Kerten Hospitality, in partnership with Hwadi, has unveiled plans for the groundbreaking Cloud 7 Hotel project in Al Ahsa, Saudi Arabia. The project, a key component of Kerten Hospitality’s ambitious expansion in the country, is part of “The Collective by Kerten Hospitality” initiative announced with the Ministry of Tourism of Saudi Arabia in May 2023. […]
Banking & Finance
Deal & transactions
Egypt
News
Dreny and Partners Facilitates Major Commercial Paper Issuance
Dreny and Partners, led by Iman Raouf, Partner and Director of Capital Markets and Financial Services, has played a pivotal role in the third issuance of commercial paper by “Global Corp for Financial Services”, valued
Al Tamimi & Company Saudi Arabia has provided legal counsel to the National Center for Privatization (NCP), Ministry of Telecommunications and Information Technology (MCIT) and Al-Madinah Region Development Authority (MDA) in the completion of a
With Faisal Arekat (pictured), Group Senior Vice President of Legal, Governance & Company Secretary, at the helm of its legal team, DP World revealed plans for Bharat Mart, a premier Dubai marketplace scheduled to launch
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Neom and MDLBEAST to Launch Luxurious Sindalah Beach Club
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.
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
