Etihad Rail, the developer and operator of the UAE National Rail Network, has entered into a 20-year partnership agreement with DHL Global Forwarding, a subsidiary of Deutsche Post DHL Group, to establish a joint venture aimed at bolstering the country’s freighter network. Under this new partnership, DHL will utilize Etihad Rail’s extensive network to conduct […]
Deal & transactions
Transport
United Arab Emirates
flydubai and Air Canada Collaborate on New Codeshare Agreement
Dubai-based carrier flydubai and Air Canada have formed a new partnership aimed at providing customers traveling between Canada, the Middle East, East Africa, the Indian Subcontinent, and Southern Asia with more convenient travel opportunities. This
Capital Markets
Egypt
Insurance
Zulficar & Partners assists Sika Group in strategic acquisition deal
Zulficar & Partners Law Firm has acted as legal counsel to Sika Group in its acquisition of 50% of MBS Construction Chemicals Egypt and 4% of MBS Construction Chemicals Trading from United Holding Company and Middle East
Banking & Finance
Food & Beverage
United Arab Emirates
Stephenson Harwood with Badia Farms on expansion investment
International law firm Stephenson Harwood has acted as legal counsel advising UAE-based agricultural company Badia Farms on its recent investment from Green Corp. This strategic investment is set to empower Badia Farms in expanding its
Baker McKenzie served as legal counsel to digital workflow company, ServiceNow in its acquisition of artificial intelligence (AI) powered platform G2K Group. G2K’s technology allows organizations to connect real‑time data across
Zulficar & Partners Law Firm (Z&P) has acted as the legal advisor to the Ministry of Finance of Egypt on the successful offering 10% of Telecom Egypt’s share, advised by ADSERO – Ragy Soliman &
Deal & transactions
Other
Real Estate, Construction & Infrastructure
TMT
Orange Tunisia expand infrastructure with Medusa Submarine Cable
Orange Tunisia has signed an agreement with Medusa Submarine Cable System, an independent submarine infrastructure operator in the Mediterranean, to host a new submarine cable in Bizerte. This agreement marks a significant step in expanding
Deal & transactions
TMT
United Arab Emirates
AIQ and BEEAH join forces to accelerate AI-Driven Sustainability Initiatives
AIQ, a pioneering technology company dedicated to advancing the transformation of the energy sector through artificial intelligence (AI), and BEEAH Group, a renowned leader in sustainability, have entered into a strategic collaboration aimed at propelling
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to National Paints Holdings (“NPH”) in connection with its mandatory tender offer (“MTO”) which resulted in NPH’s acquisition of approximately 81% of the total issued
Vodafone has announced that it has agreed to transfer its 55% shareholding in Vodafone Egypt to its sub-Saharan African subsidiary, Vodacom Group Limited, for cash and new ordinary shares in Vodacom. The transaction is valued at €2.72
