In a significant legal victory, Meysan achieved an unprecedented outcome by securing an administrative court ruling that overturned a decision made by Kuwait’s Capital Markets Authority (CMA). The case centred around a shareholder in a local logistics company who filed a whistleblower complaint with the CMA. The complaint alleged that the company had failed to adequately comply with local disclosure requirements, […]
Capital Markets
Deal & transactions
Energy & Trading
Industrial
Oil & Gas
Saudi Arabia
TMT
Baker Hughes and Dussur Inaugurate Joint Venture in Saudi Arabia
Baker Hughes, a leading energy technology company, and Dussur, a consortium owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), announced the official inauguration of their joint
Capital Markets
Diversity & Inclusion
Other
Services
SASLO Legal Counsel for Oman’s Endowment Investment Fund
SASLO played a pivotal role in the historic launch of the Gheras Endowment Investment Fund, the Sultanate’s first-ever Sharia-compliant investment fund listed on the Muscat Stock Exchange. Their expertise navigated the unique legal landscape,
Capital Markets
Corporate
News
United Arab Emirates
EMAAR and BMW Group Middle East have formed a partnership
BMW Group Middle East and EMAAR have joined forces in a strategic partnership to expand electric vehicle (EV) charging infrastructure in the UAE. As part of this collaboration, BMW Group Middle East will install over 50
Egypt
Healthcare, Pharma & Life Sciences
Private Clients
Rizkana & Partners Wins Fraud Case for Canadian Client
Rizkana & Partners (R&P) has successfully secured a major victory for their Canadian client in the health sector. The litigation team, led by Managing Partner Hazim A. Rizkana (pictured), obtained a ruling leading
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Riad & Riad Triumphs in $34.5 Million Construction Dispute
Riad & Riad has achieved a victory on behalf of their client, a Korean EPC construction company, in a high-stakes $34.5 million construction dispute. The dispute arose from a direct claim brought against the Korean company
Milan’s Palazzo del Ghiaccio set the stage for the prestigious Legalcommunity Finance Awards 2024, an event dedicated to recognizing outstanding achievements in the legal realm within the finance sector. Hosted by Legalcommunity.it, the eleventh
Trowers & Hamlins Issues First Creditor Payout as Liquidator for The International Banking Corporation, Culminating 14-Year Process In a landmark achievement, Trowers & Hamlins, the international law firm, has disbursed its initial distribution to
Al Busaidy Mansoor Jamal & Co, a leading law firm, is delighted to announce the promotion of Ahmed Al Busaid to the role of Partner. Ahmed has been a valuable member of the AMJ team
Private Clients
Real Estate, Construction & Infrastructure
United Arab Emirates
Al Adly and Co. Secures Major Arbitration Award at DIAC
Under the leadership of Managing Partner Ahmed Adly (pictured), Al Adly and Co. has successfully secured a multi-million dirham arbitration award against a prominent real estate developer in the United Arab Emirates before the Dubai
