The UAE subsidiary of the Saudi-listed Arabian Contracting Services Company, (Al Arabia), has signed a significant advertising billboard contract with Dubai’s Roads and Transport Authority (RTA). The deal, valued at 522.84 million UAE dirhams ($142.35 million), was facilitated by Nicolas Mourad, Group In-House Legal Consultant at Arabian Construction Company, and Faisal Alkhanbashi, the Legal Department […]
Apex International Energy, a leading energy company, has announced a significant partnership with the Egyptian Natural Gas Company (GASCO) during the Egypt Energy Show (EGYPES) 2024 The partnership, formalized through a Memorandum of Understanding (MOU), will
Appointments
United Arab Emirates
Updates
Galadari Advocates & Legal Consultants Welcomes New Partner
Galadari Advocates & Legal Consultants, is pleased to announce the addition of a new partner, Charbel Fadel, effective March 1st. This strategic move aims to enhance the firm’s corporate practice and expertise. Charbel Fadel,
Deal & transactions
Transport
United Arab Emirates
Eversheds Sutherland Guides Joby’s Dubai Air Taxi Launch
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
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
