Venture Capital funding in Egypt maintained its growing path for the fifth consecutive year, rising by 3% to USD517M in 2022, without reporting any MEGA deal. Egypt is quickly becoming an attractive destination for venture investment, and given its potential, it is likely that we will see even more growth in the coming years. The […]
Deal & transactions
TMT
United Arab Emirates
Zero&One signs a strategic collaboration agreement with AWS
Zero&One has recently signed a long-term regional partnership agreement with Amazon Web Services (“AWS”) to further their commitment to supporting clients across the MENA region in their transition to the cloud.
Al Tamimi & Company has appointed Nicholas Watson (pictured right) as partner and regional Head of its Corporate Commercial department. With over 25 years of international law firm experience, Watson has spent the majority of his
Banking & Finance
Egypt
Healthcare, Pharma & Life Sciences
B Investments and TSFE invest in Egypt’s healthcare sector
The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding (“B Investments”), BPE Partners’ flagship investment vehicle, have signed an agreement to
From MENA to the WORLD The legal system in Libya has historically been influenced by Ottoman, French, Italian, and Egyptian sources. It is based on a combination of Islamic law, civil law, and tribal law.
Background
Egypt
Opinions
United Arab Emirates
Mohamed Elmogy on elevating MENA’s in-house legal community
With Suzan Taha Mohamed Elmogy (“Mogy”) has recently been appointed as the Board Director for ACC MENA. LegalcommunityMENA had the opportunity to interview Mogy regarding how his new role aims to serve the in-house
Chimera Investment has acquired 45% of GB Lease, a subsidiary of GB Auto, for EGP 855 million. This transaction comes as the latest episode in a series of investments made by Chimera in the non-banking financial services
EKP law firm welcomed to its ranks retired Judge Fadi Oneissy (pictured) as a partner at the firm based in Beirut, Lebanon. Fadi Oneissy started his career 3 decades ago as a judge and has since
Eni CEO, Claudio Descalzi, and National Oil Corporation of Libya (‘NOC’) CEO, Farhat Bengdara, have come together to launch “Structures A&E,” a major gas development project in Libya. The aim is to boost
Deal & transactions
Oil & Gas
Qatar
QatarEnergy acquires a 30% interest in Lebanese offshore gas fields
QatarEnergy, in partnership with TotalEnergies and Eni, has signed agreements with the Lebanese government to become a stakeholder in two offshore exploration blocks in Lebanon. QatarEnergy will hold a 30% working interest in Blocks 4 and 9,
