Venture Capital funding in Egypt maintained its growing path for the fifth consecutive year, rising by 3% to USD517M in 2022, without reporting any MEGA deal. Egypt is quickly becoming an attractive destination for venture investment, and given its potential, it is likely that we will see even more growth in the coming years. The […]
Lebanese law firm, Hage-Chahine, has opened a new office in Paris, France. The firm will provide legal services in France and other Francophone Civil Law Jurisdictions and will also serve the interests of French businesses operating in the Middle East and Europe. Hage-Chahine’s Paris office offers comprehensive legal advice to a variety of industries, […]
Watson Farley & Williams (“WFW”) has secured a favourable judgment for its client Gulf Wings (“Gulf Wings”) before the Dubai International Financial Centre (“DIFC”) Court of Appeal in the case Gulf Wings FZE v A & K Trading Limited (1) Mr Kamel Abou Aly (2) Mr Ahmed Abouhashima (3) CA-014-2 022. Gulf Wings successfully obtained contempt orders against […]
LegalcommunityMENA kicks of 2023 with the launch of a new series called “From MENA to the WORLD”. The series aims to shed light on the latest law updates and amendments in MENA countries. Each month, LegalcommunityMENA will be interviewing a lawyer to discuss the updates in their domicile country. The goal with this series is […]
Global law firm Norton Rose Fulbright has appointed Scott Atkins (pictured), the firm’s Australia chair, as the firm’s global chair effective January 1, 2023. In this leadership role, Atkins will help to drive the execution and achievement of the global firm’s strategy and efforts to maintain consistently excellent client service around the world. The firm’s […]
Riad & Riad (“R&R”) has successfully closed a settlement agreement between one of the leading energy companies in the Middle East and a leading state-owned Chinese EPC contractor. The parties had a Euro 40 million construction arbitration dispute under the rules of Dubai International Arbitration Center (“DIAC”). The dispute was relating to delay in implementing […]
Al Tamimi & Company relocates to new premises in the Eastern Province of the Kingdom of Saudi Arabia (“KSA”), as part of their KSA growth plans. The move will see the firm in Al Khobar shift to a bigger office space in order to accommodate their growing team. The office in Abdulhadi Al Hugayet Tower is located […]
Shahid Law Firm has successfully secured a win in the appeal court for its client, MBC Group, in the dispute against actor Mohamed Ramadan. The court amended the judgement, raising the compensation to be circa EGP 20 million, plus interest. The case arises out of Ramadan’s breach of contract, and failure to work on multiple […]
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, partner DSV Global Transport and Logistics has become the carrier’s first partner to purchase sustainable aviation fuel (“SAF”) to offset the carbon emissions of its cargo shipment. Etihad’s first NetZero transatlantic flight from Washington Dulles to Abu Dhabi utilised SAF combined with SAF Book […]
At the Principe di Savoia Hotel in Milan, the Foodcommunity Awards 2022 honoured chefs, formats, concepts, restaurants and brands in the food & beverage sector that have distinguished themselves over the past year for business growth. The event, in its sixth edition, is the result of a process of analysis of news and research carried […]