In a landmark development, Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale of Goods (CISG), solidifying its commitment to enhancing international trade relations and fostering a more predictable global commercial environment. With this accession, Saudi Arabia becomes the 96th State Party to the CISG, a universally recognized […]
The decision establishes that the Amended CCPA is equivalent to DIFC’s DP Law 2020 and aligns with global data protection standards The DIFC Commissioner of Data Protection has issued a landmark adequacy decision on the
Alastair Glover has recently joined the law firm Stephenson Harwood LLP as a partner, strengthening their private wealth practice. He is based in the firm’s Dubai office. With over 15 years of experience, Alastair specializes
In a significant financial move, Matouk Bassiouny & Hennawy (MBH), a prominent legal firm, has provided expert legal counsel to Reefy Microfinance, the micro-financing subsidiary of CI Capital, for its impressive EGP 700 million Securitized bonds
In a significant collaborative effort, both Jones Day and Shahid Law Firm have played pivotal roles in assisting TotalEnergies with its recent acquisition of Total Eren Holding and its subsidiary entities. This strategic move, aimed
The Dubai International Financial Centre (DIFC) Courts have announced their performance results for the first half of 2023. These figures demonstrate a remarkable increase in the total value of claims and highlight the growing prominence of
In a move that underscores its commitment to becoming a regional investment powerhouse, Saudi Arabia has unveiled a joint initiative aimed at enticing multinational groups (MNGs) to establish their regional headquarters (RHQs) within the Kingdom.
Saudi Arabia’s Public Investment Fund (PIF) is setting up a company to offer services such as utilities, energy and waste management as well as maintenance, housekeeping, security, and landscaping services to key industries that
Abu Dhabi, UAE: With ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured) at the helm of its legal department, Abu Dhabi National Oil Company, a prominent player in the energy sector with substantial
Ibrahim .N. PARTNERS is helping Ajman Bank raise for an
Ibrahim .N. PARTNERS Helps Ajman Bank Raise AED 550 Million in Oversubscribed Rights Issue Dubai-based law firm Ibrahim .N. PARTNERS has played a pivotal role in Ajman Bank’s recent successful AED 550 million Rights Issue. The