Matouk Bassiouny & Hennawy (MBH) has acted as legal counsel to Dentsu in the acquisition of a 100% stake in its Egyptian subsidiary, Dentsu Creative for Media and Advertising Services S.A.E. (Dentsu Egypt). In 2016, Dentsu Aegis Network Ltd. had acquired a 51% stake in Dentsu Egypt, integrating it into the digital marketing agency Isobar, […]
ALC Lawyers & Counsels, an Omani law firm, has signed memorandums of association with some diplomatic bodies in Oman, including the Republic of Austria’s embassy. The firm will handle the legal work for the
In a landmark ruling, the Kuwaiti Court of Cassation has dismissed Kurdistan Regional Government’s appeal against a previous judgment favoring Alcazar Capital, a subsidiary of Kuwait-based Agility. Upholding the earlier ruling by Kuwait’s
Deal & transactions
Healthcare, Pharma & Life Sciences
TMT
United Arab Emirates
e& Enterprise Launches Telemedicine Project with Burjeel Holding
e& Enterprise and Burjeel Holdings, key players in the MENA healthcare sector, have joined forces in two groundbreaking collaborations to redefine healthcare delivery in the UAE and beyond. These collaborations include the launch of
Corporate
Education
United Arab Emirates
DP World Launches USD35 Million Global Education Initiative
DP World, under the guidance of Faisal Arekat (pictured), Group Senior Vice President of Legal, Governance & Company Secretary, has unveiled its Global Education Platform as part of a $35 million commitment to educational initiatives by 2030.
Al Tamimi & Company, has signed a cooperation agreement with the Oman Manufacturers Association (OMFA), a non-profit organization that represents the interests of the manufacturing sector in Oman. The agreement aims to enhance the legal
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Majid Al Futtaim Breaks Ground on Tilal Al Ghaf Projects
Under the guidance of Chief Legal Officer Hassan Basil Hassan (pictured), Majid Al Futtaim Development, part of Majid Al Futtaim, has commenced groundbreaking for two residential projects at its flagship destination, Tilal Al Ghaf.
Deal & transactions
Transport
United Arab Emirates
Oman and Etihad Rail Company partner with Al Jazeera Steel
Oman and Etihad Rail Company (OER), and Al Jazeera Steel Products Co. (AJSP) have entered into a Memorandum of Understanding (MoU) to enhance the efficiency of raw material and finished goods transportation. This strategic alliance,
Telecom Egypt, the state-owned telecommunications company, has secured a license to operate fifth-generation (5G) mobile phone services in the country, the Cabinet announced on Tuesday. The license, which costs $150 million, will allow Telecom Egypt to
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Ras Al Khaimah to launch RAK Central
Ras Al Khaimah, the northernmost emirate of the UAE, has announced the launch of RAK Central, a mixed-use development that will feature Grade A offices, residential apartments, hotels, retail and entertainment facilities. The project, which
