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 offer 5G services for 15 years, without any extensions or additional benefits. The company is the first and only […]
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
Youssef + Partners law firm has announced a strategic partnership with Harvey, in generative artificial intelligence for the legal industry. This partnership aims to integrate cutting-edge and industry-standard secure AI technology into the firm’s legal
Dentons has advised Al Rajhi Bank on a SAR 1.9 billion murabaha facility agreement with Jabal Omar Development Company, one of the largest real estate developers in the region and a major listed company on the
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Hafez & Partners Secures Victory in AD-HOC Arbitration Case
Hafez & Partners‘ Disputes Team has secured a major win for their client in an ad-hoc arbitration proceeding held at CRCICA. The firm represented the respondent in this case and successfully persuaded the arbitral tribunal
Fawry FMCG, a leading provider of financial technology solutions for the consumer goods sector, has announced a strategic partnership with Edita Food Industries, one of the largest food manufacturers in Egypt, to offer innovative
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
Arabia Investments Holding Completes Debt-to-Equity Swap
Barakat, Maher & Partners, in association with Clyde & Co, has provided legal counsel to Arabia Investments Holding, a publicly listed company on the Egyptian Exchange, regarding the sale of 98% of Arabian International Contracting through
Deal & transactions
TMT
United Arab Emirates
e& and KEZAD Communities Bridge Digital Divide in Razeen City
In a move to enhance the living experience for residents of Razeen Worker Residential City in Abu Dhabi, eisalat by e& and KEZAD Communities have entered into a strategic partnership to upgrade the city’
