In a significant legal triumph, the Meysan team, under the leadership of Dr. Abdulwahab Sadeq and Senior Counsel Tarek Diab, successfully defended a global automotive company and a local dealer against a massive claim. The former local agent had demanded various compensations totalling approximately $100 million. The case was fraught with challenges, including the court’s […]
Banking & Finance
Capital Markets
E-Commerce
Egypt
News
Zaki Hashem & Partners Advises B Investments in Acquisition
Zaki Hashem, Attorneys at Law, is pleased to announce its role in advising B Investments Holdings SAE (B-Investments) in a mandatory tender offer to acquire up to 90% of Orascom Financial Holding (OFH). The acquisition, a
Capital Markets
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
Transport
United Arab Emirates
Al Arabia Secures $142M Advertising Contract with Dubai’s RTA
The UAE subsidiary of the Saudi-listed Arabian Contracting Services Company, (Al Arabia), has signed a significant advertising billboard contract with Dubai’s Roads and Transport Authority (RTA). The deal, valued at 522.84 million UAE dirhams ($142.35 million),
Banking & Finance
Capital Markets
United Arab Emirates
Norton Rose Leads Inaugural Chimera S&P India ETF Launch
Assisted by global law firm Norton Rose Fulbright, Lunate Capital has launched the Chimera S&P India Shariah ETF, marking the region’s inaugural exchange-traded fund (ETF) that monitors Shariah-compliant Indian stocks. The Chimera
Capital Markets
Corporate
E-Commerce
Qatar
TMT
Ooredoo Group Pledges $1.1bn to Bridge Digital Divide
In a significant legal development, Qatar’s Ooredoo Group has committed a cumulative investment of $1.1bn for the period 2024-2026 to bridge the digital divide in developing markets. The pledge was made as part of
Capital Markets
Services
United Arab Emirates
Multiply Group Bolsters Portfolio with BackLite Media Acquisition
Abu Dhabi-based holding company Multiply Group has made a significant move in the Out-of-Home (OOH) advertising sector by acquiring 100% of BackLite Media, a prominent Digital Out-of-Home (DOOH) advertising company in the United Arab Emirates (UAE).
Capital Markets
Industrial
Saudi Arabia
Services
Transport
K&A guides a complicated private share swap transaction
In a significant development in the car leasing industry, Khoshaim & Associates (K&A) has successfully advised the Saudi Economic and Development Holding Company (SEDCO) on a complex private share swap transaction. The agreement,
Capital Markets
Corporate
Deal & transactions
Egypt
News
Real Estate, Construction & Infrastructure
United Arab Emirates
UAE to Invest $35 Billion in Ras El-Hekma in Landmark
In a groundbreaking move set to redefine Egypt’s coastal landscape, ADQ, an Abu Dhabi-based investment and holding company, is spearheading a USD 35 billion investment in the Ras El-Hekma region. The project has been described
The Saudi Fund for Development has signed a funding agreement with the Tunisian government, committing 55 million US dollars (approximately 173 million dinars) to a project aimed at renovating Tunisia’s phosphate transport railway network. The project,
Meysan Partners provided legal counsel to UPayments, a prominent online payment solutions provider, in the sale of a 51% stake to the National Bank of Kuwait (“NBK”). This strategic move highlights UPayments’ success in the Fintech
