Baker McKenzie Habib Al Mulla has advised Dar Al Takaful (DAT), an innovative Islamic insurance company in the UAE, on its acquisition of the entire share capital of Noor Takaful General and Noor Takaful Family for...
Dentons advised Italian-based multinational energy infrastructure operator Snam in relation to its agreement, in consortium with several international investment funds, to purchase a 49 percent share of ADNOC Gas Pipelines from Abu Dhabi National Oil Company...
In a first-of-its-kind transaction, Oman Arab Bank SAOC (OAB) acquired Alizz Islamic Bank SAOG (AIB) under Oman’s new Takeover and Acquisition Regulation which was issued in 2019 (Takeover Regulation) creating a bank with over USD8.4 billion in...
Norton Rose Fulbright has advised HSBC and Mizuho Bank on a Shari’ah-compliant USD1bn Islamic finance facility, the first cross-border transaction of its kind to conform to new regulations set by the UAE Central Bank. As part...
HFW assisted Abu Dhabi Ports on its purchase of bulk carrier Mv NIKI. The firm also provided completion services to all parties on the transaction, which was closed remotely via video conference due to Covid-19. Participants...
Allen & Overy has advised OLX Group (OLX), one of the world’s fastest growing marketplace networks, on the merger of its businesses in Pakistan, Egypt, Lebanon and the UAE with Emerging Markets Property Group (EMPG), which...
The planned formation of a major petrochemical joint venture between Petrochemical Industries Company K.S.C. (PIC) and SKC Co., Ltd. (SKC) completed on February 29, 2020. PIC acquired a 49 per cent interest in the chemical business...
Helmy, Hamza & Partners, member firm of Baker & McKenzie International, recently advised Arab Company for Projects and Urban Developments S.A.E., a subsidiary of Talaat Moustafa Group Holding, on the issuance of a sukuk program with...
Dentons has advised ACWA Power and the Sponsors in reaching financial close on the USD400 million 500-MW Ibri II photovoltaic (PV) solar independent power project (IPP), in Oman. The plant will become the largest utility-scale solar...
Addleshaw Goddard has advised China’s State Grid International Development Limited (SGID) on its successful circa USD1 billion acquisition of a 49 per cent stake in Oman Electricity Transmission Company. The market-changing deal entered into with Oman...
