Amr&Partners acted as legal advisors to Abu Dhabi Tourism Investment Company in preparing and negotiating the management agreement with French hospitality firm Accor. The deal will lead to a USD 100 million investment in Egypt. Amr&Partners’ team The firm’s team comprised founding and managing partner Mohamed Sameh Amr (pictured – left) and senior associate Essam […]
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
Helmy Hamza&Partners Baker McKenzie with Banque Misr
Helmy Hamza&Partners Baker McKenzie acted as lender’s counsel for Banque Misr. The legal firm’s role relates to the financing of Egyptian real estate developer Landmark Developments (“LDM”). Banque Misr, Egbank, and
Real Estate, Construction & Infrastructure
United Arab Emirates
Clyde&Co is legal advisor to DFF on its property tech
Clyde & Co has announced it will take the role of lead legal adviser to the Dubai Future Foundation (DFF) on its property tech Sandbox. The project is aimed at fostering innovation in the real
Banking & Finance
Real Estate, Construction & Infrastructure
Helmy, Hamza & Partners Baker McKenzie with Banque Misr on
Helmy, Hamza & Partners, Baker McKenzie Cairo office, has advised Banque Misr and a consortium of seven participating banks as lenders in connection with a real estate financing to Palm Hills Developments, one of Cairo-based
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
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 (
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Smart Urban Living: Aldar-Siemens Initiative at Saadiyat Grove
Aldar Properties and Siemens join forces to transform Saadiyat Grove into a global smart living exemplar. Using Siemens’ Xcelerator portfolio and Building X platform, Aldar will introduce the UAE’s first cloud-based smart district management
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
Updates
MBH Advises on Rixos Premium Alamein Hotel Agreement
Matouk Bassiouny & Hennawy (MBH) has successfully acted as the legal counsel for the owning company in negotiating and concluding the management agreement with Rixos, a part of Accor’s portfolio, one of the world’
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Alpha Dhabi Holding Divests 49% Stake to ADQ
Alpha Dhabi Holding (ADH) has announced its decision to divest 49% of its subsidiary, Alpha Dhabi Construction Holding (ADCH), to ADQ, an Abu Dhabi-based investment and holding company. Under the terms of the agreement, Alpha Dhabi
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Olayan and Lunate Acquire Stakes in ICD Brookfield Place
In a significant move in the realm of real estate investment, the Investment Corporation of Dubai (ICD) and Brookfield Corporation have announced an agreement with Olayan Financing Company and Lunate for the sale of a 49
