Hall Of Fame

Banking and finance in Oman

Addleshaw Goddard

The banking and finance team at Addleshaw Goddard is geared towards high-value, international transactions and is particularly adept at financing infrastructure and industrial projects, as well as handling conventional and Islamic loans, facilities, and bond-related deals. Roger Byrne chairs the Muscat-based team and fields over 40 years’ worth of transactional experience, while James Shaw plays an increasingly leading role in corporate, project, and real estate finance, in addition to his experience in syndicated and bilateral deals. Liam Mehigan and Asila Al Hinai are also experienced in advising both lenders and borrowers.

Praxisleiter:

Roger Byrne


Weitere Kernanwälte:

James Shaw; Liam Mehigan; Asila Al Hinai


Referenzen

‘Solution oriented advice. Commitment to timelines. Local knowledge with international support.’

‘Roger Bryne has practical solutions, strict timelines, experience in banking and local expertise.’

‘Very thorough in their tasks.‘

Kernmandanten

HSBC Bank (Middle East) Ltd


Standard Chartered Bank – Oman Branch


Sohar International Bank


National Bank of Oman


Bank Muscat


Bank Dhofar


OQ


Highlight-Mandate


  • Advising PFCL as project financier to ACME Global Green Hydrogen Ltd on its secured USD515m term facility for the design, build, ownership, operation, and maintenance of a 300 MT/day green ammonia project, renewable energy-based (solar, wind and battery energy as storage system) situated at Duqm, Oman.
  • Advised SIB on its USD200m secured term facility to United Solar Polysilicon (FZC) SPC for the construction of an electricity sub-station to support the construction and operation of a polysilicon plant in Sohar, Oman.
  • Advised Bank Musat as mandated lead arranger for the conventional and Islamic financiers syndicate on the secured USD950m conventional and Islamic term loan facilities for the construction and operation of a 2.5 MTPA integrated green steel plant at Duqum, Oman.

Al Busaidy, Mansoor Jamal & Co

Al Busaidy, Mansoor Jamal & Co's banking and finance team boasts a fountain of expertise for both conventional and Islamic transactions, and includes among its portfolio of mandates aviation, real estate, asset project and corporate-related financing. Mansoor Jamal Malik jointly heads the team alongside Marcus Perry, both fielding an array of experience in local and international project finance, debt restructuring, bilateral, and syndicated lending. Zarrar Mir and Andrew Coddington are both key members of the practice for trade, infrastructure, and asset financing mandates, leveraging broad experience in advising both lenders and borrowers.

Praxisleiter:

Mansoor Jamal Malik; Marcus Pery


Weitere Kernanwälte:

Zarrar Mir; Andrew Coddington; Yousaf Nasim


Referenzen

‘Knowledge of the lawyers about regulation and local laws. Expertise in Islamic Banking and Finance. Availability and professionalism.’

‘Legal knowledge of Zarrar Mir is exceptional.‘

‘Marcus Pery and Mansoor Jamal Malik have great practical inputs from a local market perspective.’

Kernmandanten

Arab Banking Corporation B.S.C.


Arab Bank Plc


Ahli Bank SAOG


Ahli Islamic – Ahli Bank SAOG


Advario Terminals LLC


Bank Muscat SAOG


Meethaq Islamic Banking – Bank Muscat SAOG


Bank Nizwa SAOG


Bank Dhofar SAOG


BBK B.S.C.


Emirates NBD PJSC


First Abu Dhabi Bank PJSC


Gulf International Bank B.S.C


International Finance Corporation


Jindal Shadeed Iron & Steel LLC


Mashreq Bank


National Bank of Oman SAOG


National Finance Co. SAOG


Oman Arab Bank SAOG


Sohar International Bank SAOG


Sohar Aluminium Co. LLC


SMBC Aviation Capital Ltd


Taageer Finance Co. SAOG


State Bank of India, Muscat Branch


United Solar Polysilicon (FZC) SPC


Vulcan Green Steel LLC (now, Now Jindal Steel Duqm LLC)


Highlight-Mandate


  • Advised Advario Terminals LLC as the sole legal counsel on the USD115m syndicated financing.
  • Advised Bank Muscat – Meethaq Islamic Banking on an OMR20m conventional and Islamic facilities to Duqm Development Company LLC for financing the development of real estate project at SEZAD.
  • Advised Bank Muscat SAOG on a secured term loan facility to Asyad Group SAOC.

Dentons

Dentons's financial practice is often turned to for its expertise in financing, and the group is led by Sadaf Buchanan, who fields a strong track record in financial transactional matters and leads on a broad spectrum of deals. The team's offering encompasses advice on bilateral and syndicated lending, as well as Islamic financial products, and it is experienced in assisting clients with navigating Omani financial and Shariah regulation. Riza Ismail is also a key member of the team and advises on corporate and project finance, including for major energy and utilities infrastructure projects.

Praxisleiter:

Sadaf Buchanan


Weitere Kernanwälte:

Riza Ismail


Referenzen

‚Dentons stands out because of its client-centric approach, deep industry expertise, and commitment.‘

‚They are always a call away and extremely responsive.‘

‚What makes them unique is their ability to combine deep technical expertise with a practical, client-focused approach.‘

Kernmandanten

NMC Healthcare


Energy Development Oman SAOC


Dar Global


Sohar Power Company SAOG


Bank Dhofar SAOG


Etihad Rail


Highlight-Mandate


  • Advised EDO as Oman counsel on the update of its trust certificate issuance programme and its global medium term note programme under Rule 144A.
  • Acted as OETC’s counsel in its backstop facility of up to USD1bn with a syndicate of local and regional lenders.
  • Acted as Oman counsel in the establishment of the international Sukuk trust certificate issuance programme, listed on the International Securities Market of the London Stock Exchange.

Said Al-Shahry & Partners (SASLO)

Said Al-Shahry & Partners (SASLO)'s banking and finance is lauded for its ‘exceptional professionalism, in-depth knowledge, and proactive approach’, and remains a key port of call for corporate and project financing, as well as bilateral and syndicated lending. The team is also highly capable in mandates surrounding equity and debt transactions, including those involving Islamic financial instruments. Thamer Al Shahry and Jeremy Pooley jointly head the practice, and they are ably supported by Maria Mariam Rabea Petrou in project financing. Sherif Hampton is another key member of the team for Islamic banking.

Praxisleiter:

Thamer Al Shahry; Jeremy Pooley


Weitere Kernanwälte:

Sherif Hampton; Maria Mariam Rabea Petrou


Referenzen

‘SASLO is the top firm in Oman. They are authoritative and responsive. First stop for any banking or financial services advice.’

‘The whole team is outstanding. Thamer Al Shahry stands out.’

‘SASLO has a strong banking and finance practice; I have worked personally with Jeremy Pooley, who brings a strong understanding and ability to advise and consult on this subject.’

Kernmandanten

Oman National Investments Development Company SAOC (Tanmia)


Tanmia Small Cap Fund


Jabal Asset Management LLC


Sohar International Bank SAOG


Financial Services Authority


Ahlibank SAOG


Oman ICT Group (ITHCA)


Oman Investment Authority


OQ SAOC


The Pearl REIF


Bank Muscat SAOG


Ministry of Finance


Oman Investment and Finance Co SAOG


Al-Imam Jabir Bin Zayed Foundation


Qurayyat Desalination SAOC


First Mazoon Fund


Capital Desalination Company SAOC


Highlight-Mandate


  • Advised Jabal Asset Management LLC, in its capacity as the investment manager of the Jabal Real Estate Investment Fund, on all legal aspects of the launch.
  • Advised the Oman Investment Authority on the launch of the USD180m Jasoor Fund.
  • Advised the Public Investment Fund of Saudi Arabia on their investment as an anchor investor in the OQEP (OQ Exploration and Production) IPO.

Trowers & Hamlins LLP

Praised by clients as ‘strong in terms of technical capability’, the banking and finance practice at Trowers & Hamlins LLP is experienced in advising both borrowers and lenders in financing, bilateral, and syndicated transactions, and it also boasts a strong track record in derivative product sales. Salman Ahmed leads the practice and routinely handles deals involving Islamic finance instruments. Ahmed works closely with Debopam Dutta in structured finance and issuance deals, and Moeen Qayum is a key operator for debt capital markets matters.

Praxisleiter:

Salman Ahmed


Weitere Kernanwälte:

Debopam Dutta; Moeen Qayum


Referenzen

‘Trowers & Hamlins’ Banking and Finance practice is strong in terms of technical capability and the quality of advice delivered. Their lawyers are thorough, detail-oriented, and provide reliable guidance across complex financing structures.

‘The individuals I have worked with have strong technical knowledge and a professional approach. Associates are diligent, approachable, and handle matters with commendable attention to detail.‘

Highlight-Mandate


  • Advised a syndicate of banks as lenders‘ counsel on the project financing for the construction and commissioning of a new copper-gold mining facility and the establishment of a facility at the Sohar port.
  • Advised Alizz Islamic Bank as sole transaction counsel on the issuance of OMR30m Additional Tier 1 Capital Sukuk.
  • Acted for the agent and the Original Lenders in one of the largest bridge financings of USD1bn in Oman for Oman Electricity Transmission Company S.A.O.C.

Al Tamimi & Company

Al Tamimi & Company's banking and finance department boasts a strong track record in advising both local and multinational clients on a variety of transactional and regulatory matters. The team is a key port of call for financing, refinancing, and multijurisdictional deals involving bilateral and syndicated facilities. Sakshi Puri acts as department head and is sought after by clients for her expertise in Islamic finance and structured finance products. She works closely with Asad Vellani in regulatory compliance matters.

Praxisleiter:

Sakshi Puri


Weitere Kernanwälte:

Asad Vellani


Referenzen

‘Sakshi Puri is great and swift with responses and is solution oriented.‘

Highlight-Mandate


CMS Cameron McKenna Nabarro Olswang LLP (in association with Al Rashdi, Al Juma and Ewing Advocates and Legal Consultants)

CMS Cameron McKenna Nabarro Olswang LLP (in association with Al Rashdi, Al Juma and Ewing Advocates and Legal Consultants)'s finance practice advises borrowers across a spectrum of conventional and Islamic finance transactions, and has been retained in facilities and ESG loans and bonds, among others.  Helen Dean leads the Muscat-based team and is experienced in bilateral and syndicated facilities, loans, and project finance mandates, and was promoted to partner in April 2025. Bassam Al Raisi is also active in finance-related matters, including corporate, real estate and project finance.

Praxisleiter:

Helen Dean


Weitere Kernanwälte:

Bassam Al Raisi


Kernmandanten

Oman Tower Company LLC


KCA Deutag International Ltd


KCA Deutag Energy LLC


Oman Brunei Investment Company SAOC


Omani Hospitality Company SAOC


Petrogas Exploration & Production LLC


Mazoon Petrogas SAOC


Oman Information and Communication Technology Group SAOC (Ithca Group)


Alizz Islamic Bank SAOC


OQ Base Industries SAOG


OQ LPG SPC


Siemens Bank GmbH


Oman Investment Bank


Highlight-Mandate


  • Advising OQ Base Industries SAOG and its subsidiary, OQ LPG SPC, on the release of securities following the repayment of each of their facilities.
  • Advised Siemens Bank GmbH on comprehensive regulatory advice in relation to Oman including in respect of syndication of loan transactions in Oman.