Clyde & Co has advised Big Bus Tours, one of the world’s largest operators of open-top sightseeing tours, on the acquisition of Tour Dubai. In line with the Group’s strategy to offer its customers an increasing range of experiences around the world, the move strengthens Big Bus Tours’ presence in the Middle East. Clyde & […]
Banking & Finance
Real Estate, Construction & Infrastructure
Property Finder’s financing from Francisco Partners
White & Case has advised Property Finder, a Dubai-based real estate platform that operates primarily in the UAE and has recently expanded into Qatar, Bahrain, Egypt, Saudi Arabia and Turkey, on its US$90 million in
Zaki Hashem & Partners announced its advisory role in the establishment of Noqood Finance SAE. The firm has successfully guided Noqood Holding in obtaining a license from the Financial Regulatory Authority for the newly established
Stephenson Harwood, a global law firm, has recently announced the adoption of the legal artificial intelligence (AI) tool, Harvey. The firm plans to deploy this tool across its offices worldwide, including those in the Middle
Banking & Finance
Capital Markets
Deal & transactions
Industrial
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
BlackRock and KSA PIF Sign Investment Management MoU
BlackRock, the world’s largest asset manager, has entered into a non-binding Memorandum of Understanding (MoU) with the Public Investment Fund (PIF) of Saudi Arabia. The MoU outlines the establishment of BlackRock Riyadh Investment Management (
Corporate
Deal & transactions
Egypt
Industrial
Villeroy & Boch’s in Partnership with Keramika Magenta
Matouk Bassiouny & Hennawy (MBH), has successfully advised Villeroy & Boch, a renowned German ceramics manufacturer, on their new partnership with Keramika Magenta. This collaboration marks Villeroy & Boch’s strategic move to start manufacturing
Capital Markets
Egypt
Industrial
Restructurings
Updates
Amr & Partners Paves the Way for Villeroy & Boch’s
Villeroy & Boch, an international ceramics manufacturer, has successfully established its manufacturing presence in Egypt. This milestone was achieved through a strategic partnership with Keramika Magenta, a prominent player in the local ceramics industry. Amr &
Capital Markets
Competition & Antitrust
Egypt
Industrial
White Collar Crime
MBH Secures Favorable Settlement for Misr Beni Suef Cement CO
Matouk Bassiouny & Hennawy (MBH) announced a successful settlement for Misr Beni Suef Cement CO. in a prolonged dispute before the Egyptian courts. The dispute was related to an arbitral award issued by CRCICA in 2022
Saudi Arabia’s low-cost airline, Flynas, has announced its intention to list shares on the Tadawul stock exchange this year. This move aligns with Saudi Arabia’s broader ambitions to expand its aviation sector and
Deal & transactions
Transport
United Arab Emirates
Historic Cross-Country Railway Project Connects UAE and Oman
In a landmark development, Siemens Mobility and Hassan Allam Construction have been awarded the contract to design and build the railway systems and integration for the Abu Dhabi – Sohar railway link. This project marks the
