TLA advises The Investment Dar
Tribonian Law Advisors (“TLA”) acted as lead counsel to The Investment Dar K.S.C. (“TID” or the “Company”) in a transaction that involved a USD1.2 billion settlement in kind with just under a third of its creditors...
- Dubai International Arbitration Centre broadens reach to Vietnam
- New Lex Mundi GC Summit Report highlights harnessing the potential of GenAI
- Pinsent Masons launches Vario in the Middle East
- Clyde & Co strengthens its presence in the KSA, in line with RHQ Programme
- Launch of new law firm in the UAE by former General Counsel of Aster DM Healthcare
- Meysan Partners launches in London
- Squire Patton Boggs appoints Middle East practice co-chairs
Legal Deals
Mediclinic advised by DLA Piper
DLA Piper has advised Mediclinic Middle East on its purchase of two Dubai-based pathology laboratories from Medical Solutions FZ LLC (MedSol). Mediclinic bought the facilities for a cash consideration of AED95 million (USD25.8 million) as part...
CMS advises Masraf Al Rayan Q.S.C.
CMS in London is advising Masraf Al Rayan Q.S.C. (“MAR”), one of the leading banks in Qatar and one of the largest Islamic banks in the world, on its recommended takeover offer for Islamic Bank of...
Clifford Chance advises on an inaugural Sukuk programme
Clifford Chance advises the arrangers and dealers on the establishment of a USD2 billion trust certificate issuance programme by Ooredoo Q.S.C. and the inaugural issuance of USD1.25 billion of trust certificates thereunder The Dubai office of...
Ashurst advises Serco
Ashurst initially advised Serco, the UK FTSE 250 company, on the negotiations for the initial contract for the operation and maintenance of the Dubai Metro (the “Concession”) which was signed back in March 2008 and have...
In Brief (January 2014)
Davis Polk & Wardwell and Freshfields Bruckhaus Deringer have secured lead roles in the USD2.5bn IPO of China Cinda Asset Management, Hong Kong’s biggest global offering in 2013. Davis Polk, fielding Hong Kong partners Bonnie Chan...
Norton Rose advises Majid Al Futtaim
Norton Rose Fulbright advised Banque Misr and National Bank of Egypt as the Mandated Lend Arrangers on the EGP 3 billion (approximately USD441 million) syndicated financing for the Mall of Egypt project developed by Majid Al...
Ashurst advises Serco on Al Sufouh tram
Ashurst advised Serco the UK FTSE 250 company on the negotiations for the contract for the operation of the Al Sufouh Tram project in Dubai, which Serco entered into on the 14 September 2013 with the...
Morgan Lewis advises on first corporate Sukuk in Oman
Al Madina Investment has announced the arrangement of the first corporate Sukuk (Islamic bond) in Oman for Tilal Development Company (TDC). The Sukuk has an issue size of OMR50 million and is based on the Ijarah structure. As an obligor in the structure, TDC has registered a special purpose vehicle...
Law firms advise on billion-dollar Novartis deal
According to The Lawyer, Allen & Overy (A&O), Osborne Clarke (OC) and Proskauer Rose have taken mandates advising on the USD1.7bn sale of Swiss pharmaceutical giant Novartis’ transfusion diagnostics unit to Spanish plasma therapies company Grifols. ...
