AD Ports Group and Archireef have partnered to introduce Eco Sea Wall Panels along the shorelines of Saadiyat Island and Al Aliah in Abu Dhabi. These panels are made from natural materials such as oyster shell powder and are designed to revitalize marine ecosystems in areas impacted by development. Installed as a proof of concept […]
Clifford Chance on Cenomi Properties $500 Million Sukuk Issuance
Global law firm Clifford Chance has advised the joint lead managers for a significant sukuk issuance totalling US$500 million by Arabian Centres Company, also known as Cenomi Properties. Additionally, Clifford Chance advised the dealer managers
ADGM Announces New Incentive Initiative for Al Reem Island
Abu Dhabi Global Market (ADGM) has launched a new incentive initiative exclusively for established businesses on Al Reem Island operating within the non-financial and retail sectors. This strategic move is designed to support these businesses
Dubai Holding Welcomes Nakheel and Meydan into its Portfolio
Under the visionary directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Nakheel and Meydan will merge with Dubai Holding, marking a significant step towards sustained
ADREC Teams Up with Bayut, Dubizzle and Property Finder
Abu Dhabi’s Real Estate Centre (ADREC) has signed a Memorandums of Understanding (MoUs) with leading real estate platforms, Bayut, Dubizzle, and Property Finder. The objective is to augment transparency, efficiency, and decision-making within Abu
Dentons Guides Alpha Capital in Forus Real Estate Deal
Global law firm Dentons has recently provided legal counsel to Alpha Capital, a Sharia-compliant investment entity licensed by the Capital Market Authority (CMA) of Saudi Arabia. The advisory pertained to Alpha Capital’s acquisition of
MBH Advises Beyond Sky in EGP 3.05 Billion Facility Agreement
Matouk Bassiouny & Hennawy (MBH) provided legal counsel to Beyond Sky for Real Estate Projects (Beyond Sky) in securing a syndicated long-term facility agreement worth EGP 3.05 billion. The agreement, facilitated by Banque Misr as the
Egypt Invests USD3 Million in Green Tourism Initiative with UNIDO
The Ministry of Environment witnessed the signing of the “Green Hurghada” project agreement between the United Nations Industrial Development Organization (UNIDO) and the Environmental Affairs Agency, funded by the Global Environment Facility, with investments exceeding
Shalakany: Steigenberger Secures Deals In Saint Catherine City
Shalakany provided legal counsel to Steigenberger Hotels and Resorts Middle East (“Steigenberger”) in negotiating and finalising Management and Operation Agreements with the New Urban Communities Authority (NUCA) and Misr Sinai for Tourism for the prestigious
HMCO Facilitates Hassan Allam Holding’s RHQ Launch in Riyadh
Hammad & Al-Mehdar Law Firm (HMCO) acted as legal counsel for Hassan Allam Holding in obtaining the Ministry of Investment Saudi Arabia (MISA) license for the launch of its Regional Headquarters (RHQ) in Riyadh, Saudi