Marwan Elaraby

Overview

Marwan Elaraby is a partner in the Capital Markets and Mergers & Acquisitions practices. He currently serves as Head of the Dubai Office and Global Head of Corporate.

Marwan advises clients on M&A, private equity and project development transactions, as well as governments on strategic and regulatory matters. He also advises both issuers and underwriters on initial public offerings and bond offerings.

Marwan represents sovereign-owned, corporate and private equity clients including Abu Dhabi National Oil Company (ADNOC), EFG-Hermes, Investcorp, NEOM Company, Ripplewood Advisors, ASMA Capital and Qalaa Holdings.

Experience

Capital Markets

ADNOC on its completed placement to institutional investors of 10% of the total share capital of ADNOC Distribution, valued at $1 billion. The transaction constitutes the largest block placement of shares in a publicly-listed company in the Gulf region to date.
ADNOC Distribution on its initial public offering and Abu Dhabi Securities Exchange listing, one of the largest public offerings in the UAE and one of the first listings to be done under the Emirates Securities & Commodities Authority’s new listing regulation.
The initial purchasers on Abu Dhabi Crude Oil Pipeline LLC’s inaugural $3.037 billion bond offering.
The initial purchasers on the $814 million bond offering by ACWA Power Management and Investments One Limited.
Emaar Misr on its approximately $300 million initial public offering and listing of shares on the Egyptian Stock Exchange.
The underwriters on the initial public offering of Edita Food Industries S.A.E. on the Egyptian Stock Exchange and the London Stock Exchange.
The underwriters on the initial public offering and London Stock Exchange listing of Integrated Diagnostics Holdings plc.
EFG Hermes Promoting and Underwriting, as sole global coordinator and bookrunner, on the initial public offering and listing on the Egyptian Stock Exchange of Cleopatra Hospital Company, the second IPO on the Egyptian Stock Exchange.

Mergers & Acquisitions and Private Equity

ADNOC on the establishment and launch of its crude oil trading unit: ADNOC Trading, based in ADGM. The launch of the trading unit represents the next step in ADNOC's expansion of its global presence as it takes steps to increase value through its trading activities.
ADNOC on its joint venture with ADQ to create a new investment platform to fund and oversee the development of chemicals industrial projects within the planned Ruwais Derivatives Park.
ADNOC on the disposal of an interest in ADNOC Refining to Eni and OMV where the company was valued at c. $19 billion.
ADNOC on a strategic investment with OCI NV.
ADNOC on a strategic investment in global storage terminal owner and operator VTTI.
Investcorp on the launch of a joint venture with Aberdeen Standard Investments that will invest in infrastructure projects in Gulf Cooperation Council countries.
Investcorp on the launch of a joint venture that will invest in the Asia food sector.
GB Finance and GAIA Lux S.a.r.l on the EGP 750 million sale of a one-third stake in MNT Investments B.V. to ADP II Holding 9 S.a.r.l.
EFG Hermes UAE Limited (EFG Hermes), a wholly owned subsidiary of EFG Hermes Holding S.A.E, on its acquisition of a 50 percent stake in Frontier Investment Management (FIM).
Gulf Capital on an investment in a Gulf-based auction business.
Ripplewood Advisors on several investments in the Middle East.
HM Partners on its creation of a new hard-discount retail operation in Egypt under the brand “Kazyon”.
A prominent Saudi Arabian Family Office on its minority investment in a large Dubai-based real estate venture.
MENA Infrastructure Fund on the sale, by way of auction, of a 30.3% indirect interest in Alexandria International Container Terminals.
ADNOC on the $4.5 billion refined products for crude oil supply arrangements with Egyptian General Petroleum Corporation and the Government of the Republic of Egypt.

Project Development & Finance

SACE and the commercial lenders on the $1.2 billion financing of a refinery upgrade project in Egypt.

Special Economic Zone & Regulatory Drafting

Abu Dhabi Global Market | advising on its establishment as a financial free zone, including on the legal and regulatory structure of the market and drafting new laws. Awarded “Corporate Team of the Year” by Corporate Counsel Middle East Awards 2015.
Advising on the establishment of the Red Sea Project, a new international tourist destination in the Kingdom of Saudi Arabia.
The Royal Commission for Al-Ula on the establishment of a new special zone at Al-Ula. The new zone will focus on heritage and culture, as well as eco-tourism and adventure activities.