News & Insights
June 7, 2022
Public Investment Fund of Saudi Arabia and Capital Bank Execute 131.2M JOD Subscription Agreement
AMMAN, JORDAN: K&P’s Khaldoun Nazer, Dana Mubaidien and Moawyeh Tarawneh are working with Allen & Overy to advise the Public Investment Fund (“PIF”) of Saudi Arabia on a subscription agreement with Capital Bank (the “Bank”), one of the largest banks operating in Jordan, Iraq, and the region. K&P has provided advice in respect of Jordanian…
February 3, 2020
The SME Investment Fund Invests in Four Jordanian Companies
In 2019, Khalifeh & Partners acted for Al Arabi Investment Group “AB Invest”, the Investment Manager of the Jordanian Banks’ SME Investment Fund, to successfully invest in four (4) targeted companies in Jordan. AB Invest, a leading regional investment banking firm, invests in small and medium-size enterprises (SMEs) through the Jordanian Banks’ SME Investment Fund.…
November 12, 2019
K&P Receives Certificate from Energy Charter Secretariat
On 14 October 2019, Khalifeh & Partners’ Khaldoun Nazer (Partner) received a Certificate of Appreciation from the Energy Charter Secretariat, recognizing the firm’s contribution to the 2019 Energy Investment Risk Assessment (EIRA). Notably, Khaldoun Nazer, Siwar Saket (Associate), and Dana Mubaidien (Associate) have been mentioned as individual contributors in Jordan. K&P was contacted by the Secretariat early last year to provide…
October 28, 2018
K&P Awarded “National Firm of the Year”
For the past several years, Khalifeh & Partners has been ranked ‘Tier 1’ by all major legal directories, including Chambers & Partners, IFLR 1000, and The Legal 500. Recently, Khalifeh & Partners achieved the ranking of National Law Firm of the year (Jordan) on October 17th during IFLR 1000’s 2018 Middle East Awards. The event…
June 26, 2018
K&P Hosts Working Group with Delegates from the Energy Charter Secretariat
On 21 June 2018, a team from Khalifeh & Partners including Ala’ Khalifeh (Partner), Khaldoun Nazer(Partner), and Siwar Saket (Associate) met with representatives from the Energy Charter Secretariat during the Secretariat’s working visit to Jordan to discuss barriers and risks to investment in the energy sector in Jordan. Earlier this year, K&P was contacted by…
June 11, 2018
First Power Storage Project in Jordan Reaches Financial Close
The Badiya Power Generation Project has reached financial close after signing the restated Power Purchase Agreement (PPA) between Irbid District Electricity Company (IDECO) and Al Badiya Company, a subsidiary of Philadelphia Solar. Al Badiya Company will implement an 11 MW expansion of its existing 10 MW PV solar project. Upon completion, the plant will be…
April 22, 2018
ADP Takes Control of Queen Alia Airport
A team from Khalifeh & Partners including Khaldoun Nazer (Partner), Dina Issa, (Associate) and Mouawyeh Tarawneh (Associate) worked with Clifford Chance LLP (DIFC Office) on the sale of 85.7% of the shares of Airport International Group (AIG), the Concession Holder of Queen Alia International Airport (QAIA). The transaction is valued at approximately USD $530 million.…
November 17, 2017
Victory Off-Field for Jordanian Football Club
The 2017 Arab Club Championship was held in Alexandria, Egypt in August of this year. With the final match between Esperance de Tunis, a Tunisian club, and Al-Faisaly Football Club from Jordan running into overtime, the excitement and suspense escalated quickly until a controversial call from one of the referees during overtime allowed Tunisia to…
August 30, 2017
The Future of Renewable Energy in the Middle East
With recent developments in energy law and a plethora of opportunities for international investment, Jordan has the potential to become a global leader in the field of renewable energy. The EDAMA Association for Energy, Water and Environment, in partnership with the United States Agency for International Development (USAID), released the first-ever Jordan Clean Technology Sector…
August 30, 2017
The Birth of Ritz-Carlton in Amman
On April 25th 2017, Al Eqbal Real Estate Development and Marriott International announced the expansion of the Ritz-Carlton brand to Amman with the signing of an agreement to establish the Ritz-Carlton hotel and residences at Fifth Circle in Amman. Luxury development Expected to be completed in 2020, the Ritz-Carlton Amman will bring new options to…
August 30, 2017
Amazon Sets Sights on Middle East Expansion
In possibly the largest M&A transaction in the history of the Middle East, Amazon recently acquired Souq.com, the region’s largest online retailer. The acquisition suggests that the Middle East could become a new frontier for online sales. Selling e-commerce to the masses Amazon’s move signals a desire by the internet giant to move into…
December 3, 2015
Headline: Khalifeh & Partners Advises Nebras Power on Acquisition Deal
Qatari shareholding company Nebras Power has acquired 40% of global power major AES Corporation’s stake in Al-Manakhir IPP4 power plant in Jordan. The announcement came at a meeting yesterday where AES president (Europe Middle East and Asia) Julian Jose Nebrada Marquez and Nebras CEO Khalid Mohamed al-Jolo said with the latest acquisition, Nebras will now…
December 2, 2015
Reports and Publications
Click Here to Download Lawyer’s view on the Jordanian PPA By Kaldoun Nazer.