Global law firm Eversheds Sutherland advised California-based Joby Aviation in its definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with initial operations targeted as early as 2025. The electric aerial taxis, capable of carrying a pilot and up to four passengers at speeds […]
Banking & Finance
Capital Markets
United Arab Emirates
Norton Rose Leads Inaugural Chimera S&P India ETF Launch
Assisted by global law firm Norton Rose Fulbright, Lunate Capital has launched the Chimera S&P India Shariah ETF, marking the region’s inaugural exchange-traded fund (ETF) that monitors Shariah-compliant Indian stocks. The Chimera
The global insurance industry experienced a significant decline in mergers and acquisitions (M&A) activity in 2023, reaching its lowest point in a decade, according to a report released by law firm Clyde & Co.
Global law firm Clifford Chance is taking a significant step forward in its digital transformation journey by expanding its use of AI technologies with the deployment of Copilot for Microsoft 365 and Viva Suite for its
FTI Consulting, Inc. has successfully obtained a Regional Headquarters License (RHQ) from the Ministry of Investment of Saudi Arabia. This newly acquired license underscores the firm’s unwavering commitment to bolstering its presence and enhancing
Capital Markets
Corporate
E-Commerce
Qatar
TMT
Ooredoo Group Pledges $1.1bn to Bridge Digital Divide
In a significant legal development, Qatar’s Ooredoo Group has committed a cumulative investment of $1.1bn for the period 2024-2026 to bridge the digital divide in developing markets. The pledge was made as part of
Telecom Egypt, the integrated operator of communications and Information Technology services in Egypt, has entered into a strategic partnership with Huawei during the Mobile World Congress (MWC 2024) to deploy 5G network infrastructure. This collaboration underscores
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KN&P Facilitates Al-Akaria’s Sidrat Al Ula Agreement
Saudi Real Estate Co. (“Al-Akaria”) has inked a significant Development Management Agreement, facilitated by KN&P. This agreement, signed with the Royal Commission for Al Ula and Al Ula Development Company, paves the way
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Dubai South & Aldar Launch Joint Venture for Grade A
Dubai South, a prominent urban master development, and Aldar Properties (“Aldar”)have joined forces to embark on a joint venture aimed at developing Grade A logistics facilities within Dubai South’s Logistics District. The
International law firm Gowling WLG has announced the launch of Saturn, a groundbreaking service designed to combat online infringement using artificial intelligence (AI). Saturn utilizes advanced AI technology to assist brands in identifying copycat and
