Majid Al Futtaim, a leader in fashion, shopping mall, communities, and leisure segment across the Middle East, Africa, and Asia, has entered into a strategic partnership with Poltrona Frau, the luxury Italian furniture brand. As per the agreement, Majid Al Futtaim Lifestyle has acquired the rights to Poltrona Frau products in the UAE. As part of […]
Asafo & Co. advised 54 Capital on its USD21 million growth capital investment, alongside Norfund, in Ethiopian fast-moving consumer goods (FMCG) platform SAMANU. 54 Capital managed a consortium of private investors and worked alongside Norfund in this
The Sovereign Fund of Egypt (“TSFE”) has established a Joint Venture with Etisalat Egypt by e& to launch the new company Erada Microfinance with the goal
Watson Farley & Williams (“WFW”) has secured a favourable judgment for its client Gulf Wings (“Gulf Wings”) before the Dubai International Financial Centre (“DIFC”) Court of Appeal in the case Gulf Wings FZE v A &
Global law firm Shearman & Sterling has announced the election of Omar Alkaffas (pictured) as a Project Development & Finance (PDF) partner in Abu Dhabi. Alkaffas advises governments on strategic, regulatory, and fiscal matters, corporates
Al Tamimi & Company has appointed Philip Kotsis (pictured) as its new Head of Saudi Arabia. The role is a first of its kind in Saudi for the law firm and demonstrates the firm’s
Global law firm Norton Rose Fulbright advised Zain Group in respect of Zain Iraq’s entry into a definite 15-year agreement to sell and leaseback the passive physical infrastructure of its 4,968 tower portfolio in Iraq
From MENA to the WORLD With Suzan Taha In this week’s article, LegalcommunityMENA will be exploring the recent amendments to the Emiratisation law, commonly known as Nafis. The objective of Nafis is to promote
Deal & transactions
Transport
United Arab Emirates
A&O advises ADIO on Road Lighting LED PPP project in
Allen & Overy has advised the Abu Dhabi Investment Office (ADIO) and the Department of Municipalities and Transport (DMT) in Abu Dhabi in relation to Phase 2 of its Road Lighting public-private partnership project (PPP) in
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
