This provides an easy one-stop shop for business consultants and legal procurement services to gather information about the companies they want to hire. As one of the first global law firms to establish a presence in the Middle East, Shearman & Sterling has extensive regional experience and an integrated global network of offices providing world-class legal services. We have represented clients in innovative transactions and precedents that have led to the development of the region as a dynamic financial centre. We have also represented clients in some of the most complex litigation arising from construction and development projects, investments, acquisitions and joint ventures. The profile section contains a list of companies that have completed business profiles in The Legal 500. The firm has a global network of business professionals, including accountants, investment bankers, private investigators, insurance brokers, public relations firms and private bankers in foreign jurisdictions, who may be called upon to successfully solve clients` problems. Our lawyers provide a strategic bridge to clients around the world, helping them identify and resolve legal issues that arise in today`s competitive business environment. Our first-hand knowledge of many jurisdictions, coupled with strong relationships with companies around the world, enables us to provide our clients with a truly global legal support system. This gives us the perspective and cost-effective ability to help clients successfully resolve legal issues when and where they arise. Investment Corporation of Dubai Representing Dubai Investment Corporation in connection with ICD Sukuk Company Limited`s issuance of a $1 billion escrow certificate as part of its $2.5 billion escrow issuance program.
The escrow certificates, which were issued in a single tranche maturing in 2027, were offered under Regulation S and are listed on Nasdaq Dubai and the Irish Stock Exchange and have a profit rate of five per cent per annum. Gargash Acted for the Dubai-based Gargash family in connection with a double tranche of Islamic and conventional acquisition financing facility provided by Mashreqbank psc in connection with the acquisition of 100% of the shares of Gargash Enterprises LLC (Gargash Enterprises). This is considered one of the largest leveraged buyout transactions in the history of the automotive industry. Located in the Abu Dhabi Global Market (ADGM), our Abu Dhabi office offers clients a legal team with extensive experience in the Middle East and in-depth knowledge of the various legal, commercial and regulatory structures and frameworks in the region. Abu Dhabi is one of the most important financial and commercial centers in the world, where the government and global companies invest heavily in healthcare, technology, defense and energy (oil, gas, nuclear and renewable energy), which are among the strategic industries of our society. United Arab Emirates: Last week, the UAE Ministry of Justice issued a circular to Dubai courts, potentially marking a significant turning point in the enforcement of judgments of English courts in UAE land courts. Given the predominance of English law and the popularity of English courts as the preferred jurisdiction for transactions with international parties, this development is likely to be of considerable importance for all companies involved in commercial transactions and financing in the UAE. Liwa Plastics project Representing six ECAs and 19 international and local banks in the financing of the US$6.4 billion LIWA Plastics petrochemical project in Oman (including several tranches covered by ECA). This project was named “Middle East and Africa Petrochemical Deal of the Year” by Project Finance International in 2016, “MENA Petrochemical Deal of the Year” by IJ Global in 2016 and “Project Finance Deal of the Year” by Bonds, Loans & Sukuk Middle East Awards.
Amanat Holding PJSC representing the co-lead managers in connection with the IPO of 55% of Amanat Holdings PJSC`s share capital worth AED 1.375 billion on the Dubai Capital Market. Dentons` banking and financial services team advised on six award-winning transactions at the 2017 IFN Awards Deals of the Year, announced last month. The awards ceremony will take place on March 11, 2018 in Dubai and will bring together the industry`s elite that recognizes excellence, performance and leadership in the Islamic financial sector. Al Ghurair Investments represented Al Ghurair Investments in its AED 1.2 billion syndicated real estate development financing under Sharia law. Meydan Acted for Cassa Depositi e Prestiti S.p.A. (CDP) and Standard Chartered Bank (SCB) as arrangers and arrangers respectively. Agent with a group of lenders consisting of SCB, CDP and UBI Banca S.p.A. in the negotiation of a $300 million SACE-backed facility to Meydan Group LLC. The facility is 100% covered by an insurance policy issued by SACE S.p.A. Middle East Energy, Mining & Utilities M&A Legal Advisor Mergermarket Middle East Awards 2017. We also advise financial institutions on U.S. anti-money laundering issues, sanctions, know-your-customer laws and regulations, corporate investigations and assist regional clients through our global network of offices in litigation – litigation and arbitration – as required.
United Arab Emirates: A new decree has been introduced in the emirate of Dubai to encourage the development of commercial and industrial land owned by government entities (including companies wholly or partially owned by the government). The new decree is aimed at commercial and industrial companies wishing to acquire a lease and develop land for their operational needs. Examples of such developments can be shopping malls, offices, utilities, factories, warehouses and logistics centers. Nakheel represented Abu Dhabi Islamic Bank and Samba Financial Group in connection with an AED 1.5 billion financing to Nakheel for a residential real estate project in Dubai. This agreement was named “Ijarah Deal of the Year” by Islamic Finance News in 2018. Emaar represented Emaar in its US$1.5 billion pre-IPO facility of First Abu Dhabi Bank PJSC. In addition, our team represents local and global clients in a variety of corporate, joint venture and commercial matters, including mergers and acquisitions, as well as legal, employment and regulatory considerations arising from operating in the UAE market. Our offices regularly collaborate on client matters, from the beginning of litigation, through litigation and appeals, to faster resolution. Kalbian Hagerty regularly represents clients in litigation before federal and state courts, US and international arbitrations, and courts and local authorities in the United Arab Emirates. With 9 offices in the Middle East in the United Arab Emirates, Saudi Arabia, Oman, Qatar, Jordan, Lebanon and Egypt, Dentons also has the largest network of international law firms in the region, enabling us to provide our clients with the best legal talent wherever they need us to help them execute a transaction or resolve a dispute. Our Abu Dhabi office opened in 1968 and is part of a fully integrated team of over 50 lawyers in the UAE, offering clients a full range of legal services in all major areas of banking and finance, corporate and commercial law, construction, dispute settlement, energy and projects, and TMT. Our knowledge of Arabic at all levels also enhances our ability to meet the legal and business needs of our clients in the UAE.
Based in Abu Dhabi and Dubai, our lawyers provide legal advice on a wide range of issues related to energy, infrastructure and project development (including public-private partnerships), mergers and acquisitions as well as corporate and commercial law, debt and equity markets, banking and finance (including project finance and Islamic finance) and financial restructuring and insolvency as well as international trade.