Eversheds Sutherland has provided legal advice to Damaan Islamic Insurance Company (“Beema”) on the direct listing of 100% of its shares on the Main Market of the Qatar Stock Exchange. Beema’s share have been admitted for trade as of 16 January 2023. Beema is the first company to be listed through direct listing on the Qatar […]
Banking & Finance
United Arab Emirates
Sequoia Capital acts as lead investor on Tabby’s $58M Financing
Latham & Watkins provided legal advice to Sequoia Capital, the lead investor, in Tabby’s USD58 million funding round. Latham & Watkins provided legal advice to Sequoia Capital, the lead investor, in Tabby’s USD58
Deal & transactions
TMT
United Arab Emirates
Latham & Watkins advises on BioNTech’s acquisition of InstaDeep
Latham & Watkins has provided legal counsel to Chimera Abu Dhabi in the sale of its investment in InstaDeep, a global technology company in the field of artificial intelligence and machine learning, to BioNTech. The
International law firm Bryan Cave Leighton Paisner (“BCLP”) has appointed Jennifer Csik Hutchens as a partner in their Corporate & Finance Transactions Department and the new global head of health care. Hutchens will lead the
Zulficar & Partners Law Firm has welcomed Rana El-Nahal to its partnership. She will be part of the firm’s corporate and M&A Group. El-Nahal has a wealth of experience, having advised clients
Eldib & Co Attorneys at Law has welcomed Marwan Eissa (pictured) to its partnership, effective 1 January 2023. Eissa is an expert in Intellectual Property law and has a wealth of experience representing major clients, small businesses,
Deal & transactions
TMT
United Arab Emirates
Matouk Bassiouny UAE: Beyon Cyber acquires into DTS Solution
DTS Solution (“DTS”) has signed an agreement for the sale of a majority stake to Beyon Cyber (“BC”), part of the Beyon Group, a cybersecurity provider in Bahrain. Established in 2011, DTS Solution is a
Etisalat Egypt by e& and The Sovereign Fund of Egypt (TSFE) have partnered together to launch the new company Erada Microfinance. Enabled by fin-tech, Erada is granted license allowing access to a diversified set
The legal system of Algeria has a long and rich history that can be traced back to the pre-colonial period. During this time, the region was governed by a system of tribal laws and customs
From MENA to the WORLD With Suzan Taha The UAE’s new labour law, Federal Law No. 33 of 2021 (“New Labour Law”), came into force in 2022 and replaced the previous labour law (Federal Law No. 8 of 1980).&
