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 connectivity and fostering socio-economic growth in Tunisia. The submarine cable, built according to the latest international standards and regulations, will […]
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
Deal & transactions
TMT
United Arab Emirates
Allen & Overy advises e& enterprise on acquisition of Beehive
Global law firm Allen & Overy has provided legal counsel to e& enterprise on its recent acquisition of a majority stake in Beehive Group, a prominent peer-to-peer (P2P) lending platform. This strategic move
Deal & transactions
Other
Real Estate, Construction & Infrastructure
Sika strengthens market position with acquisition of MBCC Group
Global construction materials company Sika has successfully completed its acquisition of MBCC Group, following receipt of all necessary regulatory approvals. The acquisition is expected to strengthen Sika’s position in the global construction market,
Deal & transactions
Transport
United Arab Emirates
Emirates and Etihad partnership aim to drive UAE tourism growth
Emirates Airline and Etihad Airways have entered an interline expansion agreement that will offer travellers additional itinerary options when visiting the UAE. This first-of-its-kind agreement between the two UAE carriers aims to boost tourism to
Global law firm, White & Case has provided legal counsel to A.P. Moller Capital on its joint venture with Hassam Allam Utilities to establish an integrated logistics platform. The new platform will provide a
Dubai-based National Paints Holding (NPH) has acquired over 80% of Pachin for around EGP 770.5 million (around USD25m) in its mandatory tender offer that was executed yesterday. Shalakany acted as legal advisors
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
DLA Piper advises AD Ports on KEZAD – EAJ merger
Global law firm DLA Piper has advised AD Ports Group on the merger of KEZAD Communities with Al Eskan Al Jamae Group (EAJ), leading to the creation of the largest integrated staff accommodation firm in
