and listing of ordinary shares
Tags :White & Case
Deal & transactions
Transport
United Arab Emirates
Zakher Marine International successfully acquired by ADNOC L&S
Zakher Marine International (“ZMI”), an Abu Dhabi-based owner and operator of offshore support vessels, has been acquired by ADNOC Logistics & Services (“ADNOC L&S”), the shipping and maritime logistics arm of Abu Dhabi
Banking & Finance
Energy & Trading
Other
Asafo & Co. advises Norfund in its investment in CrossBoundary
Norfund and KLP, Norway’s largest pension company, will together invest USD 40 million in equity in CrossBoundary Energy (CBE), a developer, owner, and operator of commercial and industrial renewable energy systems in Africa. The investment
PKO Bank Hipoteczny launched a subscription for institutional investors for another issue of mortgage covered bonds with a value of EUR 500 million and maturity on June 25, 2025. This issue was the first issue of the
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Al Mutlaq Group signs a USD400m joint venture agreement with
The Red Sea Development Company Announces First Joint Venture Agreement with Al Mutlaq Group for Red Sea Project Almutlaq Real Estate Investment Co. (“AREIC”), a subsidiary of the Al Mutlaq Group (“AMG”), has entered
TruKKer, a Saudi-headquartered digital freight network, has successfully completed its Series B equity and debt funding round. The investors in the fundraising included ADQ, Abu Dhabi Developmental Holding Company and Riyadh-based venture capital fund STV,
Capital Markets
Energy & Trading
United Arab Emirates
White & Case: Sweihan PV Power Company issues green project
Global law firm White & Case LLP has advised the Abu Dhabi-based Sweihan PV Power Company (SPPC) on the issuance of its US$700.8 million 3.625% senior secured amortizing green project bonds due 2049. The bonds are governed
