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 USD3 million. Dr. Yasmin Fouad, the Minister of Environment, highlighted the project’s aim to replicate the success of turning Sharm […]
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
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
News
Real Estate, Construction & Infrastructure
Saudi Arabia
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
Capital Markets
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
Saudi Arabia
sarie eldin & partners Facilitates Major Real Estate Deal in
sarie eldin & partners – announce its successful role as legal advisor to Talaat Moustafa Group Saudi Real Estate Development Company (“Talaat Moustafa Saudi”) on a landmark agreement with the Saudi National Housing Company (“NHC”). Signed
Appointments
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Habib Al Mulla and Partners Welcomes New Partner
Habib Al Mulla and Partners has announced the appointment of Rabih Tabbara as their new Construction Arbitration Partner in the Arbitration and Litigation Department. Rabih brings with him an impressive 22 years of experience in the
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Dentons Guides Joint Lead Managers in Binghatti’s Sukuk Debut
Global law firm, Dentons provided legal counsel to the joint lead managers in Binghatti Holding Limited’s debut issuance of US$300 million trust certificates due 2027. The transaction, completed on February 29, 2024, involved Binghatti Sukuk Limited as
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance Guides Binghatti’s $300M Debut Sukuk Issue
Global law firm Clifford Chance has provided legal counsel to Binghatti Holding Limited (“Binghatti”) on its inaugural issuance of US$300 million ijara-murabaha sukuk, which concluded on February 29, 2024. This debut venture into the international debt capital
Capital Markets
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
Transport
United Arab Emirates
Al Arabia Secures $142M Advertising Contract with Dubai’s RTA
The UAE subsidiary of the Saudi-listed Arabian Contracting Services Company, (Al Arabia), has signed a significant advertising billboard contract with Dubai’s Roads and Transport Authority (RTA). The deal, valued at 522.84 million UAE dirhams ($142.35 million),
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KN&P Facilitates Al-Akaria’s Sidrat Al Ula Agreement
Saudi Real Estate Co. (“Al-Akaria”) has inked a significant Development Management Agreement, facilitated by KN&P. This agreement, signed with the Royal Commission for Al Ula and Al Ula Development Company, paves the way
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Dubai South & Aldar Launch Joint Venture for Grade A
Dubai South, a prominent urban master development, and Aldar Properties (“Aldar”)have joined forces to embark on a joint venture aimed at developing Grade A logistics facilities within Dubai South’s Logistics District. The
