Madinet Masr, a real estate developer in Egypt, has successfully signed a framework agreement with QWELL for a new project worth EGP 600 million. Construction will contain a wide range of easily accessible planned units, each
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Dentons advised the Islamic Development Bank (IsDB) on the issuance of US$2 billion trust certificates under its US$25 billion trust certificate issuance programme. Dentons acted as an advisor for the IsDB on the issuance of
White & Case advised Spinneys, one amongst the most important supermarket chains in Middle East, on its listing on the Dubai Financial Market (DFM). Spinneys is the first Dubai international finance centre company to list
International law firm CMS celebrating 10 years in Oman, marking a decade since the firm opened its doors in Muscat. CMS partner Charles Dolphin has also assumed the role of Managing Partner for CMS Oman, succeeding
Stephenson Harwood, a global law firm, has recently announced the adoption of the legal artificial intelligence (AI) tool, Harvey. The firm plans to deploy this tool across its offices worldwide, including those in the Middle
In a significant development for the global legal landscape, two major US law firms, Quinn Emanuel Urquhart & Sullivan and Morgan Lewis, are set to open offices in Saudi Arabia. This move comes in the
International law firm, Trowers & Hamlins, has appointed Nikita Patel (pictured) as a Partner in its International Dispute Resolution and Litigation team, based in Dubai. With over a decade of experience in the Middle East
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ADNIC Finalizes Purchase of 51% Stake in Allianz Saudi Arabia
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
International law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is set to bolster its team with the addition of 23 new partners effective from May 1, 2024. The newly appointed partners represent all five practice groups and regions, underscoring Freshfields’
Regional law firm, ASAR has secured a significant triumph for its client in a pivotal decision by the Kuwait Cassation Court. The ruling marks the resolution of a longstanding dispute concerning the recognition of a
