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    Number: N.4

    Date: 18 November 2024

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 Riad & Riad Triumphs in $34.5 Million Construction Dispute 
Egypt Private Clients Real Estate, Construction & Infrastructure

Riad & Riad Triumphs in $34.5 Million Construction Dispute 

suzan.taha@lcpublishinggroup.it 9 February 2024

Riad & Riad has achieved a victory on behalf of their client, a Korean EPC construction company, in a high-stakes $34.5 million construction dispute. The dispute arose from a direct claim brought against the Korean company

 Legalcommunity Finance Awards 2024, the winners 
Awards Other

Legalcommunity Finance Awards 2024, the winners 

suzan.taha@lcpublishinggroup.it 9 February 2024

Milan’s Palazzo del Ghiaccio set the stage for the prestigious Legalcommunity Finance Awards 2024, an event dedicated to recognizing outstanding achievements in the legal realm within the finance sector.  Hosted by Legalcommunity.it, the eleventh

 Trowers & Hamlins Issues First Payout in TIBC Liquidation 
Banking & Finance Other

Trowers & Hamlins Issues First Payout in TIBC Liquidation 

suzan.taha@lcpublishinggroup.it 9 February 2024

Trowers & Hamlins Issues First Creditor Payout as Liquidator for The International Banking Corporation, Culminating 14-Year Process  In a landmark achievement, Trowers & Hamlins, the international law firm, has disbursed its initial distribution to

 AMJ Announces Promotion of Ahmed Al Busaid to Partner
Appointments Employment Other

AMJ Announces Promotion of Ahmed Al Busaid to Partner

amr.reda@lcpublishinggroup.com 8 February 2024

Al Busaidy Mansoor Jamal & Co, a leading law firm, is delighted to announce the promotion of Ahmed Al Busaid to the role of Partner. Ahmed has been a valuable member of the AMJ team

 Al Adly and Co. Secures Major Arbitration Award at DIAC 
Private Clients Real Estate, Construction & Infrastructure United Arab Emirates

Al Adly and Co. Secures Major Arbitration Award at DIAC 

suzan.taha@lcpublishinggroup.it 8 February 2024

Under the leadership of Managing Partner Ahmed Adly (pictured), Al Adly and Co. has successfully secured a multi-million dirham arbitration award against a prominent real estate developer in the United Arab Emirates before the Dubai

 Sarie Eldin & Partners Orchestrates Multi-Billion Islamic Financing
Banking & Finance Capital Markets Deal & transactions Egypt

Sarie Eldin & Partners Orchestrates Multi-Billion Islamic Financing

amr.reda@lcpublishinggroup.com 8 February 2024

Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication

 Matt FitzGerald to Lead Herbert Smith Global Corporate Practice
Appointments Corporate Other

Matt FitzGerald to Lead Herbert Smith Global Corporate Practice

suzan.taha@lcpublishinggroup.it 8 February 2024

Global law firm Herbert Smith Freehills has appointed Matt FitzGerald (pictured) as the firm’s new Joint Managing Partner for its Global Corporate Practice and the Australia Regional Head of Practice, effective from 1 May 2024.  Matt

 Clyde & Co Secures Regional Headquarters in Saudi Arabia 
Moves News Saudi Arabia

Clyde & Co Secures Regional Headquarters in Saudi Arabia 

suzan.taha@lcpublishinggroup.it 8 February 2024

Clyde & Co, the global law firm with a significant presence in the Middle East, has secured the approval of its Regional Headquarters (RHQ) license from The Ministry of Investment of Saudi Arabia (MISA). This

 Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance
Capital Markets Deal & transactions Other Restructurings

Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance

amr.reda@lcpublishinggroup.com 8 February 2024

Al-Hossam Legal, played a pivotal role in Kuwait Projects Company’s (KIPCO) strategic move to divest its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transaction, valued at an impressive US$860 million, witnessed

 Former Dentons Saudi head initiates legal action against company
Background News Saudi Arabia Updates

Former Dentons Saudi head initiates legal action against company

amr.reda@lcpublishinggroup.com 7 February 2024

Amgad Husein, the former managing partner of Dentons’ Saudi office, has taken legal action by filing a breach of contract claim against the firm in London. This move comes seven years after his departure from

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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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