Global green energy company, Fortescue Future Industries (“FFI”) has signed a Memorandum of Understanding (“MoU”) to conduct studies with a view to developing green hydrogen production in the Arab Republic of Egypt. The signed
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German rail mobility solutions provider, Deutsche Bahn International Operations (“Deutsche Bahn”), part of DB E.C.O. Group; and Elsewedy Electric have signed a 15 years operations and maintenance agreement with National Authority
The Sovereign Fund of Egypt (“TSFE”) and education management firm Egypt Education Platform (“EEP”) have successfully entered into a joint acquisition of an undisclosed majority stake in the educational publishing entity
Ammar El Banna, founder of Incept Legal and of counsel at Khodeir & Partners, has successfully secured an injunction for an international corporation before the Dubai Court of Appeal. El Banna acted for the
Iberian firm Cuatrecasas has relocated its Angola office to Torre Maculusso, a 16-story office building in downtown Luanda. The new space of more than 300 square meters reflects the ongoing growth of the firm’
Appointments
Banking & Finance
United Arab Emirates
Gabriella Savastano appointed to CMS’ financial services practice
International law firm CMS bolsters its financial services offering in the UAE with the appointment of Gabriella Savastano (pictured) as legal director in its Dubai office. Savastano specialises in financial services regulation and
Deal & transactions
Egypt
Fashion, Luxury & Design
Al Tamimi & Co advises ECC on the acquisition into
Egyptian Company for Cosmetics (“ECC”), an Egypt-based specialised contract manufacturer for the cosmetics and personal care industries, has acquired a majority stake in beauty products marketplace Source Beauty, for an undisclosed amount.
International law firm Baker McKenzie will cut ties with UAE based law firm following controversial remarks made on social media by the Firm’s principal, Habib Al Mulla. In a statement on Baker McKenzie’
Oil & Gas
Private Clients
United Arab Emirates
Clyde & Co represents ABNIC in oil tanker disappearance claim
Global law firm Clyde & Co has successfully represented Al Buhaira National Insurance Company (“ABNIC”) in a marine insurance case in the Dubai International Financial Centre (“DIFC”) Courts. The Clyde & Co team was led
Adsero – Ragy Soliman & Partners assisted Telecom Egypt in signing the commercial agreement with Orange Egypt for national roaming services. The latest deal comes in light of Orange Egypt landing the tender for national roaming
