Allen & Overy has advised Varkey Group Limited (VGL) on the sale of a minority stake in GEMS Education (GEMS) to Khazanah Nasional Berhad (Khazanah), a Malaysian government-owned investment fund. GEMS is one of the world’s...
The law firm of Tribonian Law Advisors (“TLA”) announced that it has represented Kaleida Holdings S.A. (“Kaleida Holdings”), the holding company owning citrussTV, the Arab world’s first dedicated home shopping TV channel and the premier full-media...
Afridi & Angell has advised Sharjah Islamic Bank (SIB) and Sharjah Cement and Industrial Development Co. PJSC (SCID) in connection with convertible Sukuk, both of which were issued to the Sharjah Social Security Fund (the Fund)....
Dentons has advised Muscat Securities Market listed parent company Muscat Insurance Company SAOG (MIC) (formerly Muscat National Holding Company SAOG) on the three-way merger of its subsidiaries, Muscat Life Assurance Company SAOC and Muscat Insurance Company SAOC,...
Clifford Chance is advising SABIC, a world leader in chemicals, on its proposed acquisition of approximately 83 million shares in global chemicals company Clariant from 40 North and Corvex Management. The acquisition would make SABIC the...
Galadari Advocates & Legal Consultants (DIFC) Limited has advised a client on the successful acquisition of a UAE-based company that provides corporate services to SMEs in the UK. Valued at approximately AED50 million, the cross-border transaction...
King & Spalding (in association with the Law Office of Mohammed Al-Ammar) acted as fund counsel to SEDCO Capital and Wasatah Capital on the establishment of listed Saudi Arabian REITs, SEDCO Capital REIT Fund and Wasatah...
Dentons has advised the Joint Lead Managers on the issuance of USD400 million Trust Certificates due 2022 (Sukuk) by Emirates REIT (CEIC) Limited (Emirates REIT), which completed on December 12, 2017. The transaction represents Emirates REIT’s...
Hogan Lovells has advised the International Finance Corporation (“IFC”), a member of the World Bank Group, on the acquisition of a 7.5 percent equity stake in the Afghanistan International Bank (“AIB”) to help the bank boost...
The Bench FZE has instructed investment firm Golden Group Holding on its negotiations with Mövenpick for their new Muscat property. The Mövenpick Hotel Muscat will be located next to the Muscat International Airport and will have...
