ADNEC Group has entered into a Memorandum of Understanding (MoU) with Tadweer Group, marking a significant step towards bolstering collaboration in waste management and sustainability initiatives. The MoU encompasses a broad spectrum of activities aimed at introducing comprehensive waste management systems and solutions. Both parties are committed to promoting sustainable practices and harnessing the value […]
Corporate
Deal & transactions
Egypt
Opinions
Saudi Arabia
United Arab Emirates
PwC Report: Diversification Fuels 2024 M&A Boom in Middle East
The winds of change are blowing across the business landscape of the Middle East. With a focus on economic diversification and a growing embrace of clean energy and technology, the region is poised for a
Deal & transactions
Transport
United Arab Emirates
Mubadala’s Sanad Extends Partnership with Asiana Airlines
Sanad, a global aerospace engineering and leasing solutions provider under Abu Dhabi’s Mubadala Investment Company (Mubadala), has strengthened its collaboration with Asiana Airlines, South Korea’s second-largest airline, through a five-year contract extension valued
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Olayan and Lunate Acquire Stakes in ICD Brookfield Place
In a significant move in the realm of real estate investment, the Investment Corporation of Dubai (ICD) and Brookfield Corporation have announced an agreement with Olayan Financing Company and Lunate for the sale of a 49
Deal & transactions
Education
Energy & Trading
United Arab Emirates
NYUAD and Dolphin Energy Forge Partnership for Sustainability
Dolphin Energy and New York University Abu Dhabi (NYUAD) have forged a groundbreaking agreement, in a bid to bolster sustainability and climate change research. This partnership aims to elevate environmental stewardship and empower
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO and Dustour Marine: Boosting Maritime Tourism in Abu Dhabi
Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with Dustour Marine Wooden Boats Trading Establishment to spearhead a groundbreaking project aimed at bolstering the Emirate’s coastal development and fostering maritime tourism.
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco Awards $7.7B Contracts for Fadhili Gas Plant Growth
Saudi Arabia’s Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded engineering, procurement, and construction (EPC) contracts totalling $7.7 billion for the expansion of its Fadhili Gas Plant in the
Banking & Finance
Deal & transactions
United Arab Emirates
Innovating Trade Finance: RAKBANK and DP World Collaborate
UAE based financial establishment, RAKBANK has entered into a strategic partnership with DP World, a global leader in logistics and trade solutions. This collaboration aims to provide businesses of all sizes with innovative and cost-effective
Banking & Finance
Deal & transactions
E-Commerce
Other
Regulatory
T&H Advises National Finance Co. on Historic Bond Issuance
Trowers & Hamlins has successfully advised National Finance Co. S.A.O.G. (NFC) on the issuance of OMR25,000,000 unsecured, perpetual, and subordinated bonds, with a greenshoe option to increase the maximum issuance size to
Deal & transactions
Food & Beverage
Saudi Arabia
Green Corp Expands Portfolio with Acquisition of Emad Bakeries
Green Corp has announced the acquisition of Emad Bakeries, a prominent industrial bakery based in Jeddah, in a strategic move aimed at bolstering its foothold in the Saudi food processing sector. This acquisition marks a
