In a recent LinkedIn announcement, Shatha Bakhsh (pictured) shared her promotion to Director, Managing Counsel Middle East, Turkey, and Africa at Align Technology, a global medical device company. Bakhsh, who is a Member of Europe, Middle East, and Africa leadership team, will be responsible for overseeing legal affairs and risk management across the region. Her […]
International law firm Simmons & Simmons has unveiled its roster of partner promotions for 2024, comprising 11 lawyers from six countries spanning the UK, Europe, and the Middle East. The promotions are set to take effect on
Appointments
Services
United Arab Emirates
Tony Blair Institute Appoints Carine Geagea a Head of Legal
The Tony Blair Institute for Global Change has elevated Carine Geagea (pictured) to the role of Head of Legal for the Middle East & Europe region, as per a post shared by Geagea on her
Banking & Finance
Capital Markets
Saudi Arabia
TMT
PIF and STC Group are forming the largest telecom tower
The Public Investment Fund (PIF) and Saudi Telecommunications Company (STC Group) have signed definitive agreements to form the region’s largest telecom tower company. PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL)
Capital Markets
Insurance
Saudi Arabia
United Arab Emirates
ADNIC Finalizes Purchase of 51% Stake in Allianz Saudi Arabia
Abu Dhabi National Insurance Company (ADNIC) has successfully acquired a 51 percent stake in Allianz Saudi Fransi Cooperative Insurance Company in Saudi Arabia. This strategic move positions ADNIC as a prominent Tier-1 insurer in Saudi
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Smart Urban Living: Aldar-Siemens Initiative at Saadiyat Grove
Aldar Properties and Siemens join forces to transform Saadiyat Grove into a global smart living exemplar. Using Siemens’ Xcelerator portfolio and Building X platform, Aldar will introduce the UAE’s first cloud-based smart district management
Asafo & Co. advises AFIG Funds (AFIG) and NME (Nouvelle Mici Embaci) on Injaro Investment Advisors’ equity investment in NME, a prominent packaging company in Côte d’Ivoire. Injaro Investment Advisors, through its fund
Deal & transactions
Transport
United Arab Emirates
Freshfields Guides DP World in Seafreight Business Deal
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising in DP World’s latest move within the global supply chain landscape. Freshfields is advising DP World, the renowned company in global supply chain solutions headquartered
International law firm Clyde & Co has unveiled the promotion of 19 new partners, effective May 1, 2024. These appointments bolster the firm’s sectoral prowess worldwide, spanning Aviation, Disputes, Insurance, and Energy, Marine & Natural Resources. With
Allen & Overy (A&O) and Shearman & Sterling (Shearman) have appointed David Foster (pictured) as the regional managing partner for the Middle East, Turkey, and Africa for the combined firm A&O
