International law firm Simmons & Simmons has expanded its dispute resolution and construction team in the Middle East with the appointment of partner David Risbridger in the UAE.
Tags: Simmons & Simmons | DubaiAddleshaw Goddard Strengthens Core GCC Capability with Dubai-based Corporate Partner
Addleshaw Goddard has strengthened its GCC offering with the appointment of corporate expert Ben Gillespie to its Dubai office. Ben joins the firm’s International Division as a partner on 4th November and is the latest in a series of strategic overseas investments targeting new income streams in high growth areas.
Tags: Addleshaw Goddard LLP | DubaiNorton Rose Fulbright Advises on EGP 3 Billion Syndicated Financing for the Mall of Egypt Developed by Majid Al Futtaim
Global legal practice Norton Rose Fulbright advised Banque Misr and National Bank of Egypt as the Mandated Lend Arrangers on the EGP 3 billion (approximately US$441 million) syndicated financing for the Mall of Egypt project developed by Majid Al Futtaim (MAF).
Tags: Norton Rose Fulbright | DubaiDentons Grows Its Middle East Debt Capital Markets Practice with the Addition of Alex Roussos
Clyde & Co Strengthens MENA Corporate Team with Partner Hire
International law firm Clyde & Co is pleased to announce the appointment of Imran Sami as a corporate partner in its MENA corporate group, bringing regional corporate partner numbers to 14 and total regional partner numbers to 36. Imran will be based in Clyde & Co’s Dubai office.
Tags: Clyde & Co LLP | DubaiAndrews Kurth Expands International Energy Presence with Launch of Middle East Office in Dubai
Latham & Watkins Advises on US$825 Million Project Bond in the UAE
Latham & Watkins advised the Joint Lead Managers, BNP Paribas, Citibank, HSBC, Mitsubishi UFJ Securities, National Bank of Abu Dhabi and Standard Chartered Bank, the Co-Manager, Mizuho Securities, and Bond Trustee, Citibank, on Ruwais Power Company’s issuance of US$825 million Senior Secured 6.0% Bonds due 2036. The issuance closed on 6 August 2013 and was very well-received by investors.
Tags: Latham & Watkins LLP | DubaiVinson & Elkins Advises on Ghubrah IWP in Oman
Vinson & Elkins advised the successful sponsor consortium partners Malakoff Corporation Berhad, Sumitomo Corporation, and Cadagua S.A. on the development and financing of the Ghubrah seawater desalination project (IWP) in Oman. The key financing documents were executed last week and financial close is expected imminently. The project is the second IWP in Oman and will supply water for daily use equivalent to the amount consumed by approximately 800,000 people.
Tags: Vinson & Elkins LLP | DubaiClifford Chance and Al-Jadaan & Partners Law Firm Advise on Saudi Binladin Group’s Financing for the King Abdulaziz International Airport
Clifford Chance and Al-Jadaan & Partners have advised BNP Paribas Investment Company KSA and GIB Capital LLC (GIB Capital) in their roles as joint lead managers and bookrunners on the issuance by SBG Sukuk Limited of its fourth short-term sukuk al-murabaha, guaranteed by Saudi Binladin Group Limited (SBG). The financing is part of an approximately SAR12 billion financing of one of the phases of construction and development of the King Abdulaziz International Airport.
Tags: Clifford Chance LLP | Dubai