In our continued support for Benya and its expansion in the GCC, Hafez & Partners are pleased to have advised Benya on its agreement with Saudi’s Al Fanar to set up a USD 200 million tech-focused joint venture in Saudi Arabia that will focus on data centers, smart cities, and cybersecurity.

Hafez & Partners team, led by Hadir Elhakim and supported by Sawsan Mandour, advised Benya on this new venture.