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 of Abu Dhabi. The association will further reinforce cooperation in various fintech initiatives, drive awareness, support in business development while […]
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
With Suzan Taha Investment opportunities are finally opening up for foreign investor in Libya. Several laws were enacted to provide investors with various benefits, offering several investment incentives, which stem from the country’s desire
Lumen Technologies (“Lumen”), a multinational technology company, entered into an exclusive arrangement for the proposed sale of Lumen’s Europe, Middle East and Africa (“EMEA”) business to digital infrastructure company Colt Technology Services (“Colt”)
