Helmy, Hamza & Partners, Baker McKenzie Cairo had advised Raya for Advanced Manufacturing (“Raya Auto“) on its agreement with Guangzhou Xiaopeng Motors Trading Co Ltd (“XPeng Motors”), a Chinese electric vehicle (EV) manufacturer. Raya Auto, a distinguished subsidiary of Raya Holding specializing in the assembly and manufacturing of four, three and two-wheeled vehicles, is set […]
Banking & Finance
Deal & transactions
E-Commerce
Other
Paymob expands into Oman by partnering with NBO
In a groundbreaking step towards fostering digital innovation and financial inclusion in Oman, the National Bank of Oman (NBO) proudly announces a strategic alliance with Paymob, a leading Payment Services Provider (PSP) recently authorized by
In a landmark ruling, the Kuwaiti Court of Cassation has dismissed Kurdistan Regional Government’s appeal against a previous judgment favoring Alcazar Capital, a subsidiary of Kuwait-based Agility. Upholding the earlier ruling by Kuwait’s
Deal & transactions
Healthcare, Pharma & Life Sciences
TMT
United Arab Emirates
e& Enterprise Launches Telemedicine Project with Burjeel Holding
e& Enterprise and Burjeel Holdings, key players in the MENA healthcare sector, have joined forces in two groundbreaking collaborations to redefine healthcare delivery in the UAE and beyond. These collaborations include the launch of
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Majid Al Futtaim Breaks Ground on Tilal Al Ghaf Projects
Under the guidance of Chief Legal Officer Hassan Basil Hassan (pictured), Majid Al Futtaim Development, part of Majid Al Futtaim, has commenced groundbreaking for two residential projects at its flagship destination, Tilal Al Ghaf.
Deal & transactions
Transport
United Arab Emirates
Oman and Etihad Rail Company partner with Al Jazeera Steel
Oman and Etihad Rail Company (OER), and Al Jazeera Steel Products Co. (AJSP) have entered into a Memorandum of Understanding (MoU) to enhance the efficiency of raw material and finished goods transportation. This strategic alliance,
Telecom Egypt, the state-owned telecommunications company, has secured a license to operate fifth-generation (5G) mobile phone services in the country, the Cabinet announced on Tuesday. The license, which costs $150 million, will allow Telecom Egypt to
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Ras Al Khaimah to launch RAK Central
Ras Al Khaimah, the northernmost emirate of the UAE, has announced the launch of RAK Central, a mixed-use development that will feature Grade A offices, residential apartments, hotels, retail and entertainment facilities. The project, which
Hafez & Partners (H&P) and DLA Piper collaborated to represent an international aircraft lessor in reclaiming its asset, an aircraft held by a lessee in violation of an Aircraft Lease Agreement. Led by
Egypt
Real Estate, Construction & Infrastructure
Abdallah & Abul Naga Law Office secured property rights worth
Abdallah and Abul Naga Law Office has successfully safeguarded the rights of a top-tier client to a property in the Arab Republic of Egypt. The property, valued at an impressive EGP 300,000,000, was under threat from
