In a groundbreaking move set to redefine Egypt’s coastal landscape, ADQ, an Abu Dhabi-based investment and holding company, is spearheading a USD 35 billion investment in the Ras El-Hekma region. The project has been described by Egypt’s Prime Minister Mostafa Madbouly as the biggest deal in his country’s history. ADQ is set to purchase the […]
Deal & transactions
Other
Real Estate, Construction & Infrastructure
TMT
DAMAC’s Edgnex and Vodafone to Build $100M Data Center in
DAMAC Properties is making significant strides in digital infrastructure investment. Teaming up with British telecoms operator Vodafone, Edgnex Data Centres by DAMAC is embarking on a groundbreaking venture worth $100 million to establish a new data
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Binghatti Holding Readies Inaugural US Dollar Sukuk Launch
Binghatti Holding, a prominent Emirati property development company headquartered in Dubai, is on the verge of a significant financial milestone with the impending launch of its inaugural US Dollar Sukuk. With the legal team spearheaded
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Bloom Holding Unveils Seville: Fifth Phase of Bloom Living
Under the legal guidance of General Counsel Giovanni Carpenzano (pictured), Bloom Holding, a prominent real estate development company in the UAE, has unveiled ‘Seville,’ the fifth phase of its integrated community, Bloom Living, in Abu
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Addleshaw Goddard Guides Hwadi in Cloud 7 Hotel Project
Kerten Hospitality, in partnership with Hwadi, has unveiled plans for the groundbreaking Cloud 7 Hotel project in Al Ahsa, Saudi Arabia. The project, a key component of Kerten Hospitality’s ambitious expansion in the country, is
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Neom and MDLBEAST to Launch Luxurious Sindalah Beach Club
In a groundbreaking collaboration, Neom, the futuristic Saudi Arabian city project, has joined forces with Mdlbeast, a prominent Saudi music entertainment company, to introduce an exclusive beach club experience on Neom’s luxury island, Sindalah.
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar Ventures into European Real Estate Market with Carlyle
Under the legal guidance of General Counsel Emma O’Brien (pictured), Aldar Properties (“Aldar”) has added further weight to its international expansion plan with an AED 407 million (USD 111 million) investment in logistics and storage assets
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KAFD DMC Accelerates Development Through Key Collaborations
At the recent Public Investment Fund’s (PIF) Private Sector Forum, The King Abdullah Financial District Development and Management Company (KAFD DMC) unveiled a series of groundbreaking partnerships and collaborations under the guidance of Chief
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Riad & Riad Triumphs in $34.5 Million Construction Dispute
Riad & Riad has achieved a victory on behalf of their client, a Korean EPC construction company, in a high-stakes $34.5 million construction dispute. The dispute arose from a direct claim brought against the Korean company
Private Clients
Real Estate, Construction & Infrastructure
United Arab Emirates
Al Adly and Co. Secures Major Arbitration Award at DIAC
Under the leadership of Managing Partner Ahmed Adly (pictured), Al Adly and Co. has successfully secured a multi-million dirham arbitration award against a prominent real estate developer in the United Arab Emirates before the Dubai
