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    Number: N.4

    Date: 18 November 2024

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 PIF and STC Group are forming the largest telecom tower company
Banking & Finance Capital Markets Saudi Arabia TMT

PIF and STC Group are forming the largest telecom tower

amr.reda@lcpublishinggroup.com 22 April 2024

The Public Investment Fund (PIF) and Saudi Telecommunications Company (STC Group) have signed definitive agreements to form the region’s largest telecom tower company. PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL)

 Revising the framework of Egypt’s Competition Law
Blog Mena Pulse

Revising the framework of Egypt’s Competition Law

amr.reda@lcpublishinggroup.com 21 April 2024

Author / Amr Reda Abdullatif Egypt’s New Pre-Merger Clearance Regime: A Comprehensive Guide to the Transformative Competition Law On 1 November 2014, the Egyptian pre-merger control regime suddenly received wide attention as the President of the Arab

 ADNIC Finalizes Purchase of 51% Stake in Allianz Saudi Arabia 
Capital Markets Insurance Saudi Arabia United Arab Emirates

ADNIC Finalizes Purchase of 51% Stake in Allianz Saudi Arabia 

suzan.taha@lcpublishinggroup.it 19 April 2024

Abu Dhabi National Insurance Company (ADNIC) has successfully acquired a 51 percent stake in Allianz Saudi Fransi Cooperative Insurance Company in Saudi Arabia.  This strategic move positions ADNIC as a prominent Tier-1 insurer in Saudi

 Smart Urban Living: Aldar-Siemens Initiative at Saadiyat Grove 
Deal & transactions Real Estate, Construction & Infrastructure United Arab Emirates

Smart Urban Living: Aldar-Siemens Initiative at Saadiyat Grove 

suzan.taha@lcpublishinggroup.it 19 April 2024

Aldar Properties and Siemens join forces to transform Saadiyat Grove into a global smart living exemplar. Using Siemens’ Xcelerator portfolio and Building X platform, Aldar will introduce the UAE’s first cloud-based smart district management

 Asafo & Co. Guides AFIG and NME in Injaro Investment 
Capital Markets Other Services

Asafo & Co. Guides AFIG and NME in Injaro Investment 

suzan.taha@lcpublishinggroup.it 19 April 2024

Asafo & Co. advises AFIG Funds (AFIG) and NME (Nouvelle Mici Embaci) on Injaro Investment Advisors’ equity investment in NME, a prominent packaging company in Côte d’Ivoire.  Injaro Investment Advisors, through its fund

 Freshfields Guides DP World in Seafreight Business Deal 
Deal & transactions Transport United Arab Emirates

Freshfields Guides DP World in Seafreight Business Deal 

suzan.taha@lcpublishinggroup.it 18 April 2024

Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising in DP World’s latest move within the global supply chain landscape. Freshfields is advising DP World, the renowned company in global supply chain solutions headquartered

 Zoe Tite Joins Partner Ranks at Clyde & Co 
Appointments United Arab Emirates

Zoe Tite Joins Partner Ranks at Clyde & Co 

suzan.taha@lcpublishinggroup.it 18 April 2024

International law firm Clyde & Co has unveiled the promotion of 19 new partners, effective May 1, 2024. These appointments bolster the firm’s sectoral prowess worldwide, spanning Aviation, Disputes, Insurance, and Energy, Marine & Natural Resources.  With

 David Foster Named A&O Shearman Regional Managing Partner
Appointments United Arab Emirates

David Foster Named A&O Shearman Regional Managing Partner

suzan.taha@lcpublishinggroup.it 18 April 2024

Allen & Overy (A&O) and Shearman & Sterling (Shearman) have appointed David Foster (pictured) as the regional managing partner for the Middle East, Turkey, and Africa for the combined firm A&O

 Masdar, EGA Join Forces for Low-Carbon Aluminium Solutions 
Deal & transactions Industrial United Arab Emirates

Masdar, EGA Join Forces for Low-Carbon Aluminium Solutions 

suzan.taha@lcpublishinggroup.it 17 April 2024

Abu Dhabi Future Energy Company (Masdar) and Emirates Global Aluminium (EGA) have embarked on a strategic partnership aimed at advancing aluminium decarbonisation efforts and exploring avenues for low-carbon growth. The collaboration, solidified with the

 ADNEC and Tadweer Forge Sustainable Waste Partnership 
Deal & transactions Services United Arab Emirates

ADNEC and Tadweer Forge Sustainable Waste Partnership 

suzan.taha@lcpublishinggroup.it 17 April 2024

ADNEC Group has entered into a Memorandum of Understanding (MoU) with Tadweer Group, marking a significant step towards bolstering collaboration in waste management and sustainability initiatives.  The MoU encompasses a broad spectrum of activities aimed

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