22 May 2024
Hourani & Partners advised Aliph Capital in its acquisition of The Pet Shop, the largest pet business in the United Arab Emirates from Kasamar Holdings. The acquisition of The Pet Shop marks Aliph Capital’s Fund 1’s inaugural venture. Backed by substantial financial support from prominent entities such as the Abu Dhabi Sovereign Wealth Fund…
A new Saudi Companies law has brought with it changes and innovations which, as our partner, Edoardo Betto explain, look likely to support the Kingdom’s booming venture capital market. “After two years of drafting, consultations and reviews, the Saudi Arabian Cabinet approved the new Saudi Companies Law on 4 July 2022 through Saudi Arabia…
Hourani & Partners advised Tarjama, in its 100% acquisition of Screens. The strategic acquisition for Tarjama paves the way for its expansion into vital media services, further solidifying its position in the media and language technology market in the region. Tarjama, based in the United Arab Emirates, is the Middle East and North Africa…
Anas A. Akel of Hourani & Partners talks about specific Saudisation challenges and opportunities in the manufacturing sector. Saudi Arabia’s Vision 2030 aims to reduce the country’s dependency on oil and transform it into a thriving economy. A key objective of Vision 2030 is the creation of jobs and development of skills for Saudi…
Mine Sekmen has joined Hourani & Partners as Counsel in the Corporate team. Mine brings a wealth of experience as a corporate and commercial transactions attorney, with expertise in both civil and common law jurisdictions. In her role, Mine will represent clients across a diverse spectrum of corporate and commercial matters, including M&A transactions,…
Hourani & Partners has appointed Sunita Singh-Dalal as Partner in the firm’s Dubai office, where she will lead the Private Wealth & Family Offices practice. Sunita brings extensive experience and a wealth of connections within the UAE regulatory landscape, financial advisory circles, corporate service providers, family offices, and private banks. A dedicated proponent of…
Hourani & Partners advised HyperPay, on its $36.8m investment round led by Mastercard. This landmark partnership underscores HyperPay’s strategic growth trajectory and commitment to revolutionizing digital payments in the region. The fund raised in this investment round are earmarked to enhance HyperPay’s financial services portfolio, with a focus on driving innovation and improving customer…
Hourani & Partners played a pivotal role in facilitating a significant financing arrangement to Tabby Inc., a leading buy-now-pay-later (BNPL) fintech company. Tabby Inc. has secured a $150m credit facility from Partners for Growth (PFG) and Atalaya Capital Management, with Hourani & Partners representing both lenders in this landmark transaction. This facility marks Atalaya…
