In July 2025, Lindsay Crawford joined the banking and finance team at Greenberg Traurig Limited, which is led by Shibeer Ahmed. The team is noted for its capabilities in a variety of cross border transactional mandates.
Banking and finance: Corporate finance (including Islamic lending) in United Arab Emirates
Greenberg Traurig Limited
Highlight-Mandate
A&O Shearman
In Dubai, A&O Shearman‘s finance practice group leverages a wealth of experience in both conventional and sharia-compliant lending mandates. The team, which is under the supervision of Samer Eido, acts for a mixture of international financial institutions, domestic banks and multinational corporations. Eido is recognised for his depth of expertise in murabaha facilities and syndicated term loan refinancings. He has a high level of expertise in Qatari, Saudi and Emirati transactions. Anthony Traboulsi is building a strong track record in the green sharia financing space and possesses considerable knowledge of the pharmaceutical, fintech and hospitality sectors.
Praxisleiter:
Samer Eido
Weitere Kernanwälte:
Anthony Traboulsi; Adam Fadian; Afsha Karim; Oumhani Fassi-Fihri
Referenzen
‘We have had the pleasure of working with the A&O Shearman team led by Anthony Traboulsi on a number of complex debt-raising instruments. Their expertise, professionalism, and remarkable responsiveness make them a trusted partner. The team combines deep technical knowledge with an ability to grasp the specific needs and sensitivities of a federal sovereign wealth fund, ensuring that every transaction is executed efficiently and with full control on costs.‘
‚What distinguishes the practice is its balance of precision and pragmatism, providing clear, commercially-focused advice underpinned by rigorous attention to detail. Their collaborative approach across banking, finance, and Islamic structuring disciplines creates a seamless client experience. We particularly value the team’s commitment to innovation and its disciplined use of technology and project management tools, which streamline documentation and accelerate closing timelines.‘
‚Overall, A&O Shearman stands out for delivering exceptional quality with consistency and speed, setting a benchmark for corporate finance counsel in the region.‘
Kernmandanten
Saudi Electricity Company
First Abu Dhabi Bank
QNB Group
Emirates Global Aluminium
Shorooq Partners Limited
Drake & Scull International
Ruya Partners
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- Advised the participants in connection with the USD7 billion Shariah-compliant murabaha facility for the Public Investment Fund (PIF).
- Advised a syndicate of 13 international and regional banks on USD3.6 billion conventional and murabaha term loan facilities provided to Saudi Electricity Company.
- Advised on the first three restructurings implemented under the UAE’s bankruptcy law.
Linklaters
Linklaters is a leader in the UAE’s corporate and Islamic finance space, demonstrating a strong presence in healthcare, energy, and sovereign wealth related mandates. The firm boasts a client roster consisting of both local and international financial institutions and is adept at handling syndicated sustainability-linked financing services and facilitating multi-tranche Ijara matters. The practice group is under the joint leadership of Kieron Zaman, who is recognised for his skill in arranging bridge-to-bond facilities, and Reem Al Sayegh, who is noted for her capabilities in mubaraha matters across multiple jurisdictions.
Praxisleiter:
Kieron Zaman; Reem Al Sayegh
Weitere Kernanwälte:
Mona Abu Zalaf; Valery Nformba; Yuri Nekrasov
Kernmandanten
Brookfield Asset Management
Mashreqbank PSC
First Abu Dhabi Bank
Emirates NBD Bank
Commercial Bank of Dubai
Emirates Islamic Bank
Abu Dhabi Commercial Bank PJSC (ADCB)
Dubai Islamic Bank
Citibank NA
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- Advising GEMS Education on its secured syndicated term and revolving multi-tranched conventional and Islamic facilities, refinancing its existing financing arrangements.
- Advising the arrangers on the bridge-to-bond conventional and Islamic facilities to OQ Exploration and Production LLC.
- Advising the financiers on the provision of Shariah-compliant acquisition financing facilities to a Fajr Capital-led consortium to purchase the GCC Business of Aster DM Healthcare.
Norton Rose Fulbright
Norton Rose Fulbright is well positioned to advise banks, financial institutions and corporations on mandates impacting jurisdictions across the GCC and the globe. The team is especially active in the energy, utilities and manufacturing sectors. Department head Mohammed Paracha, who is considered an authority in sharia-compliant transactions, is equipped to handle the entire scope of international banking mandates. Aditi Sanyal, a September 2024 arrival from Simmons & Simmons Middle East LLP, stands out for his ability in sustainability-linked facilities and refinancing matters. Yasser Muflahi and Jennifer Hanna are other key names of note. Nicholas Robinson left the firm in September 2025.
Praxisleiter:
Mohammed Paracha
Weitere Kernanwälte:
Aditi Sanyal; Dale Moulden; Yasser Muflahi; Jennifer Hanna
Referenzen
‘Good at being commercial and pragmatic.’
‘Mohammed Paracha is deal-oriented, razor sharp, hard-working and overall, very pleasant to work with. He is simply brilliant.’
Kernmandanten
National Bank of Egypt
Al Rajhi Bank
Riyadh Bank
Emirates NBD
Commercial Bank of Dubai
Abu Dhabi Commercial Bank
Mashreq Bank
Riyadh Air
First Abu Dhabi Bank
Crédit Agricole
National Bank of Egypt
Al Rajhi Bank
Riyadh Bank
Emirates NBD
Commercial Bank of Dubai
Abu Dhabi Commercial Bank
Mashreq Bank
Riyadh Air
First Abu Dhabi Bank
Crédit Agricole
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- Advised in relation to a USD1.92 billion green loan dual-tranche murabaha financing to Saudi Arabia’s Al Rajhi Banking and Investment Corporation (Al Rajhi Bank).
- Advised Riyadh Air, Saudi Arabia’s new national airline, on the closing of its inaugural Islamic Revolving Credit Facility amounting to $1.3 billion for its launch.
- Advised HSBC Bank Middle East as lender counsel on a sustainability linked Islamic facility provided to QInvest LLC, a subsidiary of Qatar Islamic Bank.
White & Case LLP
Under the supervision of Claire Matheson Kirton and Debashis Dey, the debt and Islamic finance group at White & Case LLP excels in an array of transactional mandates ranging from Ijara and Mubaraha facilities to a plethora of conventional cross border matters. Kirton stands out for her expertise in the aviation sector, frequently liaising with international banks and financiers on aircraft leasing deals. Dey is noted for his expertise in sukuk issuances but possesses know-how which extends to mezzanine facilities and recapitalisation exercises. Eren Ayanlar and Marcin Zawadzki are names to note while William Watson and Greg Pospodinis both left the firm in 2025.
Praxisleiter:
Claire Matheson Kirton; Debashis Dey
Weitere Kernanwälte:
Eren Ayanlar; Marcin Zawadzki
Referenzen
‘Very established practice with an in-depth knowledge of the market.‘
‘Very good associates and partners.‘
‘Very experienced, knowledgeable and expert in banking field.‘
Kernmandanten
Emirates
Propertyfinder Limited
La Ville Hotel
HSBC
United Al Saqer
Jumeriah Group
Emirates Water and Electricity Company (EWEC)
IHS Holding
Jubail Island Investment Company
Bank of America Merrill Lynch
ROSHN
J.P. Morgan
Goldman Sachs International
Emirates NBD
Gargash Enterprises group
Abu Dhabi Islamic Bank
First Abu Dhabi Bank
GFH Capital
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Addleshaw Goddard
Addleshaw Goddard is renowned for its expertise in international restructurings but leverages expertise which extends to islamic finance, revolving credit facilities and syndicated financing mandates. The team is jointly spearheaded by Robin Hickman, who leverages a wealth of multi jurisdictional expertise in his practice alongside Sandeep Puri, who is especially active in the telecommunications and real estate sectors. Philip Chalmers is noted for his capabilities in refinancing facilities and equity bridge loans. Sabina Passi is a key name to note for her strength in acquisition finance.
Praxisleiter:
Robin Hickman; Sandeep Puri
Weitere Kernanwälte:
Philip Chalmers; Sabina Passi
Referenzen
‘Strong technical ability, Strict adherence to deadlines, High accessibility and responsiveness levels.‘
‘Highly capable technically, strong business and market experience, clear understanding of market precedents. These all lead to strong negotiation positions which translates to timely agreement on and execution of transaction documents.‘
‚In addition to great accessibility, timely delivery and sound legal advice.‘
Kernmandanten
Cognita Limited
Mashreqbank
Abu Dhabi Commercial Bank
Standard Chartered Bank
HSBC Bank Middle East Limited
Emirates NBD Bank
Commercial Bank of Dubai
Barclays Bank
Ruya Partners
JP Morgan
Gulf Capital
Emirates NBD Bank
MUFG Bank
Aldar
Goldman Sachs
Al Ahli Bank of Kuwait
ABC Islamic Bank
Dubai Islamic Bank
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- Acting for the Metito group on the restructure of its existing bank debt from over 20 regional and international banks.
- Acting for the mandated lead arrangers on the facilities made available to TA in order to finance its majority acquisition of Alephya Education, a major school provider operating across the gulf.
- Acting for Azizi Developments LLC on a receivables financing from Cerberus Capital Management for strategic land acquisitions in the UAE.
Baker McKenzie LLP
Baker McKenzie LLP is home to a team of finance specialist who are capable of advising international banks, local financial institutions and multi national corporations on a plethora of mandates. The team, led by Adil Hussain, benefits from a wealth of Islamic finance expertise, advising on Murabaha and Ijarah facilities. Hussain is recognised for his Saudi-related finance work and has recently been active on complex bilateral facilities. The team is bolstered by Chaya Gupta, who impresses in cross border refinancing matters. Mazen Boustany left the firm in 2025.
Praxisleiter:
Adil Hussain
Weitere Kernanwälte:
Chaya Gupta; Avni Priyadarshi
Referenzen
‘The team is extremely capable and efficient. Their responsiveness and knowledge is truly commendable.‘
‘Chaya Gupta is proactive and responsive. She is extremely organised and has a deep understanding of complex subject matter. Her work is extremely thorough and outstanding.‘
‘Great partner involvement. Efficient and expedient with good quality work.‘
Kernmandanten
FIM Prime Marina Holding Ltd
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- Acting as legal counsel to FIM Prime Marina Holding Ltd, a special purpose entity wholly owned by a fund managed by FIM Partners, in relation to the Sharia compliant financing of its acquisition of the Nuran Marina serviced residences in Dubai Marina, from Eshraq Investments PJSC („Eshraq“) for a purchase price of AED 133 million.
Dentons
Stephen Knight leads the banking and finance team at Dentons which is noted for its strong presence in the energy and real estate sectors, advising on a plethora of project finance mandates. Knight frequently assists clients with sustainability-linked financing and revolving facilities while Qasim Aslam is noted for his capabilities in complex cross border transactions. Nathaniel Armstrong leverages a wealth of conventional and Islamic lending experience. Udayan Mukherjee strengthens the teams offering in the infrastructure and manufacturing industries.
Praxisleiter:
Stephen Knight
Weitere Kernanwälte:
Qasim Aslam; Nathaniel Armstrong; Udayan Mukherjee
Referenzen
‘Very much the „go to“ law firm in the UAE for any project/corporate finance transactions. Attention to detail, collaboration, experience, ticks all the boxes.‘
‘Nathaniel Armstrong is going from strength to strength and is very respected by banks and clients.‘
Kernmandanten
Abu Dhabi Commercial Bank PJSC (ADCB)
Abu Dhabi Islamic Bank PJSC (ADIB)
Aldar Properties PJSC
Abu Dhabi Future Energy Company PJSC (Masdar)
Banco Santander S.A
Barclays Bank
Commercial Bank of Dubai PJSC
Dubai Islamic Bank PJSC (DIB)
Deutsche Bank
Emirates NBD Bank PJSC
Energy Development Oman
Etihad Airways PJSC
First Abu Dhabi Bank (FAB)
GEMS Education
HSBC Middle East Limited
The Islamic Development Bank (IsDB)
JP Morgan Chase
Kuwait International Bank
Khaleeji Commercial Bank
Mashreqbank PSC
Nama Electricity Distribution Company SAOC
The National Bank of Ras Al Khaimah
The National Central Cooling Company PJSC (Tabreed)
National Bank of Bahrain
Sohar Power Company SAOG
The Helicopter Company
Veolia Middle East
EDF Renouvelables S.A.
Waha Capital PJSC
Highlight-Mandate
- Advised Aldar Properties PJSC (Aldar) in relation to its landmark AED9 billion (US$2.45 billion) sustainability-linked syndicated senior unsecured committed multi-tranche revolving credit facility.
- Advised on the project financing and development of the Hafeet Rail project. This initiative marks the GCC’s first cross-border rail project, including the future connection between Abu Dhabi and Sohar Port in Oman.
- Advised the syndicate of financiers on a landmark Shari’a-compliant syndicated ship financing totalling US$235 million for an Al Seer Marine and BGN joint venture, ABGC.
Afridi & Angell
At Afridi & Angell, the banking and finance team is jointly steered by Rahat Dar and Masood Afridi , acting as a go-to firm for a variety of UAE based banks and lenders. Dar is reputed for his depth of expertise in Ijarah facilities and restructuring mandates while Afridi is noted for his strong capabilities in the project finance space. Ananya Pandit is a key part of the team and has a strong track record in commodity finance matters.
Praxisleiter:
Rahat Dar; Masood Afridi
Weitere Kernanwälte:
Ananya Pandit
Referenzen
‘Afridi & Angell has been used by me for project development legal advice. I have used them in several major projects and they have been excellent. Masood Afridi has regularly excelled with his advice that helped to resolve the many challenges that invariably arise with large and complicated projects.‘
Kernmandanten
Citibank
Vision Bank
Ajman Bank
Bank of Fujairah
United Bank Limited
Mashreq Al Islami
Nedbank Limited
Absa Bank
Landesbank Baden-Wurttemberg
National Bank of Kuwait
Highlight-Mandate
- Acting as UAE counsel to the project Company in relation to the USD 900 million refinancing and restructuring of the original project financing for the purpose of establishing a power generation project in the UAE.
- Advised a UAE-based Islamic bank on a USD 115 million Ijarah facility to a hotel Sky Palace HM Limited, to restructure existing financing and fund a REIT in the Cayman Islands.
- Advising the borrower, a global natural resources company, in connection with four rounds of amendments to existing term loan facilities in excess of USD 3 billion.
Al Tamimi & Company
Al Tamimi & Company is frequently tasked with finding solutions to novel issues arising across the energy, financial services, and ESG sectors. The department is jointly led by Jody Waugh, who brings longstanding experience advising on Ijara structures, alongside Husam Hourani. The practice is further strengthened by the ‘responsive’ Mamoon Khan, who is particularly experienced in cross-border aviation leasing mandates. Ali Awad and Mark Brown are also key names within the practice.
Praxisleiter:
Jody Waugh; Husam Hourani
Weitere Kernanwälte:
Mamoon Khan; Mark Brown; Ali Awad
Referenzen
‚The team has good local law experience and knowledge. They are commercial in their outlook and help find solutions to novel problems.‘
‚Mamoon Khan always makes himself available, is responsive and solutions focused. He is very easy to deal with and is our local counsel of choice.‘
Kernmandanten
Dubai Islamic Bank
Standard Chartered Bank
Dubai Municipality
Dhabi Commercial Bank PJSC
Janus Henderson Investors US LLC
Wyn Resorts Group
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- Acting as local law counsel to the lenders in connection with the UAE and Oman aspects of the the Omani Emirati railway network project.
DLA Piper
DLA Piper is well regarded for its capabilities in restructuring and bankruptcy mandates, with expertise that also extends to Sharia-compliant facilities, secured financing matters, and bond issuances. The team is jointly led by James Iremonger, who is noted for his capabilities in insolvency proceedings, and Paul McViety, who is frequently called upon to arrange cross-border murabaha facilities. Richard Dassin provides additional strength across a range of financial services mandates.
Praxisleiter:
James Iremonger; Paul McViety
Weitere Kernanwälte:
Richard Dassin; Jonathan Downey; Chrissy Vassiliou
Referenzen
‚Chrissy Vassiliou is a pleasure to work with and has exceptional transaction management skills. She is responsive and commercial with strong technical expertise.’
‘Savvy and user friendly.‘
‚James Iremonger is exceptional.‘
Kernmandanten
The joint trustees of the KBBO Group
The joint administrators for NMC Health Plc
The joint trustees of the EHG Group
Emirates Islamic Bank PJSC (EIB)
Boubyan Bank KSCP
GymNation LLC
ComFi
Standard Chartered Bank
HSBC
Highlight-Mandate
- Acting for David Stark and Paul Leggett of Deloitte and Salem Ballama as the joint Court-appointed trustees of the KBBO Group, on the landmark debt restructuring of a diversified investment group headquartered in the UAE with operations across the MENA region, Europe and the United States.
- Acting for David Stark and Paul Leggett of Deloitte and Salem Ballama as joint trustees of the Emirates Hospitals Group (EHG), a private sector hospitals group with facilities and clinics in Dubai, Abu Dhabi and Ras Al Khaimah, in connection with the implementation of its restructuring plan which formed part of the wider KBBO bankruptcy proceedings.
- Advised Emirates Islamic Bank in relation to: a AED 290 million murabaha facility made available to Abdul Samad Al Qurashi Holding (ASQ), a Saudi Arabian company specialised and leader in the oud perfumes and fragrances.
Latham & Watkins LLP
Latham & Watkins LLP is well positioned to advise clients on revolving credit facilities, green loan financing and securitisations. The banking and finance practice, which is jointly led by Christian Adams and Villiers Terblanche, is frequently called upon by market-leading investment firms, domestic banks and multi-national corporations. Adams is a go to contact for energy companies and financial services firms. Mustafa Darwich is a name to note for his frequent activity in Saudi Arabian-focused financial mandates.
Praxisleiter:
Christian Adams; Villiers Terblanche
Weitere Kernanwälte:
Mustafa Darwich
Referenzen
‘This practice stands out for its technical expertise in corporate financing, combined with a highly responsive and commercially minded approach. The team consistently delivers strategic, business-focused advice, making them a trusted partner in complex transactions. Clients benefit from their ability to simplify legal complexities, anticipate challenges, and drive deals forward efficiently.‘
‚Compared to other firms, they offer a blend of precision, agility, and commercial insight.’
‘The individuals we work with consistently demonstrate exceptional technical skill, commercial awareness, and responsiveness. What sets them apart is their ability to combine their legal expertise with a pragmatic, solutions-oriented mindset, making them invaluable in complex financing transactions. We’ve particularly valued their clarity, availability, and collaborative approach.‘
Kernmandanten
Investcorp Holdings
e&
Francisco Partners
Syarah Limited
Tabby, Inc.
Masdar (Abu Dhabi Future Energy Company)
Brookfield Private Capital
Dubai Holding
Axian Telecom
Emirates REIT
Credit Suisse
JP Morgan
The Government of Dubai
The Dubai Financial Support Fund
Goldman Sachs
ADCB
FAB
Emirates NBD
DIB
Mubadala Investment Company
Highlight-Mandate
- Advised Investcorp on its US$800 million revolving credit facilities.
- Advised e& on its AED6.5 billion term loan facilities arranged by Abu Dhabi Commercial Bank PJSC and First Abu Dhabi Bank PJSC.
- Acted as borrower Counsel and transaction drafting counsel to Tabby, a Dubai-based payments services fintech, in connection with a revolving credit facility to be entered into with J.P. Morgan. The facility was secured by buy-now-pay-later consumer receivables originated in KSA and the UAE.
Pinsent Masons
Pinsent Masons continues to advise on mandates arising in the infrastructure, telecommunications, healthcare and energy sectors. Department head Matthew Escritt has a long standing reputation in the project finance space, assisting clients with dual tranche facilities and public-private partnerships. David Platt is a key part of the team, possessing experience in Wakala, Ijarah and Mubaraha structures. Albert Kromm is a name to note for sustainable islamic financing mandates and demonstrates a strong track record in the utilities sector.
Praxisleiter:
Matthew Escritt
Weitere Kernanwälte:
David Platt; Albert Kromm; Kenza Krim
Referenzen
‘The firm has a broad range of technical strengths, including syndicated and project finance transactions. It is very commercial and pragmatic and has a rare commitment to completing transactions with the minimum of fuss.’
‘Matthew Escritt is undoubtedly one of the leading finance lawyers in the UAE. He is very gentle in manner, but highly effective.’
‘Pinsent Masons can provide comfort to our banking transactions and address matters of English-law and UAE-law quickly and efficiently. They provide great support, competitive pricing and straightforward legal opinions that all contribute to successful closings.’
Kernmandanten
First Abu Dhabi Bank PJSC
HSBC Bank Middle East Limited
Mashreqbank PSC
Commercial Bank of Dubai
Lulu Group
Natixis
Saudi National Bank
Apicorp
Siemens Bank
Shinsei Bank
The Hongkong and Shanghai Banking Corporation Limited
Intesa Sanpaolo S.p.A.,
The Norinchukin Bank
Dubai Islamic Bank
Korea Development Bank
Ooredoo
Abu Dhabi Commercial Bank PJSC
Highlight-Mandate
- Advised the lenders on the provision of approximately USD240 million of senior debt financing (with hedging) on a Wakala-ijara financing structure and a further USD60 million of equity bridge financing (again with hedging) on a Murabaha financing structure for the Consortium’s bid for the development, construction, operation and maintenance of the 300MW Rabigh 2 solar photovoltaic project in Saudi Arabia.
- Advised the senior lenders, senior hedging banks, equity bridge lenders and administrative parties for more than 18 months in connection with the first waste-water sewage treatment project in Qatar procured under Qatar’s new PPP framework
- Advising T14 Holdings Limited (the real estate / hospitality arm of Lulu group) as borrower in connection with AED 455,000,000 (approx. US$ 125,000,000) working capital term facilities made available by Mashreqbank psc were secured against the Pullman Hotel in Dubai and related accommodation facilities.
Stephenson Harwood Middle East LLP
Stephenson Harwood Middle East LLP is internationally recognised for its maritime finance expertise and has been expanding its presence in the renewable energy, agriculture, and financial services sectors. Department head Rustum Shah handles a broad range of mandates, including PPP joint ventures, revolving financing facilities, Murabaha structures, and corporate redomiciliations. Murtaza Hussain adds further depth to the banking and finance practice, with experience in insolvency proceedings and trade finance mandates.
Praxisleiter:
Rustum Shah
Weitere Kernanwälte:
Murtaza Hussain
Kernmandanten
Al Dahra Global Treasury Excellence Centre Limited
Yellow Door Energy Limited
National Bank of Fujairah PJSC
The Arab Energy Fund
Sun International FZE
The Omniyat Group
Dubai Islamic Bank PJSC
Emirates NBD Bank PJSC
ICICI Bank Ltd, Dubai Branch
Axis Bank Ltd
Commercial Bank of Dubai
Highlight-Mandate
- Acted as sponsor’s counsel for the landmark PPP joint venture formed by a GCC government owned port operator and a private group that is a world leader in shipping and logistics.
- Acted as legal counsel to a Middle Eastern bank on a cross-border distressed debt restructuring and acquisition financing involving syndicated facility transition, covenant releases, and intercreditor arrangements across six jurisdictions.
- Advised Al Dahra on a structured trade finance transaction involving flash title transfer, receivables purchase, and multi-jurisdictional assignment mechanics to support regional wheat commodity imports.
Akin
Akin is recognised for its considerable depth of expertise in both corporate and Shari'ah-compliant lending mandates, regularly advising clients in relation to major aviation, oil and industrial finance matters. Department head Rizwan Kanji is adept at handling Murabaha facilities, internal restructurings and Wakala agreements. Andrew Heller is a name to note for multi-jurisdictional direct lending transactions. Nicola Mervini and Sahar Abas bring additional strength to the practice.
Praxisleiter:
Rizwan Kanji
Weitere Kernanwälte:
Andrew Heller; Nicola Mervini; Sahar Abas
Referenzen
‘The team is outstanding, highly experienced, genuinely supportive, and consistently committed to delivering exceptional results. Their expertise and support were instrumental in the success of our inaugural international sukuk.‘
‘Rizwan Kanji, Sahar Abas, and Nicola Minervini were exceptional in every respect as legal counsel. Their expertise, commitment, and strategic insight added real value to the process and were key to its success.’
Kernmandanten
GFH Financial Group B.S.C.
Emirates NBD Capital Limited
Emirates NBD Bank P.J.S.C.
Avolon Aerospace Leasing Limited
Highlight-Mandate
- Advised GFH Financial Group B.S.C. in establishing a Shari’ah compliant investment fund which has been uniquely structured to satisfy Shari’ah requirements and ensure U.S. tax efficiency.
- Advised long-standing client Emirates NBD Capital Limited in relation to the Shari’ah compliant AED 1.2 billion (circa US$327 million) Murabaha financing for Parkin Company P.J.S.C.
- Advised a syndicate of financiers on a US$1 billion senior unsecured dual tranche conventional and Islamic compliant financing for Avolon Aerospace, a leading global aviation finance company.
Eversheds Sutherland LLP
Under the joint supervision of Ashley Halewood and Mohsin Abbasi, the banking & finance practice group at Eversheds Sutherland LLP remains especially active in internationally significant aviation, energy and investment finance mandates. Halewood has a wealth of experience with bilateral loan development facilities and Islamic liquidity management. Abbasi leverages considerable expertise in sustainability-linked financing expertise. In July 2025, Clint Dempsey left the firm.
Praxisleiter:
Ashley Halewood; Mohsin Abbasi
Kernmandanten
Dukhan Bank
Urbium Capital Limited
Dubai Islamic Bank
Classic Fashion Apparel Ltd Co
Multinational Bank
HSBC Bank Middle East
Doha Bank
Abu Dhabi Commercial Bank
Commercial Bank of Dubai
Dukhan Bank
Urbium Capital Limited
Dubai Islamic Bank
Classic Fashion Apparel Ltd Co
Multinational Bank
HSBC Bank Middle East
Doha Bank
Abu Dhabi Commercial Bank
Commercial Bank of Dubai
Highlight-Mandate
Gibson Dunn
Laleh Shahabi chairs the global finance, projects and infrastructure practice at Gibson Dunn, which is called upon to facilitate the financing of major traditional and renewable energy projects. Shahabi is geared to support on revolving facilities, IPO financings and dividend recapitalisation mandates. She is supported by Elizabeth Wood who possesses experience with multi-jurisdictional Murabaha facilities. Charles Case and Galadia Constantinou are additional names of note.
Praxisleiter:
Laleh Shahabi
Weitere Kernanwälte:
Elizabeth Wood; Galadia Constantiou; Charles Case
Referenzen
‘Very good technical lawyers. Highly responsive.‘
‚The team has exceptional legal acumen and take a collaborative approach in work with us as co-counsel. Usually are very practical and business-oriented and work with us to help the client meet its objectives.‘
‘In addition to clearly being very capable and demonstrating the ability to handle multi-faceted and complex banking arrangements, they are also able to benchmark versus the market to provide an outside in perspective on whether the deal at hand is good value versus other options. This commercial accumen is valuable and not always expected from a law firm.’
Kernmandanten
Abu Dhabi National Oil Company (ADNOC)
Huda Beauty
ACWA Power Company
RedBird IMI
Delivery Hero
Kohlberg Kravis Roberts & Co Partners LLP (KKR)
Abu Dhabi Commercial Bank
Emirates NBD Bank
Hong Kong Mortgage Corporation
BlackRock
Abu Dhabi National Oil Company (ADNOC)
Huda Beauty
ACWA Power Company
RedBird IMI
Delivery Hero
Kohlberg Kravis Roberts & Co Partners LLP (KKR)
Abu Dhabi Commercial Bank
Emirates NBD Bank
Hong Kong Mortgage Corporation
BlackRock
Highlight-Mandate
- Represented a consortium of 10 lenders in the refinancing of the Al Dur Phase II Independent Water and Power Project in Bahrain. Riyad Bank acted as Intercreditor Agent during the refinancing process, with ACWA Power and Mitsui as sponsors and Haya Power & Desalination Company B.S.C. (Closed) as the borrower.
- Advised ACWA Power, The Saudi Electricity Company, and Haji Abdullah Alireza & Co, as the sponsors, in connection with the project financing of both the Taiba 1 and Qassim 1 CCGTs (combined-cycle gas turbines) independent power projects in the Kingdom of Saudi Arabia, each boasting a production capacity of 1,800 megawatts.
- Advised Abu Dhabi Commercial Bank, Hong Kong Mortgage Corporation, and Emirates NBD Bank on the refinancing of the 200 MW solar Shuaa Energy 1 Independent Power Project in Dubai.
Hadef & Partners
Hadef & Partners is geared to support clients on UAE finance law, commodity lending mandates and cross border loan facilities. Practice head Catriona McDevitt is recognised for her capabilities in Murabaha transactions and sustainability-linked loans. The team is bolstered by Ajai Ramakrishnan, who often represents multinational corporations, as well as Aziz Yasin, who impresses in renewable energy project finance matters.
Praxisleiter:
Catriona McDevitt
Weitere Kernanwälte:
Ajai Ramakrishnan; Aziz Yasin
Referenzen
‘Working with Catriona McDevitt was straightforward and she took a practical and commercial approach.‘
Kernmandanten
Pure Health Holding LLC
Epic Group Holdings Limited (EGHL)
Societe De Promotion Et De Participation Pour La Cooperation Economique (Proparco)
Bracewell LLP (Dubai Branch)
Syrah Global DMCC
Apical Middle East FZCO & Asian Agri FZCO (new client)
Rimco Investments LLC
Highlight-Mandate
- Instructed by Pure Health Holdings (PHH) concerning a significant transaction involving the acquisition of Hellenic Healthcare Group (HHG). Deal value USD2.3 billion.
- Instructed by an international law firm to act as UAE and DIFC legal counsel for a leading Asia-based apparel manufacturer and its group subsidiaries in connection with a USD 70,000,000 financing provided by International Finance Corporation (part of the World Bank).
- Instructed by an international law firm to act as UAE counsel to a consortium of European lenders, including DEG and Proparco, in connection with a USD 60,000,000 financing to a Dubai-based borrower.
Morgan, Lewis & Bockius LLP
Multinational corporations, foreign financial institutions and domestic players call upon Morgan, Lewis & Bockius LLP for advice on a plethora of banking and finance mandates. Department head Alexey Chertov excels in the prepayment and real estate finance space while Grigory Marinichev receives praise for his debt and equity financing expertise. Sourabh Bhattacharya is well known in the market for his aviation finance knowledge.
Praxisleiter:
Alexey Chertov
Weitere Kernanwälte:
Grigory Marinichev; Sidanth Rajagopal; Sourabh Bhattacharya
Referenzen
‚A very responsive and practical team. They understand time-sensitive matters and keep you regularly updated. There is a real sense of ownership over the work.‘
‚What stands out is the consistency of performance across the team. You get the sense that junior and senior lawyers are well-integrated, with a strong understanding of commercial context and clear internal communication.‘
‘Alexey Chertov is solution-focused and calm under pressure. Alexey provides steady and well-reasoned advice that reflects both technical depth and awareness of commercial timelines.‘
Kernmandanten
Mered
Nedbank CIB
Dubai Aviation Corporation (t/a Flydubai)
Veling Ltd
Natixis SA
ACIA Aero Leasing (Ireland) Limited (aircraft leasing company)
Macquarie
HSBC Bank Middle East Limited
Etihad Aviation Training LLC
Vitol
Riyadh Air
Standard Chartered Bank
Trafigura (Dubai branch)
Atlantis Commodities Trading LTD (Singapore)
Mered
Nedbank CIB
Dubai Aviation Corporation (t/a Flydubai)
Veling Ltd
Natixis SA
ACIA Aero Leasing (Ireland) Limited (aircraft leasing company)
Macquarie
HSBC Bank Middle East Limited
Etihad Aviation Training LLC
Vitol
Riyadh Air
Standard Chartered Bank
Trafigura (Dubai branch)
Atlantis Commodities Trading LTD (Singapore)
Mered
Nedbank CIB
Dubai Aviation Corporation (t/a Flydubai)
Veling Ltd
Natixis SA
ACIA Aero Leasing (Ireland) Limited (aircraft leasing company)
Macquarie
HSBC Bank Middle East Limited
Etihad Aviation Training LLC
Vitol
Riyadh Air
Standard Chartered Bank
Trafigura (Dubai branch)
Atlantis Commodities Trading LTD (Singapore)
Highlight-Mandate
- Represented Mered on the real estate finance and development project for its flagship project in Dubai Internet City in Dubai, UAE (registered as “Iconic Tower”).
- Represented Nedbank CIB on the enforcement of security over two Boeing 737-800 aircraft coming out of the insolvency of South African airline Comair, which was effected through a sale to Aircraft Engine Lease Finance Inc. (AELF).
- Acted for Nedbank CIB in financing of one used Boeing 737-800 aircraft arranged and underwritten by Nedbank Limited. Aircraft Engine Lease Finance Inc. (AELF), as the servicer and owner of the borrowing SPV, availed the US$ 13 million financing for the acquisition of a 737-800 from South Africa’s Nedbank Corporate and Investment Banking (Nedbank CIB).
Reed Smith
With strong credentials in the financial services sector, the banking team at Reed Smith regularly advises clients on Islamic lending matters, receivables financing transactions and debt reprofiling mandates. Amir Ahmad spearheads the team and is praised by clients for his ability to provide ‘real world solutions to often out of this world problems’. Umbreen Meenai is a name to note for his proficiency in facilitating Ijara transactions.
Praxisleiter:
Amir Ahmad
Weitere Kernanwälte:
Umbreen Meenai; Oliver Spence
Referenzen
‘The Reed Smith team specialise in complex distressed situations providing invaluable advice to shareholder and other stakeholder groups.‘
‘Amir Ahmad has an ability to navigate complexities of cross-jurisdictional approaches in a way that provides real world solutions to often out of this world problems.’
‘Amir Ahmed and Umbreen Meenai are diligent as well as commercially minded. They know when to push back on our behalf and knowing what to let go of to get the deal done, without spinning our wheels.‘
Highlight-Mandate
DWF Middle East LLP
The finance and restructuring team at DWF Middle East LLP has the capacity to deal with corporate insolvency mandates, syndicated loans and Mubaraha facilities. Under the supervision of Matthew Dyson, the team is active in domestic real estate transactions and international infrastructure deals. Dyson is noted for his expertise in a variety of Islamic finance matters.
Praxisleiter:
Matthew Dyson
Weitere Kernanwälte:
Sara Farid
Referenzen
‘The finance and restructuring team at DWF, led by Matthew Dyson, combines deep local and regional knowledge with an impressive familiarity with market-standard documentation, making transactions highly efficient. They are proactive and willing to devise novel solutions when challenges arise, ensuring that deals run smoothly and clients‘ objectives are met.‘
‘Matthew Dyson is approachable, responsive and has a unique ability to make complex banking issues clear and practical. He stands out for his technical expertise and calm, solutions-driven approach, consistently delivering high-quality advice under pressure.‘
Kernmandanten
Dubai Islamic Bank PJSC
Emirates NBD Bank PJSC
Emirates Islamic Bank
Sayacorp Capital Ltd
Sayacorp BSC
Augusta Ventures Ltd
Bank of China
Vision Bank Ltd
AON
Epik Foods Holding Company Limited
Neoma Private Equity Fund IV (NPEF IV)
First Abu Dhabi Bank – Misr
LuLu Financial Holdings
Highlight-Mandate
- Acting for Emirates NBD Capital in relation to the cross-border, multi-currency, dual conventional-Islamic syndicated financing made available to a Turkish public-sector entity.
- Advising the UAE’s leading Islamic bank in relation to an AED 1.25 billion Shariah-compliant refinance of a leading real estate development project in Dubai which had previously received “rescue finance” from an overseas debt fund.
- Advising a financial institution creditor in relation to the first creditor-led petition for restructuring under the UAE’s new Restructuring & Insolvency Law.
Watson Farley & Williams
Watson Farley & Williams leverages a wealth of finance expertise to advise on cross border Islamic financing mandates, renewable energy loan facilities and maritime financings. Michael Savva is recognised for his experience in the development finance space while Emily Widdrington leverages a wealth of shipping expertise. Charlotte Knight brings additional strength to the bench.
Weitere Kernanwälte:
Michael Savva; Emily Widdrington; Charlotte Knight
Referenzen
‘Very commercial’
‘Charlotte Knight is exceptional.‘
Kernmandanten
National Bank of Fujairah
Arab Banking Corporation (BankABC)
BNP Paribas
Warba Bank
EnTrust / Maas Capital
ABN AMRO Bank N.V.
MSC Mediterranean Shipping Company S.A.
Standard Chartered Bank
DNB Bank ASA, New York
Highlight-Mandate
- Advised Warba Bank and BNP Paribas on a first-of-its-kind cross-border sukuk for a French LNG vessel project. The Shari’ah-compliant structure involved complex coordination across France, Norway, and Kuwait, combining Islamic finance with French leasing law.
- Advising National Bank of Fujairah on the AED 1.2bn refinancing of 31 solar PV projects developed by Yellow Door Energy in Dubai.
- Advised a bank consortium on a US$500m revolving credit facility for Scorpio Tankers to finance 26 product tankers. The facility, led by BNP Paribas, Standard Chartered, and DNB, includes a US$100m accordion feature.