Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has provided legal counsel to the US-based technology conglomerate 3M in its spin-off of the healthcare division, now known as Solventum, which is listed on the New York Stock Exchange (NYSE). The transaction encompassed the intricate legal separation and reorganization of the healthcare business, boasting a revenue of […]
In a joint announcement, Allen & Overy and Shearman & Sterling have revealed the inaugural partner promotions for the merged entity, A&O Shearman. A total of 40 partners have been appointed to the partnership
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Olayan and Lunate Acquire Stakes in ICD Brookfield Place
In a significant move in the realm of real estate investment, the Investment Corporation of Dubai (ICD) and Brookfield Corporation have announced an agreement with Olayan Financing Company and Lunate for the sale of a 49
Sharkawy & Sarhan, has announced the promotion of four of its rising stars. Nesma Abdelbary, Youmna Fahmy, and Menna Abouzekry who have been elevated to pivotal positions within the legal team, while Mariam Ahmed has
Deal & transactions
Education
Energy & Trading
United Arab Emirates
NYUAD and Dolphin Energy Forge Partnership for Sustainability
Dolphin Energy and New York University Abu Dhabi (NYUAD) have forged a groundbreaking agreement, in a bid to bolster sustainability and climate change research. This partnership aims to elevate environmental stewardship and empower
Commercial Bank International (CBI), a prominent corporate and retail bank based in Dubai, has announced a strategic investment in zypl.ai, a fintech startup at the forefront of applying generative AI in lending practices. This
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO and Dustour Marine: Boosting Maritime Tourism in Abu Dhabi
Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with Dustour Marine Wooden Boats Trading Establishment to spearhead a groundbreaking project aimed at bolstering the Emirate’s coastal development and fostering maritime tourism.
Regional law firm, ASAR has secured a significant triumph for its client in a pivotal decision by the Kuwait Cassation Court. The ruling marks the resolution of a longstanding dispute concerning the recognition of a
Sharkawy & Sarhan Law Firm announced their involvement in financing the Kom Ombo solar power project, which recently won the IJGlobal Global’s award for “Energy Transition Deal of the Year.” The project is a
Global law firm, Dentons has introduced its inaugural Shadow Executive Team in the UK, Ireland, and Middle East (UKIME) region. Comprising potential next-generation leaders, this team will advise Dentons’ Executive Leadership Team on crucial strategic
