Aldar Properties and Siemens join forces to transform Saadiyat Grove into a global smart living exemplar. Using Siemens’ Xcelerator portfolio and Building X platform, Aldar will introduce the UAE’s first cloud-based smart district management system. This partnership marks a significant investment in smart technology, enhancing eco-conscious living and supporting Aldar’s Net Zero Plan. Saadiyat Grove’s […]
Asafo & Co. advises AFIG Funds (AFIG) and NME (Nouvelle Mici Embaci) on Injaro Investment Advisors’ equity investment in NME, a prominent packaging company in Côte d’Ivoire. Injaro Investment Advisors, through its fund
Deal & transactions
Transport
United Arab Emirates
Freshfields Guides DP World in Seafreight Business Deal
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising in DP World’s latest move within the global supply chain landscape. Freshfields is advising DP World, the renowned company in global supply chain solutions headquartered
International law firm Clyde & Co has unveiled the promotion of 19 new partners, effective May 1, 2024. These appointments bolster the firm’s sectoral prowess worldwide, spanning Aviation, Disputes, Insurance, and Energy, Marine & Natural Resources. With
Allen & Overy (A&O) and Shearman & Sterling (Shearman) have appointed David Foster (pictured) as the regional managing partner for the Middle East, Turkey, and Africa for the combined firm A&O
Deal & transactions
Industrial
United Arab Emirates
Masdar, EGA Join Forces for Low-Carbon Aluminium Solutions
Abu Dhabi Future Energy Company (Masdar) and Emirates Global Aluminium (EGA) have embarked on a strategic partnership aimed at advancing aluminium decarbonisation efforts and exploring avenues for low-carbon growth. The collaboration, solidified with the
Deal & transactions
Services
United Arab Emirates
ADNEC and Tadweer Forge Sustainable Waste Partnership
ADNEC Group has entered into a Memorandum of Understanding (MoU) with Tadweer Group, marking a significant step towards bolstering collaboration in waste management and sustainability initiatives. The MoU encompasses a broad spectrum of activities aimed
International law firm White & Case has provided legal counsel to a consortium of lenders led by the International Finance Corporation (IFC) in arranging a substantial US$1.25 billion financing package for Nigeria-based Indorama Eleme Fertilizer
Corporate
Deal & transactions
Egypt
Opinions
Saudi Arabia
United Arab Emirates
PwC Report: Diversification Fuels 2024 M&A Boom in Middle East
The winds of change are blowing across the business landscape of the Middle East. With a focus on economic diversification and a growing embrace of clean energy and technology, the region is poised for a
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
Updates
MBH Advises on Rixos Premium Alamein Hotel Agreement
Matouk Bassiouny & Hennawy (MBH) has successfully acted as the legal counsel for the owning company in negotiating and concluding the management agreement with Rixos, a part of Accor’s portfolio, one of the world’
