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 GluCare.Health partners with Novo Nordisk on its weight management pilot 
Deal & transactions Healthcare, Pharma & Life Sciences United Arab Emirates

GluCare.Health partners with Novo Nordisk on its weight management pilot 

suzan.taha@lcpublishinggroup.it 1 July 2022

GluCare.Health, a hybrid digital therapeutics company focused on diabetes, have signed a partnership agreement to launch a value-based weight management pilot with Danish multinational pharmaceutical company, Novo Nordisk. Set to begin in September 2022, the

 e& enterprise and Hub71 to launch the UAE’s first AI CoE in Abu Dhabi 
Deal & transactions TMT United Arab Emirates

e& enterprise and Hub71 to launch the UAE’s first AI

suzan.taha@lcpublishinggroup.it 1 July 2022

e& enterprise, part of e& (formerly known as Etisalat Group), and Hub71, Abu Dhabi’s global tech ecosystem, have entered into a definitive agreement to launch the region’s first AI Centre of

 Elsewedy Electric secures USD150m investment for operations’ expansion
Banking & Finance Egypt Energy & Trading

Elsewedy Electric secures USD150m investment for operations’ expansion

suzan.taha@lcpublishinggroup.it 30 June 2022

Elsewedy Electric, Egyptian global providers of energy, digital, and infrastructure solutions, has secured a USD150 million loan from the International Finance Corporation (“IFC”), a member of the World Bank Group. IFC’s USD150 million investment,

 Pure Harvest Smart Farms raises USD 180.5mln in latest financing round 
Banking & Finance Food & Beverage United Arab Emirates

Pure Harvest Smart Farms raises USD 180.5mln in latest financing

suzan.taha@lcpublishinggroup.it 30 June 2022

Pure Harvest Smart Farms (“Pure Harvest”), sustainable technology-enabled agribusiness headquartered in the United Arab Emirates, raised USD $180.5 million in their latest funding round.  The oversubscribed funding round was led by existing investors including South

 Siemens Energy with Egyptian Electricity Transmission Co in a EGP37m deal
Deal & transactions Egypt Energy & Trading

Siemens Energy with Egyptian Electricity Transmission Co in a EGP37m

suzan.taha@lcpublishinggroup.it 30 June 2022

Siemens Energy and Egyptian Electricity Transmission Company have entered into a long-term partnership for the expansion of Suez transformer station.  The project cost is approximately EGP 37 million (EUR 1.87 million) + EUR 6 million as a discount

 PwC M.E. elects Riyadh Al Najjar as Chairman of Middle East Board
Appointments News Other Uncategorized

PwC M.E. elects Riyadh Al Najjar as Chairman of Middle

suzan.taha@lcpublishinggroup.it 29 June 2022

Riyadh Al Najjar, PwC Saudi Arabia country senior partner and Middle East transformation management leader, has been elected as Chairman of the Middle East Board effective 1 July 2022. On his appointment, the newly selected Chairman, Riyadh

 TAQA and ADNOC come together to acquire Masdar stake from Mubadala
Deal & transactions Oil & Gas United Arab Emirates

TAQA and ADNOC come together to acquire Masdar stake from Mubadala

suzan.taha@lcpublishinggroup.it 29 June 2022

Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have entered into binding agreements for TAQA and ADNOC to purchase stakes in Abu Dhabi Future Energy Company (Masdar)

 Pinsent Masons names Pamela McDonald as new head of its Doha office
Appointments Qatar Uncategorized

Pinsent Masons names Pamela McDonald as new head of its

suzan.taha@lcpublishinggroup.it 29 June 2022

Pinsent Masons has appointed international arbitration partner Pamela McDonald (pictured) as the new head of its Doha office, effective 01 July. She succeeds Jonathan Collier who has held the position since 2018. McDonald is an international arbitration

 ADQ to acquire Turkish pharmaceuticals company Birgi Mefar Group
Deal & transactions Healthcare, Pharma & Life Sciences United Arab Emirates

ADQ to acquire Turkish pharmaceuticals company Birgi Mefar Group

suzan.taha@lcpublishinggroup.it 29 June 2022

Turkish pharmaceuticals company Birgi Mefar Group (BMG) has entered into a definitive acquisition agreement with ADQ, an Abu Dhabi- based investment and holding company. BMG is one of Turkey’s leading producers of sterile injectable

 Ali Alghanim and Sons Automotiv’s USD3 bn IPO on Boursa Kuwait 
IPOs Other Uncategorized

Ali Alghanim and Sons Automotiv’s USD3 bn IPO on Boursa

suzan.taha@lcpublishinggroup.it 29 June 2022

Meysan Partners served as sole transaction counsel in the USD3 billion offering of Ali Alghanim and Sons Automotive Company, an official distributor of premium vehicle brands in Kuwait, Egypt, and Iraq, listed 124.8 million shares — representing 45%

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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.).

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