🇦🇪UAE Legal News

Egypt’s Economy Finds Its Second Wind as Growth Surges Past Expectations

Egypt’s Economy Finds Its Second Wind as Growth Surges Past Expectations

Egypt’s economic engine kicked into a higher gear in the opening stretch of the 2025/26 fiscal year, clocking a 5.3% jump in GDP—an upswing from the more modest 3.5% pace seen a year earlier. The planning ministry credits the rebound to a sweeping wave of structural upgrades and policy resets that have begun to show …

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Investcorp Exits European SMB Platform Shine, Passing Baton to Cegid

Investcorp Exits European SMB Platform Shine, Passing Baton to Cegid

Bahrain’s Investcorp is stepping back from Shine, the European digital platform that streamlines company creation, invoicing, banking, and accounting for small and medium-sized businesses. The alternative investment firm will sell its majority stake to Cegid, a cloud and AI solutions provider backed by Silver Lake, through its subsidiary, Investcorp Technology Partners. Shine, formerly known as …

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Alpha Dhabi Surges Past Three-Quarters Ownership in NMDC with $436 Million Stake Grab

Alpha Dhabi Surges Past Three-Quarters Ownership in NMDC with $436 Million Stake Grab

Abu Dhabi’s Alpha Dhabi Holding has strengthened its grip on NMDC Group, snapping up a $436 million stake previously held by AD Ports Group. The deal adds 82.5 million shares—nearly 10% of NMDC’s total equity—to Alpha Dhabi’s portfolio, pushing its total ownership to a commanding 76.68%. NMDC, a powerhouse in energy, marine services, and EPC …

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Gulf Energy Giants Carve a New Power Realm with $1.9 Billion Mega-Swap

Gulf Energy Giants Carve a New Power Realm with $1.9 Billion Mega-Swap

In a deal that reshapes the region’s industrial power map, two heavyweight players from the UAE’s energy universe — Abu Dhabi’s TAQA and Dubai-linked DUBAL Holding — are joining forces to scoop up the sprawling power and water generation empire long housed inside Emirates Global Aluminium. The price tag? A cool $1.9 billion, the kind …

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UAE’s Industrial Engine Shifts Gears as ADNOC Gas Seals $4 Billion Low-Carbon Supply Pact with EMSTEEL

UAE’s Industrial Engine Shifts Gears as ADNOC Gas Seals $4 Billion Low-Carbon Supply Pact with EMSTEEL

In a move that feels less like a contract signing and more like the tightening of two giant industrial cogs, ADNOC Gas has struck a sweeping multibillion-dollar deal with EMSTEEL—one of the region’s heavyweight producers of steel and building materials. The agreement, valued at up to $4.2 billion, charts a 20-year energy corridor beginning January …

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GFH’s Real Estate Engine Roars Ahead with Bold Move into Devmark

GFH’s Real Estate Engine Roars Ahead with Bold Move into Devmark

GFH Partners, the real estate arm of Bahrain’s GFH Financial Group, has quietly pulled off a decisive play in the UAE property arena, snapping up a controlling stake in Devmark Real Estate Brokers. No fanfare, no financial breadcrumbs left behind—just a strategic stride meant to widen its footprint across one of the region’s most competitive …

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Abu Dhabi’s Modon Saddles Up for a High-End American Ride

Abu Dhabi’s Modon Saddles Up for a High-End American Ride

Modon Holding has quietly slipped its reins into a new arena—this time across the Atlantic—by backing Wellington Lifestyle Partners, a U.S.-based venture built around equestrian-focused luxury living. No fanfare, no dollar signs revealed, just a firm step into a world where horses, high-end development, and lifestyle design meet. This marks Modon’s debut in an American …

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GCC’s Digital Dawn: Sukuk Break Free From Paper and Step Onto the Blockchain

GCC’s Digital Dawn: Sukuk Break Free From Paper and Step Onto the Blockchain

The Gulf’s financial engine is humming louder than ever, but this time it’s tuned for a digital leap. Across the region, Islamic finance is shedding its traditional skin as tokenised sukuk, blockchain rails, and AI-powered Shariah tools gather momentum—quietly but unmistakably reshaping how capital gets raised. Regional debt markets are already running hot, and forecasts …

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