Invictus Investment Company has finalised the acquisition of a 60% stake in Graderco and its subsidiaries from Zalar Holding, marking a significant move in the agro-food sector. The acquisition, after securing all necessary regulatory approvals, underscores Invictus Investment’s strategic expansion plans in key African markets, particularly Morocco. Graderco, a prominent grain and cereal trading firm […]
OSN Group has successfully finalized its acquisition of a majority stake in Anghami Inc., the leading music and entertainment streaming platform in the MENA region. This landmark transaction, which has received all necessary regulatory approvals,
Lunate, a prominent global alternative investment manager, has acquired a 40% stake in ADNOC Oil Pipelines (“AOP”) from institutional investors BlackRock and KKR. This acquisition signifies a major investment for Lunate in energy infrastructure and further
Corporate
Healthcare, Pharma & Life Sciences
United Arab Emirates
ADQ Launches Arcera: Driving Healthcare Evolution
ADQ, the prominent Abu Dhabi-based investment and holding company, has introduced Arcera, a new global holding company headquartered in Abu Dhabi, UAE, dedicated to the life sciences sector. Arcera aims to pioneer advancements in healthcare,
Banking & Finance
Deal & transactions
TMT
United Arab Emirates
FAB & Microsoft Join Forces for Next-Gen Financial Services
First Abu Dhabi Bank (FAB) and Microsoft have unveiled a strategic partnership aimed at developing cutting-edge AI-based banking capabilities. The collaboration, formalized through a partnership agreement signed today, marks the convergence of the UAE’s
Global law firm Norton Rose Fulbright is expanding its Projects practice in Dubai with the appointment of a new partner Prakruthi Gowda. Prakruthi is a highly experienced professional who has worked on numerous energy and
Appointments
IPOs
News
United Arab Emirates
Updates
Addleshaw Goddard Welcomes Anna Zeitlin to Lead the Fintech
Addleshaw Goddard announced that Anna Zeitlin has joined the partnership in Dubai as Head of Fintech & Financial Services Regulatory practice. Zeitlin is a highly experienced professional who has worked in senior positions at prominent
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
AD Ports Group and Archireef Deploy Eco Sea Wall Panels
AD Ports Group and Archireef have partnered to introduce Eco Sea Wall Panels along the shorelines of Saadiyat Island and Al Aliah in Abu Dhabi. These panels are made from natural materials such as oyster
Global law firm, Linklaters has unveiled its latest round of promotions, including the appointment of 27 new partners and 49 counsel, effective from May 1, 2024. Among the newly promoted counsel are four talented professionals based in the Middle
Deal & transactions
Energy & Trading
United Arab Emirates
EWEC and Tadweer Group Forge Green Partnership in Abu Dhabi
Under the legal guidance of Laura Thomson General Counsel at EWEC and Seif Hijazi Group General Counsel at Tadweer, EWEC (Emirates Water and Electricity Company) and Tadweer Group have partnered with a Japan-based consortium to
