ADQ, an Abu Dhabi-based investment and holding company, discussed a range of investment opportunities with Oman Investment Authority (“OIA”), across a variety of sectors aimed at contributing to increased economic cooperation and trade between both nations. This comes on the sidelines of the President of the UAE’s visit to Oman. ADQ and OIA recently entered into […]
EKP has announced the merger of Walid Merhej Law Firm into El-Khoury & Partners Legal Counsel (“EKP”), effective September 1, 2022. The joining of the two regionally recognized law firms based in Beirut resulted in the appointment of a new partner, Walid Merhej (pictured), as well as the addition of two lawyers to the Beirut […]
Insurance
News
United Arab Emirates
Orient Insurance fails to reclaim $340m for Address Downtown fire
Orient Insurance, part of UAE’s Al-Futtaim Group, has lost a claim case to recover the amount it paid to Emaar Properties for losses resulting from the fire that broke out at the Address Downtown hotel. Following the blaze that broke out at the Address Downtown Hotel on New Year’s Eve in 2015, Orient Insurance has […]
The legal team at National Bank of Egypt (“NBE”) has recently been recognised by the Central Bank of Egypt for obtaining ISO certification along with several international and regional awards. A few months back, NBE has successfully obtained the “ISO 9001/2015” certificate in the field of Quality Management of the legal group, granted by the […]
EKP’s associated office in Riyadh, Khulaif AlEnezee Legal Counsel Company (“Al-Enezee”), has appointed Jeffrey Greene as a new partner to the firm’s corporate practice group, effective 1 September 2022. Greene is a seasoned transactional lawyer with more than 25 years of experience, more than a decade of which has been in the GCC. Greene’s practice […]
International law firm Baker McKenzie will cut ties with UAE based law firm following controversial remarks made on social media by the Firm’s principal, Habib Al Mulla. In a statement on Baker McKenzie’s website the firm said: “Baker McKenzie and Dr Habib Al Mulla can confirm they will be parting ways. The separation process is underway, and […]
Egypt
News
Real Estate, Construction & Infrastructure
Misr Italia Properties invests USD 77m in launch of Vinci Lagoons
Egyptian real estate developer, Misr Italia Properties, the real estate subsidiary of Misr Italia Holding, has launched the new phase of Vinci project with an investment of EGP1.50 billion (USD77.3 million). The new Cairo residential project Vinci Lagoons New Capital spans over 110 acres, near the Diplomatic District in the New Administrative Capital (“NAC”). The project […]
Healthcare, Pharma & Life Sciences
News
Other
Trowers & Hamlins: RCSI Bahrain launches new solar farm project
The Royal College of Surgeons in Ireland – Medical University of Bahrain (“RCSI Bahrain”) has successfully completed the development and launch of its campus solar farm project. Covering 12,000 sqm, the solar farm is expected to be completed in January 2023. RCSI Bahrain is a constituent university of RCSI, which was established in Dublin, Ireland […]
Abu Dhabi-headquartered international energy company, Mubadala Petroleum, has unveiled its new brand name – Mubadala Energy. The new brand reflects a fresh strategic direction that will see Mubadala Energy build on its contribution to the energy transition by expanding its gas-weighted portfolio in areas such as LNG while exploring new energy sectors. The strategy also […]
Global law firm Gowling WLG has strengthened its presence in the MENA Region with the opening of a new office in Abu Dhabi. The firm’s has been operating out of its MENA regional office in Dubai since 2007. Gowling WLG’s UAE team includes multilingual lawyers who combine international expertise with local knowledge and influence supporting […]
