In a significant legal triumph, Meysan has achieved a favourable outcome for Al Farwaniyah Property Developments (‘Al Farwaniyah’) in a high-stakes litigation case exceeding 137 million UAE dirhams. The litigation stemmed from a lawsuit initiated by a bank against Al Farwaniyah and other parties, seeking to recover an amount surpassing 137 million UAE dirhams. Meysan’s legal […]
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Majid Al Futtaim Breaks Ground on Tilal Al Ghaf Projects
Under the guidance of Chief Legal Officer Hassan Basil Hassan (pictured), Majid Al Futtaim Development, part of Majid Al Futtaim, has commenced groundbreaking for two residential projects at its flagship destination, Tilal Al Ghaf.
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Ras Al Khaimah to launch RAK Central
Ras Al Khaimah, the northernmost emirate of the UAE, has announced the launch of RAK Central, a mixed-use development that will feature Grade A offices, residential apartments, hotels, retail and entertainment facilities. The project, which
Egypt
Real Estate, Construction & Infrastructure
Abdallah & Abul Naga Law Office secured property rights worth
Abdallah and Abul Naga Law Office has successfully safeguarded the rights of a top-tier client to a property in the Arab Republic of Egypt. The property, valued at an impressive EGP 300,000,000, was under threat from
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Hafez & Partners Secures Victory in AD-HOC Arbitration Case
Hafez & Partners‘ Disputes Team has secured a major win for their client in an ad-hoc arbitration proceeding held at CRCICA. The firm represented the respondent in this case and successfully persuaded the arbitral tribunal
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
Arabia Investments Holding Completes Debt-to-Equity Swap
Barakat, Maher & Partners, in association with Clyde & Co, has provided legal counsel to Arabia Investments Holding, a publicly listed company on the Egyptian Exchange, regarding the sale of 98% of Arabian International Contracting through
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar Properties Unveils Sama Yas: Luxury Homes in Yas Park
Aldar Properties, under the legal guidance of Group General Counsel Emma O’Brien (pictured), introduces Sama Yas, an exclusive residential community harmoniously nestled within the natural surroundings of Yas Park. This boutique development, featuring 234 elegant
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Dentons: ADIB on Aldar’s AED 1B Sustainability-Linked Financing
Global law firm, Dentons has played a pivotal role on behalf of Abu Dhabi Islamic Bank (ADIB) in securing an AED 1 billion sustainability-linked financing for Aldar Properties (Aldar). In this groundbreaking financing arrangement, Aldar has
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
Webuild’s $4.7B Splash: Neom’s Futuristic Marvel Unveiled
Under the legal guidance of Neom’s Chief Legal Officer, Stefan Ricketts (pictured), Neom and international construction company, Webuild has inked a groundbreaking contract worth USD 4.7 billion as part of the visionary development project in
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
United Arab Emirates
ADQ and ADNEC Acquire 40.5% Stake in TMG’s ICON Group
A major deal has been finalized between ADQ, an investment and holding company based in Abu Dhabi, and ADNEC Group, to buy a 40.5% share in the hospitality division of Talaat Moustafa Group Holding (TMG Holding),
