In a recent case, Ammar ElBanna, the Founder of Incept Legal and Of Counsel at Khodeir & Partners, represented a multinational company and succeeded in persuading the UAE Federal Supreme Court to uphold the stipulated liquidated damages clause in an employment contract. The circumstances of this incident involved a previous worker who infringed discretion after […]
MAG meets the global managing partner of law firm Magic Circle. “We want to be the legal point of reference for our international clients. We want to increasingly reinforce our image as a unified firm.”
Matouk Bassiouny & Hennawy has promoted Ali Abdullah (pictured) to partner and head of Tax Litigation practice and Mohamed Naguib (pictured) to partner and head of criminal litigation practice. With experience in the
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Cms advises Aldar Properties on its partnership with Dubai Holding
International law firm CMS has advised Aldar Properties (“Aldar”) on its joint venture with Dubai Holding to develop three new residential communities in Dubai consisting of over 9,000 residential units. The agreement marks Aldar’s
Appointments
Real Estate, Construction & Infrastructure
United Arab Emirates
Waleed Shalaby named group head of legal for MOBH Group
Waleed Shalaby (pictured) has been appointed as group head of legal at Mohammad Omar Bin Haider Holding Group (“MOBH Group”), in what is his first role as an in-house counsel. Shalaby brings a wealth of
Saint-Gobain, through its Chryso business, has completed the acquisition of IDP Chemicals in Egypt. IDP Chemicals is focused on the buoyant building and infrastructure markets in Egypt, which should see strong growth for the
Global law firm Clyde & Co has established a collaborative office in Cairo, Egypt. The new firm Barakat Maher & Partners Advocates & Legal Consultants, will operate in association with Clyde & Co. The Cairo
Deal & transactions
Egypt
Transport
ZH&P advises Global Auto in establishing a JV with Contact Financial
Global Auto, the official and authorised distributor of BMW and MINI in Egypt, in entering into a joint venture and operating agreements with Contact Financial Holding to provide consumer financial services to end clients. This
Banking & Finance
Deal & transactions
Egypt
Saudi Arabia
Riad & Riad and Fintech Buddy Saudi Arabia join forces
Fintech Buddy Saudi Arabia, a one-stop shop platform that provides professional services for startups and foreign companies (sponsored by The Law Firm of Nasreen Alissa), signed a Memorandum of Understanding (MoU) with Riad & Riad
Baker McKenzie Switzerland, in conjunction with legal representatives from London, Madrid, Rome and Riyadh offices of Baker McKenzie, provided counsel to Enagás and Fluxys for the purchase of additional shares in Trans Adriatic Pipeline (“
