UAE’s EDGE Group and Italian shipbuilder Fincantieri have launched a Multi-Billion Euro Joint Venture, aiming to establish a UAE-based naval manufacturing pipeline worth an estimated 30 billion euros. EDGE, an advanced technology and defence group, and Fincantieri, a prominent shipbuilding company, have signed a term sheet to create a joint venture (JV) focused on capitalizing on […]
Abu Dhabi Islamic Bank (ADIB) has launched a new payment hub, transforming the way customers conduct their transfers. The bank collaborated with real-time payment solutions company, ProgressSoft, to integrate Cross-Border Services and expedite cross-border remittances.
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Binghatti Holding Readies Inaugural US Dollar Sukuk Launch
Binghatti Holding, a prominent Emirati property development company headquartered in Dubai, is on the verge of a significant financial milestone with the impending launch of its inaugural US Dollar Sukuk. With the legal team spearheaded
Deal & transactions
Food & Beverage
United Arab Emirates
Majid Al Futtaim and Dubai Municipality Team Up for Food
Dubai Municipality and Majid Al Futtaim – Retail have joined forces in a strategic partnership aimed at ensuring the sustainable provision of essential food commodities in Dubai’s local markets. Majid Al Futtaim – Retail, the exclusive
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Bloom Holding Unveils Seville: Fifth Phase of Bloom Living
Under the legal guidance of General Counsel Giovanni Carpenzano (pictured), Bloom Holding, a prominent real estate development company in the UAE, has unveiled ‘Seville,’ the fifth phase of its integrated community, Bloom Living, in Abu
Global law firm Clifford Chance has provided legal counsel to the joint lead managers for two sukuk issuances by the Islamic Corporation for the Development of the Private Sector (“ICD”) under its Trust Certificate Issuance
In the rapidly evolving landscape of employment law in the United Arab Emirates (UAE), LegalcommunityMENA sits down with Joanna Matthews-Taylor (pictured), Partner and Head of the Employment Practice at Baker McKenzie‘s Dubai office.
Habib Al Mulla and Partners, a prominent law firm based in the UAE, has recently unveiled the promotion of four legal professionals within its ranks. These promotions underscore the firm’s commitment to recognizing talent
Appointments
Oil & Gas
United Arab Emirates
Kyle Knight Names General Counsel, Upstream at ADNOC Group
ADNOC Group has elevated Kyle Knight (pictured) to the position of General Counsel, Upstream. Reporting directly to the Chief Legal Officer, Marwan Naim Nijmeh, Knight brings over two decades of international legal, management, and operational
With Faisal Arekat (pictured), Group Senior Vice President of Legal, Governance & Company Secretary, at the helm of its legal team, DP World revealed plans for Bharat Mart, a premier Dubai marketplace scheduled to launch
