Dentons has advised Al Rajhi Bank on a SAR 1.9 billion murabaha facility agreement with Jabal Omar Development Company, one of the largest real estate developers in the region and a major listed company on the Saudi Tadawul Stock Exchange. The two-year facility, backed by a Ministry of Finance guarantee, aims to expedite the completion […]
Deal & transactions
TMT
United Arab Emirates
e& and KEZAD Communities Bridge Digital Divide in Razeen City
In a move to enhance the living experience for residents of Razeen Worker Residential City in Abu Dhabi, eisalat by e& and KEZAD Communities have entered into a strategic partnership to upgrade the city’
Global law firm White & Case has provided legal counsel to Actis in its acquisition of a telecom tower portfolio from Telekom Srbija, a telecommunications operator in Central & Eastern Europe. The transaction involves approximately 1,800
Global law firm Dentons has provided legal counsel to Immensa, a prominent additive manufacturing and digital inventory platform operating in the MENA region. Immensa successfully secured a substantial investment of US$20 million in its latest
The Saudi Data and Artificial Intelligence Authority (SDAIA) has recently unveiled the second iteration of its AI Ethics Principles (AI Principles 2.0). This marks a significant step in establishing a principle-based ethical framework for the development
Banking & Finance
Opinions
Other
TMT
COP 28 Insight: Maya Chebeane on Tunisia’s Climate Adaptation Vision
With Suzan Taha Embarking on the intersection of law and climate action, LegalcommunityMENA engages in a thought-provoking interview with Maya Boureghda Chebeane (pictured), a distinguished lawyer at Jurismed and co-founder of Juridoc.tn. In
Deal & transactions
Saudi Arabia
TMT
United Arab Emirates
Ooredoo, Zain, and TASC Tower Reshape Telecom Landscape
In a landmark collaboration, leading telecom players Ooredoo, Zain Group, and TASC Towers Holding have finalized agreements to establish the largest tower company in the MENA region valued at USD 2.2 Billion. The advisors DLA
Asafo & Co. provided legal assistance to AfricInvest, Amethis, IFC, and Proparco in their acquisition of a controlling interest in Netis, a prominent pan-African telecom infrastructure service provider. Additionally, Asafo & Co. provided counsel to
Linklaters, the prominent global law firm, has unveiled the latest iteration of its GenAI chatbot, now christened “Laila.” The upgraded version comes on the heels of the initial launch in March 2023, which witnessed remarkable adoption
Global law firm Clifford Chance has successfully guided a syndicate of international banks, led by Bank of China and ING, in securing an unprecedented US$3.9 billion financing deal for the development of a nationwide 4G
