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 the International Telecommunication Union’s (ITU) Partner Connect Digital Coalition. The investment aims to enhance mobile coverage, upgrade the quality of service, […]
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
Qatar Investment Authority (QIA) is gearing up to introduce Qatar’s inaugural venture capital (VC) Fund of Funds, a groundbreaking initiative designed to propel innovation within the country. With an ambitious investment exceeding USD 1 billion,
Parkin Company, the leading provider of paid parking facilities and services in Dubai, has revealed plans to embark on an initial public offering (IPO) and subsequently list its ordinary shares (Shares) on the Dubai Financial
With Senior EVP, Group General Counsel, Marouf Mohamed Shweikeh (pictured), at the helm of its legal department, Mashreq, a prominent financial institution in the MENA region, has recently concluded a significant transaction by finalizing a
Appointments
Egypt
United Arab Emirates
Updates
New branch of Khodeir & Partners inaugurated in the UAE
Khodeir & Partners (KP) has announced its expansion into the United Arab Emirates (UAE) with the establishment of a fully licensed office under the name Khodeir & Partners. To spearhead this new venture, Ammar El
ADNOC Distribution, the UAE’s leading fuel and convenience retailer, unveiled its ambitious future plans at its Investor Day today. Building on strong financial performance, including achieving a $1 billion EBITDA in 2023, the company outlined its
