Author: Paromita Dey

Saudi developer Cayan Group has broken ground on its huge Samaya project in north western Riyadh. The SAR 1bn ($266mn) mixed use residential development in Erga covers 1 million m2. The contract for the excavation phase was awarded soon after Cayan received the official permits including the off-plan permit. The residential project will also offer integrated services for high-end living including commercial units, schools, mosques, sports clubs, parks, as well as many other entertainment facilities.

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Global law firm Jones Day has appointed a new partner to its Projects and Infrastructure Practice based in Dubai. With more 20 years’ experience, including 15 in the Middle East, Nadim Khan has advised on major transactions including structuring a number of “first of its kind” Islamic financing products. “Nadim’s arrival enhances our ability to help our clients develop and execute complex, large-scale projects across the Middle East and Africa,” said Arman Galledari, leader of Jones Day’s Projects and Infrastructure Practice. “His broad experience in the region and involvement with various industries will bring additional depth to what is already…

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