EDGE Group, a technology conglomerate based in Abu Dhabi, has entered into a strategic partnership with Spain’s Indra Sistemas, a renowned information technology and defence systems company, to venture into the global advanced radar domain. The collaboration, formalized through a Joint Venture (JV) agreement, marks a significant milestone in the strategic expansion of both companies. Under […]
With Badreldin Elmogadam, SVP- Head of Legal Affairs Division (pictured), at the helm of its legal department, Ajman Bank has recently forged a strategic partnership with KPMG ESG Services, marking a significant step in its
Global law firm Norton Rose Fulbright has successfully advised bp on its strategic entry into a joint venture (JV) with the Abu Dhabi National Oil Company (ADNOC) in Egypt. Under the terms of the
Apex International Energy, a leading energy company, has announced a significant partnership with the Egyptian Natural Gas Company (GASCO) during the Egypt Energy Show (EGYPES) 2024 The partnership, formalized through a Memorandum of Understanding (MOU), will
Deal & transactions
Transport
United Arab Emirates
Eversheds Sutherland Guides Joby’s Dubai Air Taxi Launch
Global law firm Eversheds Sutherland advised California-based Joby Aviation in its definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with initial operations targeted
The global insurance industry experienced a significant decline in mergers and acquisitions (M&A) activity in 2023, reaching its lowest point in a decade, according to a report released by law firm Clyde & Co.
Telecom Egypt, the integrated operator of communications and Information Technology services in Egypt, has entered into a strategic partnership with Huawei during the Mobile World Congress (MWC 2024) to deploy 5G network infrastructure. This collaboration underscores
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KN&P Facilitates Al-Akaria’s Sidrat Al Ula Agreement
Saudi Real Estate Co. (“Al-Akaria”) has inked a significant Development Management Agreement, facilitated by KN&P. This agreement, signed with the Royal Commission for Al Ula and Al Ula Development Company, paves the way
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Dubai South & Aldar Launch Joint Venture for Grade A
Dubai South, a prominent urban master development, and Aldar Properties (“Aldar”)have joined forces to embark on a joint venture aimed at developing Grade A logistics facilities within Dubai South’s Logistics District. The
Deal & transactions
Education
Egypt
Industrial
Oil & Gas
Egypt Boosts Skill Development with New Technical Schools
The Egyptian Ministry of Petroleum and Mineral Resources, in collaboration with Eni and local entities, signed significant cooperation agreements to establish new Applied Technical Schools in Damietta and Marsa Matrouh governorates. These schools, operated
