Under the legal guidance of Rick Ward, Group General Counsel (pictured), Emirates, one of the world’s largest international airline, has entered into contracts with Safran valued at over $1.2 billion. The major deal includes a $1 billion agreement for Safran Seats to supply the latest generation seats for Emirates’ new fleet of Airbus A350, Boeing […]
Almarai, a vertically integrated dairy business listed on the Tadawul stock exchange with a substantial market cap of 15 USD billion, has appointed Spyros Zampelis as its Group General Counsel. With over 22 years of legal experience
Education
Egypt
News
Real Estate, Construction & Infrastructure
Hafez & Partners on Inauguration of TSFE Cosmic Village Schools
The Sovereign Fund of Egypt (TSFE), a client of Hafez & Partners, celebrated a significant milestone with the inauguration of four schools in the first phase of the Cosmic Village land development. Hafez & Partners
Global law firm HFW acted as legal counsel on the launch of the shipping industry’s inaugural sustainable fund. The fund, known as Low Emission Methanol Shipping Company (LEMSCO), was initiated by maritime investment advisor
Deal & transactions
TMT
United Arab Emirates
Al Tamimi & Co. and Harvey Transforming MENA Legal Landscape
In a strategic move set to revolutionize the legal landscape in the Middle East and North Africa, Al Tamimi & Company, the region’s premier law firm, has joined forces with Harvey, a leading provider
Clifford Chance has acted as issuer’s counsel to SAL Logistics Services Co. on its SAR 2.544 billion (approx. US$678.4 million) landmark IPO with an implied market capitalization at listing of SAR 8.84 billion (approx. US$ 2.261 billion),
Deal & transactions
Egypt
Energy & Trading
Real Estate, Construction & Infrastructure
Sodic and EME Collaborate on VYE Solar Project in Cairo
Sodic, an Egypt-based real estate developer, has joined forces with Electro-Mechanical for Energy (EME) solar company, to initiate the installation of 400 rooftop solar panels at VYE, Sodic’s mixed-use development in West Cairo. Overseeing
Egypt
Real Estate, Construction & Infrastructure
Egyptian Cabinet Tightens Rules for Foreign Real Estate Ownership
The Egyptian Cabinet has finalized drafting an amendment to law no.230/1996 regulating the ownership of real estate and lands by foreigners. The amendment will require foreigners to transfer the payment for real estate purchases to
Deal & transactions
Industrial
Saudi Arabia
PIF and Pirelli Announce Joint Venture for Saudi Tyre Plant
Legal Advisors Abdulaziz Alajlan & Partners, in collaboration with Baker McKenzie offices in London, Milan, and Dubai, have provided legal counsel to the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, in
Allen & Overy (A&O) and Inflexion Private Equity have unveiled an exciting strategic partnership aimed at driving the ongoing expansion of aosphere. The legal and compliance data subscription platform is set to evolve
