Linklaters has advised clients on transactions in the Middle East for over 30 years. The firm has extensive experience of advising a range of government organisations and privately-owned businesses, acting on transactions throughout the region, including in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Iraq, Bahrain, Oman, Jordan, Lebanon and Egypt.
Our global approach, commitment to excellence and depth of experience mean that we have established a leading position for delivering complex and innovative advice to clients operating in, moving into, and looking to expand in the region. We have specialised teams dedicated to our operations in Saudi Arabia and Qatar which are headed by experienced partners.
Linklaters is acknowledged as a market leader for corporate/M&A, capital markets, banking, project finance and Islamic finance transactions. The firm’s track record includes acting on some of the most significant and innovative deals that the region has seen in recent years.
Recent transactions include advising:
- the commercial lenders and NEXI on the Mirfa IWPP in Abu Dhabi
- Bahrain Telecommunications Company on the US$1.025bn acquisition of the Monaco & Islands division of Cable & Wireless Communications Plc
- HSBC Bank Middle East Limited as co-ordinator of 13 local and international banks exposed to Lamprell plc through a large number of syndicated and bilateral, loan and bonding facilities
- Dana Gas Sukuk Limited on the US$425m issue of trust certificates (sukuk al-Mudarabah) exchangeable for shares in Dana Gas P.J.S.C (as part of the award-winning 2013 restructuring of Dana Gas’ 2007 sukuk issue)
- the joint lead managers on the US$1.5bn dual tranche issuance by QNB Finance Ltd, guaranteed by Qatar National Bank S.A.Q.
the lenders to the bidder on the US$2bn Madinah Airport Expansion Project, Saudi Arabia
US$240m acquisition by Genel Energy plc of an additional 21% interest in the Bina Bawi exploration block in the Kurdistan Region of Iraq
Citibank, N.A., London, HSBC Bank Middle East Limited and Dubai Islamic Bank PJSC on the US$1.75bn senior unsecured syndicated credit facility (comprising a conventional term facility and two Islamic facilities (a murabaha facility and an Ijara facility)) for Dubai Duty Free
a group of export credit agencies and lead arrangers on the US$1.4bn multi currency limited recourse project financing of the Jorf Lasfar IPP Expansion
the senior lenders on the restructuring of a US$700m facility in relation to a hotel complex in Dubai: Atlantis, The Palm, Jumeirah
on the disposal by Lloyds TSB Bank plc of its onshore banking business in the UAE to HSBC
the joint lead managers on the issue of US$500m floating rate notes issued by ADCB Finance (Cayman) Limited guaranteed by Abu Dhabi Commercial Bank PJSC
Merrill Lynch International, Barclays and J.P. Morgan on the US$500m 1.00% Convertible Bonds due 2018 issued by National Bank of Abu Dhabi P.J.S.C.
Linklaters has an active Saudi practice and has formed a close working relationship with Zamakhchary & Co. (formerly AlGasim Zamakhchary), a leading firm in the market, to offer outstanding service to clients in Saudi Arabia. Linklaters works with Zamakhchary & Co. on international and cross-border matters, with a particular focus on transactions in the following practice areas: Corporate/M&A, Capital Markets, Banking & Islamic Finance and Project Finance.