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 & Partners Law Firm, representing Keramika Magenta, played a crucial role in this partnership. The firm’s team, spearheaded by Habiba […]
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
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
AD Ports Group, a global leader in trade facilitation, logistics, and industry, has recently signed a 20-year concession agreement with Unicargas and Multiparques to operate and enhance the Luanda Multipurpose Port Terminal. This landmark agreement,
ADQ and OIA Launch US$180 Million Tech Fund
ADQ, a leading Abu Dhabi investment and holding company, announced the launch of the Jasoor Fund, a US$180 million technology-focused fund, in partnership with the Oman Investment Authority (OIA) represented by ITHCA Group. The Jasoor
Global law firm, Baker McKenzie has advised Allianz Group, a renowned global insurer and asset manager, on the divestment of its 51% shareholding in Allianz Saudi Fransi Cooperative Insurance Co (Allianz Saudi Fransi) to Abu Dhabi
Linklaters Guides Consortium in Aster DM Healthcare Deal
International law firm Linklaters has provided legal counsel in the landmark US$813 million acquisition financing of Aster DM Healthcare’s GCC business. The transaction saw a consortium of regional financiers providing acquisition financing facilities to
Shatha Bakhsh Promoted to Director at Align Technology
In a recent LinkedIn announcement, Shatha Bakhsh (pictured) shared her promotion to Director, Managing Counsel Middle East, Turkey, and Africa at Align Technology, a global medical device company. Bakhsh, who is a Member of Europe,
PIF and STC Group are forming the largest telecom tower
The Public Investment Fund (PIF) and Saudi Telecommunications Company (STC Group) have signed definitive agreements to form the region’s largest telecom tower company. PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL)