Emirates Global Aluminium (“EGA”) and ITOCHU Corporation of Japan signed an agreement to explore joint projects in the UAE, which would advance the goals of the UAE’s Operation 300 billion industrial growth strategy. The two companies have agreed to explore expanding their long-termed cooperation to leverage both industrial capabilities in opportunities that complement EGA’s existing […]
Global green energy company, Fortescue Future Industries (“FFI”) has signed a Memorandum of Understanding (“MoU”) to conduct studies with a view to developing green hydrogen production in the Arab Republic of Egypt. The signed
Banking & Finance
Deal & transactions
United Arab Emirates
Abu Dhabi Global Market signs MoU with Abu Dhabi Islamic
Abu Dhabi Islamic Bank (“ADIB”) signed a Memorandum of Understanding (“MoU”) with Abu Dhabi Global Market (“ADGM”), the international financial centre of the UAE capital, collaborating to support the growth needs of the financial community
Banking & Finance
Deal & transactions
United Arab Emirates
Al Khayyat Investments acquires Growthcap’s distribution business
Regional conglomerate Al Khayyat Investments (“AKI”) has completed the acquisition of Growthcap Investments’s distribution business in the UAE in respect of over 30 brands including Tippys, Natures Kitchen, Enviro Guard, Resona Organics and Huy Fong.&
Milan’s Superstudio Più hosted the latest edition of the Financecommunity Awards 2022. The event was an opportunity to celebrate the excellence of the world of finance, from banks to investment
Saudi-based Retail enablement company Zid has raised USD50 million in Series B funding round (~188 million SAR). The round was led by IMPACT46 with participation from investors including Aramco venture capital arm (Waed Ventures) and Endeavour
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Dentons with Arada Developments on its USD100 million sukuk tap issuance
Arada Developments (“Arada”), the property developer in the Northern Emirates of the United Arab Emirates, has successfully closed a $100 million tap of its existing $350 million Sukuk, which was issued in June and listed on
FOURTH DAY – 17 NOVEMBER 2022 Last day of work at the Four Seasons for this edition of Financecommunity Week. The week-long event served as a platform for in-depth conversations around Italy’s thriving financial sector, industry
THIRD DAY – 16 NOVEMBER 2022 The Four Seasons hotel in Milan opens its gates to host the fourth edition of Financecommunity Week, the prestigious event brings together the community of finance professionals to discuss the hot
Clyde & Co partner Loukas Mistelis (pictured) has been appointed as a member to the newly-established Saudi Center for Commercial Arbitration (“SCCA”) Court. The SCCA has established the independent court to determine administrative matters and
