In a groundbreaking legal triumph, Habib Al Mulla and Partners‘ esteemed tax and financial crimes team secured a resounding success in a recent taxation dispute brought before the Federal Supreme Court of the United Arab Emirates (UAE). Representing the taxpayer, the team effectively challenged the Federal Tax Authority, resulting in a landmark decision that not […]
Banking & Finance
United Arab Emirates
UAE’s Enhanced AML/CFT Framework: A Deep Dive into Cabinet Decision
Taking Measures to Combat Money Laundering and Terrorism Financing Crimes Cabinet Decision No. 109/2023 marks a significant step in the UAE’s fight against financial crime, introducing a robust and forward-thinking approach to anti-money laundering (AML)
Matouk Bassiouny & Hennawy (MBH) advises EBank on their EGP 2 billion medium-term facility agreement with Abd El Salam El Feky & Partners Matouk Bassiouny & Hennawy (MBH) provided legal counsel to the Export Development Bank
Banking & Finance
Capital Markets
Egypt
Dreny & Partners Successfully Closes EGP 984.5 Million Securitization Transaction
Dreny & Partners proudly concludes B.TECH for Trade & Distribution’s second securitization endeavor, totaling EGP 984.5 million. This transaction forms part of a comprehensive 2-year, EGP 5 billion multi-issuance program. CIB Egypt assumed the pivotal
In this exclusive interview, LegalcommunityMENA focuses on the dynamic world of international arbitration and legal reforms with Nesrine Roudane, Partner and Head of the Casablanca office at Al Tamimi & Company. With a rich background
In a global expansion of its partnership, Norton Rose Fulbright elevates 49 lawyers across 10 practices for the 2024 class. The promotions, effective January 1, 2024, span 22 offices worldwide, including South Africa where directors have been appointed. Key practice areas
Shalakany proudly announces the promotions of Rokaya Ghoneim, Ragya Shoukry, Farida Wagdy, and Mariam Osman to the position of Associate within the firm. This advancement recognizes their dedication and valuable contributions. Also, Shalakany is pleased
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) played a key role in guiding Invest Bank through its groundbreaking capital restructuring plan. This involved a landmark move where the Government of Sharjah provided a guarantee for
Global law firm Dentons has provided legal counsel to Immensa, a prominent additive manufacturing and digital inventory platform operating in the MENA region. Immensa successfully secured a substantial investment of US$20 million in its latest
The Global Association of Corporate Counsel (“ACC”) has approved the appointment of Dr. Mogy to officially take the reins as the new President and Chairman of Board of Directors of ACC Middle East and North
