With its in-house legal team led by Eyad Mahadeen (pictured), chief legal officer and board secretary at ADGM, Abu Dhabi Global Market (ADGM) have joined forces with the UAE’s first all-digital bank licensed by the UAE Central Bank, Zand Bank, to support technology-based small and medium enterprises (SMEs) in Abu Dhabi. As per the Memorandum of […]
International law firm Clifford Chance has recently advised the Government of the Emirate of Sharjah on its historic sustainable bond issuance, marking the first time a GCC sovereign has issued such a bond. The Sharjah
The arbitration team at Mahmood Hussain Law Firm (MHLF) has secured a major win for their client in a recent case before the Dubai International Arbitration Centre (DIAC). The case involved a renowned contractor for
MONTFORT, a global commodity trading and related-asset investment company, has recently appointed Ziad Zarka (pictured) as its new General Counsel in Dubai. Zarka brings over 25 years of senior and executive roles in legal, compliance, and
Deal & transactions
Services
United Arab Emirates
Eversheds Sutherland on Gulf Capital’s CWB merger with PETOŠEVIĆ
Gulf Capital’s CWB Group has announced its merger with PETOŠEVIĆ Group, forming an international intellectual property (IP) firm that will cater to clients across 52 countries in the Middle East, North Africa, Eastern Europe,
Gowling WLG‘s Corporate Group in the United Arab Emirates has added Edward Brown (pictured) to its team as a counsel. Brown will be leading the funds and financial services practice in the Dubai
Al Tamimi & Company has announced that Wesley Wood (pictured), a specialist shipping lawyer, has joined its Shipping, Aviation & Logistics team as partner in their Dubai office. With over 13 years of experience advising on
Regulatory
United Arab Emirates
DLA Piper advises on UAE’s first virtual assets regulatory framework
DLA Piper has acted as exclusive global legal advisor for the Dubai Virtual Assets Regulatory Authority (“VARA”), on the creation of the Emirate’s virtual asset specific regulatory framework. Published on 7 February 2023, the Virtual Assets
Banking & Finance
United Arab Emirates
Clifford Chance: Emirates Islamic issues AED-denominated sukuk
International law firm Clifford Chance provided advisory services to Emirates Islamic, a prominent Islamic bank in the UAE and 99.9% owned by Emirates NBD Bank, for the issuance of AED 1 billion 5.050 per cent. sukuk that matures
Private Clients
United Arab Emirates
Ammar ElBanna successfully represents client in UAE Federal Supreme Court
In a recent case, Ammar ElBanna, the Founder of Incept Legal and Of Counsel at Khodeir & Partners, represented a multinational company and succeeded in persuading the UAE Federal Supreme Court to uphold the stipulated
