ADQ, a leading Abu Dhabi investment and holding company, announced the launch of the Jasoor Fund, a US$180 million technology-focused fund, in partnership with the Oman Investment Authority (OIA) represented by ITHCA Group. The Jasoor Fund aims to fuel the digital economy in Oman and the wider Middle East and North Africa (MENA) region. It […]
Clyde & Co, has announced the expansion of its Middle East and Africa (MEA) employment group with the appointment of partner Ben Brown and senior associate David True. Both join from Addleshaw Goddard and will
Beltone Holding (“Beltone”), a leading financial institution, announced that its venture capital arm, Beltone Venture Capital (“BVC”), has entered into a partnership agreement with CI Venture Capital, a subsidiary of prominent UAE-based investment management firm
International law firm, Trowers & Hamlins, has appointed Nikita Patel (pictured) as a Partner in its International Dispute Resolution and Litigation team, based in Dubai. With over a decade of experience in the Middle East
Banking & Finance
United Arab Emirates
Clifford Chance Guides SC Ventures-SBI Holdings Joint Venture
Global law firm, Clifford Chance, has advised SC Ventures, the innovation and fintech investment arm of Standard Chartered, on its collaboration with SBI Holdings, a Japanese financial conglomerate. Together, they are establishing a digital asset
Appointments
Healthcare, Pharma & Life Sciences
United Arab Emirates
Shatha Bakhsh Promoted to Director at Align Technology
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,
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
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
