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 edition of this esteemed event highlighted the exceptional contributions of industry leaders who have excelled in reputation and activity throughout the […]
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
Banking & Finance
Capital Markets
Deal & transactions
Egypt
Sarie Eldin & Partners Orchestrates Multi-Billion Islamic Financing
Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication
Global law firm Herbert Smith Freehills has appointed Matt FitzGerald (pictured) as the firm’s new Joint Managing Partner for its Global Corporate Practice and the Australia Regional Head of Practice, effective from 1 May 2024. Matt
Clyde & Co, the global law firm with a significant presence in the Middle East, has secured the approval of its Regional Headquarters (RHQ) license from The Ministry of Investment of Saudi Arabia (MISA). This
Capital Markets
Deal & transactions
Other
Restructurings
Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance
Al-Hossam Legal, played a pivotal role in Kuwait Projects Company’s (KIPCO) strategic move to divest its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transaction, valued at an impressive US$860 million, witnessed
Background
News
Saudi Arabia
Updates
Former Dentons Saudi head initiates legal action against company
Amgad Husein, the former managing partner of Dentons’ Saudi office, has taken legal action by filing a breach of contract claim against the firm in London. This move comes seven years after his departure from
Capital Markets
Transport
United Arab Emirates
Maqta Gateway Acquires 60% Equity Stake in Dubai Technologies
Under the strategic guidance of Emil Pellicer, General Counsel of AD Ports Group (pictured), Maqta Gateway, the digital arm of AD Ports Group facilitating cutting-edge trade digitalization solutions, has successfully acquired 60 percent equity stake in
