King & Spalding has advised Gulf Capital and Gulf Related in obtaining a ground-breaking SAR 450 million financing facility from the National Commercial Bank. The proceeds of the facility will be used to develop a residential compound in Riyadh, Saudi Arabia (more…)
International law firm Clyde & Co is pleased to announce the lateral appointments of Rhys Lewis and Ross Barfoot as partners in its MENA corporate group, bringing regional corporate partner numbers to 12 and total regional partner numbers to 36 (more…)
Leading global law firm Baker & McKenzie is pleased to announce that Habib Al Mulla, one of the most respected and well-established law firms in the United Arab Emirates (UAE), will merge with the Firm, effective 1 July (more…)
King & Spalding advised Sadara Chemical Company during the tendering and bid evaluation for an operations and maintenance agreement for packaging and shipping with Al Majdouie De Rijke Limited Company (more…)
Holland & Knight is pleased to announce that Oliver Agha has joined the firm as a partner and will head its Islamic finance and Middle East and North Africa (MENA) practices. Mr. Agha’s addition will strengthen the firm’s presence in the Middle East and bolster the firm’s banking and finance, infrastructure, and real estate capabilities in the region (more…)
Ashurst advised the funders on the successful development and financing, by a consortium of Korea Electric Power Corporation (KEPCO), Mitsubishi Corporation and Wartsila, of the approximately US$ 800 million IPP3 independent power project in the Hashemite Kingdom of Jordan, which reached financial close on 7 March 2013. Ashurst acted as international legal counsel to the ECAs, The Export-Import Bank of Korea (K-EXIM), Nippon Export and Investment Insurance (NEXI) and the commercial lenders, The Bank of Tokyo-Mitsubishi UFJ Ltd., KfW IPEX-Bank GmbH, Mizuho Corporate Bank Ltd, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation (more…)
Global law firm White & Case LLP has advised the lenders on the ground-breaking US$1.2 billion financing of Indorama’s nitrogenous fertiliser complex in Rivers State, Nigeria, the largest fertiliser plant in Africa (more…)
Allen & Overy has advised its regular client, the Indorama group, on the development and financing of a USD1.2bn fertiliser plant and associated pipeline project in Port Harcourt, Nigeria (more…)
Patton Boggs LLP is pleased to announce that Brian J. Pierce has joined the firm’s Corporate Finance practice group as a partner. Mr. Pierce, who will work throughout Middle East and North Africa (MENA) region, joins Patton Boggs from Sullivan & Cromwell LLP, where he was Special Counsel – Middle East (more…)
Global law firm Eversheds has advised Qatar General Electricity and Water Corporation (Kahramaa) on a 25-year water supply deal with Qatar Electricity & Water Company (QEWC) worth 500 million USD (more…)
Latham & Watkins advised Abu Dhabi Islamic Bank PJSC, one of the leading Islamic banks in the Middle East, in connection with the region’s first perpetual and Basel III compliant tier 1 sukuk issuance (more…)
The Abu Dhabi office of Clifford Chance advised First Gulf Bank (FGB), a major leading financial institution headquartered in Abu Dhabi, UAE, on a new three-year US$900 million senior unsecured Term Loan Facility with a group of international banks (more…)
