Shearman & Sterling has a distinguished record in M&A, project development, banking and finance, financial institutions advisory & financial regulatory, capital markets, private equity and dispute resolution in the Middle East. We are leaders in many of the major regional sectors of the regional economy, including oil & gas, power, financial institutions, infrastructure and finance, where we provide legal advice to clients throughout the Middle East, as well as foreign investors seeking opportunities in the region. We act as the key legal advisor on some of the region’s biggest projects, advise on regional and foreign investment and financing transactions, and handle major international arbitrations.
Clients in the region include multinational companies, government ministries, state-owned companies, banks, investment agencies and financial sponsors in the United Arab Emirates, the Kingdom of Saudi Arabia, the State of Qatar, Kuwait, Egypt, the Sultanate of Oman, the Kingdom of Bahrain, Algeria and Yemen, as well as Libya and Morocco.
We are well-renowned as a pioneer in the field of financing in the region. We have advised on two of the largest project bond financings in the Middle East and have also advised on ground-breaking Islamic (Shari’ah-compliant) financings, such as the first power project in the Middle East that included financing from Islamic banks and the largest-ever oil and gas Islamic financing. In addition, we have worked closely with governments to draft new laws and regulations in the Middle East, most recently advising Abu Dhabi Global Market (ADGM) on its establishment as an international financial centre in the United Arab Emirates. We also advised the United Arab Emirates government on reforming its financial regulatory framework.