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Banking & Finance Egypt Real Estate, Construction & Infrastructure

Egypt Invests USD3 Million in Green Tourism Initiative with UNIDO

suzan.taha@lcpublishinggroup.it 13 March 2024

The Ministry of Environment witnessed the signing of the “Green Hurghada” project agreement between the United Nations Industrial Development Organization (UNIDO) and the Environmental Affairs Agency, funded by the Global Environment Facility, with investments exceeding

Capital Markets Corporate Energy & Trading Qatar

Elsewedy Qatar wins North Field South Onshore EPC contract

amr.reda@lcpublishinggroup.com 13 March 2024

Elsewedy Cables Qatar has secured the Engineering, Procurement, and Construction (EPC) contract from Technip Energies France for the North Field South (NFS) Onshore Project. This strategic endeavour aims to establish electricity supply to NFS project

Banking & Finance Capital Markets Deal & transactions United Arab Emirates

Three Alpha Dhabi Subsidiaries Targeted in Acquisition Deal

suzan.taha@lcpublishinggroup.it 13 March 2024

Abu Dhabi-based investment firm Alpha Dhabi is in the spotlight after receiving a notable acquisition offer for three of its subsidiaries. The offer comes from the National Corporation for Tourism and Hotels (NCT&H).

Banking & Finance United Arab Emirates

Investcorp Capital Secures USD 800 Million Credit Facility

suzan.taha@lcpublishinggroup.it 13 March 2024

Investcorp Capital plc, a subsidiary of Abu Dhabi-based alternative investor Investcorp, has finalized a significant financial agreement by securing a USD 800 million revolving credit facility (RCF) from a consortium of regional and international banks. The

Deal & transactions TMT United Arab Emirates

Trowers Facilitates Backlite Media Sale to Multiply Group

suzan.taha@lcpublishinggroup.it 12 March 2024

International law firm Trowers & Hamlins has advised on the 100% sale of Backlite Media, the out-of-home advertising company headquartered in the UAE, to Multiply Group, the Abu-Dhabi based holding company that invests in transformative organisations.

Banking & Finance Insurance News Other

YFLG Sets Precedent with Bankruptcy Law Milestone

suzan.taha@lcpublishinggroup.it 12 March 2024

In a pioneering move, Al-Yaqout & Al-Fouzan Legal Group (YFLG) has secured the first-ever approval from the Bankruptcy Authority for the restructuring request of a prominent insurance company in Kuwait, following the enactment of Law 71/2020.

Capital Markets E-Commerce Other TMT

STC Bahrain Launches Instant Mobile SIM AI

amr.reda@lcpublishinggroup.com 12 March 2024

In a significant technological leap forward, STC Bahrain, a leading digital enabler, has announced the launch of an innovative instant mobile SIM activation service powered by Artificial Intelligence (AI) and eSIM technology. This first-of-its-kind solution

Appointments Egypt

Al Tamimi & Company Welcomes Ali El Hawary as Partner

suzan.taha@lcpublishinggroup.it 12 March 2024

Al Tamimi & Company strengthens its Banking and Finance practice with the appointment of Ali El Hawary (pictured) as Partner. With over two decades of legal expertise in banking, energy, and infrastructure projects, El Hawary

Banking & Finance Capital Markets Egypt News

Beltone Acquires SODIC’s Securitization Arm

amr.reda@lcpublishinggroup.com 11 March 2024

Beltone Financial Holding is set to acquire 100% of SODIC’s securitization subsidiary, SODIC for Securitization, following approval from its general assembly. The transaction involves Beltone acquiring 5,000 shares at EGP 1,000 each, along with an additional payment

Capital Markets Fashion, Luxury & Design United Arab Emirates

ADNH Strengthens Portfolio with Compass Group Deal

suzan.taha@lcpublishinggroup.it 11 March 2024

Abu Dhabi National Hotels (ADNH) is making significant strides in bolstering its business portfolio with the acquisition of Compass Group International B.V.’s 50% stake in their joint venture entities operating in the UAE, as

Revolutions

Number: N.4

Date: 18 November 2024

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Egypt Invests USD3 Million in Green Tourism Initiative with UNIDO

Elsewedy Qatar wins North Field South Onshore EPC contract

Three Alpha Dhabi Subsidiaries Targeted in Acquisition Deal

Investcorp Capital Secures USD 800 Million Credit Facility

Trowers Facilitates Backlite Media Sale to Multiply Group

YFLG Sets Precedent with Bankruptcy Law Milestone

STC Bahrain Launches Instant Mobile SIM AI

Al Tamimi & Company Welcomes Ali El Hawary as Partner

Beltone Acquires SODIC’s Securitization Arm

ADNH Strengthens Portfolio with Compass Group Deal

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Copyright 2025 © All rights Reserved. Design by Origami Creative Studio

Legalcommunity MENA LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961 REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2025 © All rights Reserved. Design by Origami Creative Studio

Legalcommunity MENA
LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.