DAMAC Properties is making significant strides in digital infrastructure investment. Teaming up with British telecoms operator Vodafone, Edgnex Data Centres by DAMAC is embarking on a groundbreaking venture worth $100 million to establish a new data center project in Turkey. The joint endeavor aims to bolster Turkey’s digital transformation and economy by introducing a cutting-edge […]
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Binghatti Holding Readies Inaugural US Dollar Sukuk Launch
Binghatti Holding, a prominent Emirati property development company headquartered in Dubai, is on the verge of a significant financial milestone with the impending launch of its inaugural US Dollar Sukuk. With the legal team spearheaded
Deal & transactions
Food & Beverage
United Arab Emirates
Majid Al Futtaim and Dubai Municipality Team Up for Food
Dubai Municipality and Majid Al Futtaim – Retail have joined forces in a strategic partnership aimed at ensuring the sustainable provision of essential food commodities in Dubai’s local markets. Majid Al Futtaim – Retail, the exclusive
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Bloom Holding Unveils Seville: Fifth Phase of Bloom Living
Under the legal guidance of General Counsel Giovanni Carpenzano (pictured), Bloom Holding, a prominent real estate development company in the UAE, has unveiled ‘Seville,’ the fifth phase of its integrated community, Bloom Living, in Abu
Global law firm Latham & Watkins has welcomed 19 counsel to the partnership, effective March 1. These promotions highlight the firm’s commitment to excellence and client service across various practice areas. This announcement follows the
With Mike Sosso (pictured), BP’s EVP Legal at the helm, the global company is set to make substantial investments in Egypt’s development and exploration activities, with plans to inject USD1.5 billion into the
Egypt’s merger and acquisition (M&A) landscape witnessed a significant decline in 2023 compared to the previous year, according to the latest report by global law firm Baker McKenzie. The report, based on LSEG
Global law firm Clifford Chance has provided legal counsel to the joint lead managers for two sukuk issuances by the Islamic Corporation for the Development of the Private Sector (“ICD”) under its Trust Certificate Issuance
In the rapidly evolving landscape of employment law in the United Arab Emirates (UAE), LegalcommunityMENA sits down with Joanna Matthews-Taylor (pictured), Partner and Head of the Employment Practice at Baker McKenzie‘s Dubai office.
KN&P served as legal advisor to Anaam International Holding Group (“Anaam Group”) on its SAR 236.25 million capital increase through a rights issue. This bolstered Anaam’s capital from SAR 315 million to
