Telecom Egypt, the integrated operator of communications and Information Technology services in Egypt, has entered into a strategic partnership with Huawei during the Mobile World Congress (MWC 2024) to deploy 5G network infrastructure. This collaboration underscores
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Dubai South & Aldar Launch Joint Venture for Grade A
Dubai South, a prominent urban master development, and Aldar Properties (“Aldar”)have joined forces to embark on a joint venture aimed at developing Grade A logistics facilities within Dubai South’s Logistics District. The
Parkin Company, the leading provider of paid parking facilities and services in Dubai, has revealed plans to embark on an initial public offering (IPO) and subsequently list its ordinary shares (Shares) on the Dubai Financial
ADNOC Distribution, the UAE’s leading fuel and convenience retailer, unveiled its ambitious future plans at its Investor Day today. Building on strong financial performance, including achieving a $1 billion EBITDA in 2023, the company outlined its
K&A guides a complicated private share swap transaction
In a significant development in the car leasing industry, Khoshaim & Associates (K&A) has successfully advised the Saudi Economic and Development Holding Company (SEDCO) on a complex private share swap transaction. The agreement,
UAE to Invest $35 Billion in Ras El-Hekma in Landmark
In a groundbreaking move set to redefine Egypt’s coastal landscape, ADQ, an Abu Dhabi-based investment and holding company, is spearheading a USD 35 billion investment in the Ras El-Hekma region. The project has been described
Macquarie AirFinance, a prominent provider of aircraft leasing and financing solutions, has entred into an agreement to acquire an additional portfolio of 23 aircraft from Kuwait-based ALAFCO Aviation Lease and Finance Company (“ALAFCO”) for approximately $US1.1
Giza Systems, a prominent technology solutions provider, has successfully secured financing totaling USD 84 million for a Murabaha facility and EGP 2.82 billion for a Mudharaba facility. These funds are structured to support the expansion initiatives of
EDGE Group & Fincantieri Forge Multi-Billion Euro Naval Venture
UAE’s EDGE Group and Italian shipbuilder Fincantieri have launched a Multi-Billion Euro Joint Venture, aiming to establish a UAE-based naval manufacturing pipeline worth an estimated 30 billion euros. EDGE, an advanced technology and defence group,
Majid Al Futtaim and Dubai Municipality Team Up for Food
Dubai Municipality and Majid Al Futtaim – Retail have joined forces in a strategic partnership aimed at ensuring the sustainable provision of essential food commodities in Dubai’s local markets. Majid Al Futtaim – Retail, the exclusive