Cairo, In a groundbreaking move, the Financial Regulatory Authority (FRA) has issued three pivotal decisions – decision no. 139, 140, and 141 of 2023 – nearly a year after the enactment of Law no. 5 of 2022 Regulating and Developing the Use of Financial Technology in Non-Banking Financial Activities (“Fintech Law”). These new Decisions have […]
Cairo, Egypt – In a significant move aimed at attracting foreign investments, the Cabinet of Egypt has approved a draft law to amend provisions of the Importers Register Law (Law No. 121 of 1982). The amendment allows for
Dentons has appointed Victoria White (pictured) as Global Compliance Officer, reporting to John Koski, Global Chief Legal Officer. White, a dual US/UK qualified and highly experienced General Counsel and board member, brings a wealth
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Saudi Arabia
Linklaters advises on Neom’s US$5.6B smart city deal
Neom, the planned smart city in northwest Saudi Arabia, has reached a significant milestone in its development with the finalization of contracts worth SAR 21 billion ($5.6 billion) in investments. The contracts, part of a large-scale public-private
Brooke Lindsay, Group Chief Legal & Compliance Officer at e& (formerly Etisalat Group), has been appointed to the Board of PTCL, an integrated (fixed and mobile) telecom operator in Pakistan. The announcement was
Hassan Basil (pictured) has been appointed as the Chief Legal Officer at Majid Al Futtaim Holding, a renowned retail, leisure, communities, and shopping mall group operating across the Middle East, Africa, and Asia. With this
International law firm Taylor Wessing has made a significant addition to its team by appointing Munir Suboh (pictured) as a partner in their IP and media group. Suboh, who recently served as a partner and
Saudi Arabia released the highly anticipated Civil Transactions Law (the KSA Civil Code) following its endorsement through Royal Decree No M/191 (Royal Decree). The KSA Civil Code is an all-encompassing legislation that will regulate various
Asafo & Co. provided legal services to Advanced Finance and Investment Group (“AFIG Funds”) on its acquisition of Nouvelle Mici-Embaci (“NME”) from Holea Holding, the parent company of Groupe Carré d’Or, an agro-industrial conglomerate
Multinational law firm Pinsent Masons has appointed Luke Tapp (pictured) as a member of its global Board. Tapp, based in the UAE, assumed the role of EMEA Board representative in June 2023. According to the firm’
