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    Revolutions

    Number: N.4

    Date: 18 November 2024

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 Retal Urban Development Co. Initial public offering in Saudi Exchange
IPOs Real Estate, Construction & Infrastructure Saudi Arabia

Retal Urban Development Co. Initial public offering in Saudi Exchange

suzan.taha@lcpublishinggroup.it 11 July 2022

Retal Urban Development Co. (“Retal”), a next generation real estate developer of integrated master plan communities offering a portfolio of lifestyle-oriented residential, commercial, and mixed-use properties in the Kingdom of Saudi Arabia announced its Intention

 Al Mutlaq Group signs a USD400m joint venture agreement with TRSDC
Deal & transactions Real Estate, Construction & Infrastructure Saudi Arabia

Al Mutlaq Group signs a USD400m joint venture agreement with

suzan.taha@lcpublishinggroup.it 11 July 2022

The Red Sea Development Company Announces First Joint Venture Agreement with Al Mutlaq Group for Red Sea Project  Almutlaq Real Estate Investment Co. (“AREIC”), a subsidiary of the Al Mutlaq Group (“AMG”), has entered

 Dar Al Takaful and Watania merge to create UAE’s largest Takaful provider 
Deal & transactions Insurance United Arab Emirates

Dar Al Takaful and Watania merge to create UAE’s largest

suzan.taha@lcpublishinggroup.it 7 July 2022

Shari’ah-Compliant insurance companies Dar Al Takaful (“DAT”) and National Takaful Company (“Watania”) have completed their merger effective on 01 July 2022 pursuant to the merger plan announced on 3 March 2022.  As part of the merger completion

 Dubai’s FinTech YAP raises USD41m in latest funding round 
Banking & Finance United Arab Emirates

Dubai’s FinTech YAP raises USD41m in latest funding round 

suzan.taha@lcpublishinggroup.it 7 July 2022

UAE-based fintech YAP, a digital banking platform, has raised USD41 million in a pre-series A funding round to fund its operations and growth.   The round was led by Saudi Arabia’s investment company Aljazira

 Bahrain Bourse and ADX launch Tabadul Exchange Hub
Banking & Finance Deal & transactions United Arab Emirates

Bahrain Bourse and ADX launch Tabadul Exchange Hub

suzan.taha@lcpublishinggroup.it 7 July 2022

Bahrain Bourse (BHB) and Abu Dhabi Securities Exchange (ADX) have launched the GCC’s first digital exchange hub – Tabadul. The exchanges commemorated this landmark achievement towards the launch of Tabadul with an official

 Food tech startup Supy raises USD8m in seed financing round 
Banking & Finance Food & Beverage United Arab Emirates

Food tech startup Supy raises USD8m in seed financing round 

suzan.taha@lcpublishinggroup.it 7 July 2022

UAE-based B2B food marketplace, Supy, raised USD8 million in a Seed round led by Beco Capital with participation from existing investors including Valia Ventures and Cotu Ventures, Global Ventures and Amk Investment Office.

 Iberian Lawyer, IP&TMT Portugal Awards 2022, the winners
Awards Other

Iberian Lawyer, IP&TMT Portugal Awards 2022, the winners

suzan.taha@lcpublishinggroup.it 7 July 2022

The winners of the Iberian Lawyer IP&TMT Portugal Awards 2022 were announced during the gala ceremony held at the Museu do Oriente in Lisbon, on July 6th 2022. Once again, the IP&TMT Awards

 Siemens Energy to build a stable energy infrastructure in Yemen 
Deal & transactions Energy & Trading Other

Siemens Energy to build a stable energy infrastructure in Yemen 

suzan.taha@lcpublishinggroup.it 6 July 2022

Siemens Energy and the Republic of Yemen have signed a Memorandum of Understanding (“MoU”) for the re-electrification of the country.  The MoU focuses on the essential elements of the electrification of Yemen. This includes the

 Emirates NBD Group and BNY Mellon announce strategic alliance 
Banking & Finance Deal & transactions United Arab Emirates

Emirates NBD Group and BNY Mellon announce strategic alliance 

suzan.taha@lcpublishinggroup.it 6 July 2022

Global investment company, BNY Mellon and Emirates NBD, a banking group in the MENAT (Middle East, North Africa and Turkey) region, have entered a strategic alliance aimed at accelerating the growth

 Ferrari launches its new facility in Egypt with Ezz Elarab Group 
Egypt News Transport

Ferrari launches its new facility in Egypt with Ezz Elarab

suzan.taha@lcpublishinggroup.it 6 July 2022

Italian luxury sports car manufacturer, Ferrari, in collaboration with Egyptian Automotive Importer Ezz Elarab Group, launched its official service center and authorized showroom in Egypt. The new partnership with Ferrari was celebrated with a grand

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legalcommunitymena.com

Launched in 2022 by LC Publishing Group S.p.A., it is the first digital portal addressed to the Middle East North Africa market.

In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointmens and providing insights, analytical data and opinions on the professions’ main trends and topics (AI, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

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