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Denton Wilde SapteDenton Wilde Sapte continues to act as legal advisor for MENA Infrastructure Fund, picking up an instruction to advise on its second investment, in which it has taken 32.8% of the shareholding in Oman's United Power Company SAOG (UPC)United Power Company SAOG (UPC). UPC owns a 270 megawatt power station in Manah, and is listed on the Muscat Securities Market. The 32.8% holding in UPC was opened to a competitive bid process when GDF Suez was ordered to divest its founders' shareholding by the Omani Electricity Regulator. "We're pleased to have acted again on another successful regional acquisition for MENA Infrastructure Fund. Our Dubai and Muscat offices combined to provide a full international and local law service, which, together with... [read full story]
Today is Wednesday, December 2, the 336th day of 2009. Napoleon Bonaparte crowns himself emperor of France in Paris, taking the crown from attending Pope Pius VII. Austria's Emperor Ferdinand I abdicates in favor of Franz...
Parts of Asia, the Mideast, and Europe experienced Internet and phone outages Friday when three undersea cables between Italy and Egypt were damaged Parts of Asia, the Middle East, and Europe experienced Internet and telephone...
Batelco, Bahrain's leading telecom services provider, has presented a one kilo gold bar to the first lucky winner of its Gold Bar Inbound Roaming promotion. Sudanese national, Afifi H Himat, who has worked in Riyadh for the...
Domestic, foreign productions bring voice, coin WHITE HEAT: 'Casanegra,' a high-adrenaline film noir, is the biggest hit this year in Morocco. Two film communities seek out different sides of Morocco -- and gravitate to...
