Qatari Diar and NUCA strategic partnership: legal advisors on USD 29.7 billion investment

"MBH and White & Case advised Qatari Diar, a real estate investment company wholly owned by the Qatar Investment Authority, on a USD 29.7 billion investment to form a strategic partnership with Egypt’s New Urban Communities Authority (NUCA) to develop an integrated coastal urban community of more than 20 million sqm at Alam El Roum."

MBH and White & Case advised Qatari Diar, a real estate investment company wholly owned by the Qatar Investment Authority, in connection with a strategic partnership with the New Urban Communities Authority (NUCA). The transaction comprises a USD 29.7 billion investment to develop an integrated urban community spanning over 20 million square meters along the Mediterranean Sea in the Alam El Roum area of Egypt. The partnership envisages large-scale urban development and investment aimed at creating a new coastal community. MBH represented Qatari Diar with a team composed by: Partners Tamer El Hennawy and Amr Baggatto. White & Case represented Qatari Diar with a team composed by: Partners Said Hanafi and Ziad Gadalla.

Qatari Diar and NUCA strategic partnership: legal advisors on USD 29.7 billion investment

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