DLA Piper supports long standing client Zain Group with its push into e-eports and cloud services

DLA Piper Middle East has advised Zain Group, a leading mobile telecommunications company on its recent USD45 million acquisition of BIOS Middle East Holdings (BIOS), a leading provider of managed private cloud services headquartered in the UAE. The firm has further advised Zain Group on its recent joint venture with gaming start-up PLAYHERA. The joint venture, “PLAYHERA MENA”, is a Saudi Arabia-based next generation gaming tournament platform which will target the region’s gaming market and help diversify Saudi Arabia’s economy as part of its Vision 2030.

Will Seivewright, partner and head of corporate (Middle East) for DLA Piper, commented, “The Middle East economy is one of the most exciting in the world right now, and Zain Group are ahead of the game. They continue to unlock the many opportunities that are arising around them. They are keen to foster the growth of their tech ecosystems and we support that greatly.”

The DLA Piper team was led by Seivewright, supported by Nassar Nassar (corporate associate, Dubai office).