In a groundbreaking collaboration, Neom, the futuristic Saudi Arabian city project, has joined forces with Mdlbeast, a prominent Saudi music entertainment company, to introduce an exclusive beach club experience on Neom’s luxury island, Sindalah. Under the guidance of Neom’s Chief Legal Officer, Stefan Ricketts (pictured), this partnership marks a significant milestone in the development of […]
Banking & Finance
Capital Markets
Deal & transactions
Egypt
MBH Supports ADNOC Group in Major Joint Venture with bp
Matouk Bassiouny & Hennawy has played the role of local counsel to ADNOC Group in a landmark joint venture agreement with global energy giant BP. This partnership will drive the development of key gas assets
Under the guidance of Sunanda Holmes (pictured), Vice President and General Counsel, The American University in Cairo (AUC) has joined forces with Beltone Holding in a pioneering collaboration. Beltone Holding’s educational division, Beltone Academy,
Deal & transactions
Saudi Arabia
Transport
Stadler Inks CHF600 Million Major Deal with Saudi Arabia Railways
Stadler, a Swiss company specializing in providing mobility solutions for railway transportation, has finalized a significant agreement with the Saudi national railway company, Saudi Arabia Railways (SAR). The agreement, valued at approximately 600 million Swiss francs,
Capital Markets
Deal & transactions
Egypt
Redcon Properties Announce Strategic Expansion of Golden Gate
Redcon Properties announced the strategic sale of its administrative building at the Golden Gate project to Bonyan for Development and Trade, a prominent commercial real estate investment company. This transaction marks Bonyan’s eighth asset
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar Ventures into European Real Estate Market with Carlyle
Under the legal guidance of General Counsel Emma O’Brien (pictured), Aldar Properties (“Aldar”) has added further weight to its international expansion plan with an AED 407 million (USD 111 million) investment in logistics and storage assets
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KAFD DMC Accelerates Development Through Key Collaborations
At the recent Public Investment Fund’s (PIF) Private Sector Forum, The King Abdullah Financial District Development and Management Company (KAFD DMC) unveiled a series of groundbreaking partnerships and collaborations under the guidance of Chief
Capital Markets
Deal & transactions
Energy & Trading
Industrial
Oil & Gas
Saudi Arabia
TMT
Baker Hughes and Dussur Inaugurate Joint Venture in Saudi Arabia
Baker Hughes, a leading energy technology company, and Dussur, a consortium owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), announced the official inauguration of their joint
Banking & Finance
Capital Markets
Deal & transactions
Egypt
Sarie Eldin & Partners Orchestrates Multi-Billion Islamic Financing
Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication
Capital Markets
Deal & transactions
Other
Restructurings
Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance
Al-Hossam Legal, played a pivotal role in Kuwait Projects Company’s (KIPCO) strategic move to divest its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transaction, valued at an impressive US$860 million, witnessed
