In a landmark development, Siemens Mobility and Hassan Allam Construction have been awarded the contract to design and build the railway systems and integration for the Abu Dhabi – Sohar railway link. This project marks the first-ever cross-country railway network in the Middle East and the Arab world, connecting the Emirati capital Abu Dhabi in […]
Banking & Finance
Capital Markets
Industrial
United Arab Emirates
ADQ and OIA Launch US$180 Million Tech Fund
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
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
