UAE’s EDGE Group and Italian shipbuilder Fincantieri have launched a Multi-Billion Euro Joint Venture, aiming to establish a UAE-based naval manufacturing pipeline worth an estimated 30 billion euros. EDGE, an advanced technology and defence group, and Fincantieri, a prominent shipbuilding company, have signed a term sheet to create a joint venture (JV) focused on capitalizing on […]
Deal & transactions
Other
Real Estate, Construction & Infrastructure
TMT
DAMAC’s Edgnex and Vodafone to Build $100M Data Center in
DAMAC Properties is making significant strides in digital infrastructure investment. Teaming up with British telecoms operator Vodafone, Edgnex Data Centres by DAMAC is embarking on a groundbreaking venture worth $100 million to establish a new data
Deal & transactions
Food & Beverage
United Arab Emirates
Majid Al Futtaim and Dubai Municipality Team Up for Food
Dubai Municipality and Majid Al Futtaim – Retail have joined forces in a strategic partnership aimed at ensuring the sustainable provision of essential food commodities in Dubai’s local markets. Majid Al Futtaim – Retail, the exclusive
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Bloom Holding Unveils Seville: Fifth Phase of Bloom Living
Under the legal guidance of General Counsel Giovanni Carpenzano (pictured), Bloom Holding, a prominent real estate development company in the UAE, has unveiled ‘Seville,’ the fifth phase of its integrated community, Bloom Living, in Abu
With Mike Sosso (pictured), BP’s EVP Legal at the helm, the global company is set to make substantial investments in Egypt’s development and exploration activities, with plans to inject USD1.5 billion into the
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Addleshaw Goddard Guides Hwadi in Cloud 7 Hotel Project
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
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.
