White & Case LLP > Abu Dhabi, United Arab Emirates > Firm Profile

White & Case LLP
16th Floor, Al Sila Tower, Abu Dhabi Global Market Square
PO Box # 128616, Abu Dhabi
United Arab Emirates

United Arab Emirates > Banking and finance: Corporate finance (including Islamic lending) Tier 1

Helming high-profile deals for a mix of leading industry players, White & Case LLP excels across the entire range of financing mandates with notable strength acting on landmark energy and infrastructure projects alongside construction and real estate developments. An enviable client list includes private credit and direct lending entities who view the firm as a go-to in the region for relevant financing advice, as well as premium financial institutions – both domestic and international – and major publicly-traded companies. The firm fields a string of experienced practitioners as team heads, including the Dubai-based Claire Matheson Kirton who is prominent adviser to government related entities on both conventional and Islamic financing; Debashis Dey, who complements his cross-border prowess with expert knowledge of Islamic financing and capital markets; and William Watson who has established strength in debt financing. Acting out of Abu Dhabi, Alexander Malahias is the fulcrum of the group’s considerable project financing offering, sharing the workload with Antoine Cousin who is a formidable PPP adviser. Adam Pierson wields a commendable regional practice, working for clients such as NEOM Company, Saudi Aramco and the Ministry of Water and Irrigation for Jordan, while Yasser K. Riad has experience acting on energy deals across the Americas, Europe and Asia.

Practice head(s):

Claire Matheson Kirton; William Watson; Debashis Dey; Alexander Malahias; Antoine Cousin; Adam Pierson; Yasser Riad

Testimonials

‘ Team is well-rounded in that it can handle all types of financing transactions.’

‘William Watson is the key figure for bank finance – knows the industry and market inside-out and delivers to-the-point advice.’

Key clients

NEOM Company

The Red Sea Development Company

Emirates Water and Electricity Company (EWEC)

Saudi Arabian Oil Company (Saudi Aramco)

Saudi Power Procurement Company (SPPC)

The Government of the Emirate of Abu Dhabi, acting through the Abu Dhabi Department of Finance

ADES Group

Zakher Marine International

Saudi Water Partnership Company (SWPC)

Jubail Island Investment Company

Bahrain Mumtalakat Holding

Mashreq Bank

Fawaz Abdulaziz Al Hokair Co.

Metro Jeddah Company (MJC)

Abu Dhabi Islamic Bank

First Abu Dhabi Bank

HSBC

National Commercial Bank

Bank of America Merrill Lynch

First Abu Dhabi Bank

Gulf International Bank

J.P. Morgan

Citigroup

Goldman Sachs International

Deutsche Bank

Emirates NBD

Societe Generale

Dubai Islamic Bank

IHS Towers Limited

USAID and the Ministry of Water and Irrigation of Jordan

Trukker Holding

Dubai Electricity and Water Authority

Emirates Central Cooling Systems Corporation (Empower)

IHS Holding Limited

Fidera Limited

GIC Private Limited

Mubadala

Abu Dhabi Development Holding ADQ

Work highlights

  • Representation of DEWA on a significant AED10 billion pre-IPO financing to help optimise the company’s balance sheet ahead of the offering.
  • Advised Nakheel PJSC, as borrower, in connection with the refinancing and restructuring of its existing conventional and Islamic debt profile together with new money funding for significant real estate development assets.
  • Advised the Government of the Emirate of Abu Dhabi, acting through the Department of Finance in connection with the AED 1.99 billion green loan term facility for Etihad Rail Company PJSC (First Abu Dhabi Bank PJSC (FAB) acting as lender, agent, security agent, account bank and mandated hedge provider) for the construction of passenger stations and rail track extensions to connect with the existing Etihad Rail freight line and associated infrastructure.

United Arab Emirates > Capital markets Tier 1

White & Case LLP is well positioned to act on a range of market transactions, including some of the largest IPOs in the Middle East and specialise in sovereign bonds and Sukuk offerings, in addition to project bond issuances. The group’s experienced practitioners advise a variety of parties engaged in capital markets work including sellers, buyers, underwriters and hedge providers. Debashis Dey is highly regarded for his securitisation and fixed income experience. Sami E. Al-Louzi's expertise was crucial to the IPO of DEWA and Abdulwahid Alulama brings near-unparalleled regulatory understanding to bear on a number of transactions. Greg Pospodinis and senior associate Marcin Zawadzki are also noted. Ibrahim Soumrany left the firm.

Practice head(s):

Debashis Dey; Sami E. Al-Louzi; Abdulwahid Alulama

Other key lawyers:

Testimonials

‘Most comprehensive international law firm in the region. Very well positioned and established in every major market in EMEA. I have been working with them over twenty years and am a big fan. The lawyers and senior partners are all exceptional and talented professionals.’

‘Debashis and Marcin: Super professional and cooperative. They always make us feel that they are in-house counsels while providing the huge institutional knowledge of W&C.’

‘Their massive exposure makes it easy to find precedents and suggest creative solutions.’

Key clients

Dubai Electricity and Water Authority PJSC

Saudi Arabian Oil Company (Saudi Aramco)

J.P. Morgan

Citi

HSBC Saudi Arabia

Goldman Sachs

Saudi Real Estate Refinance Company

DP World

Abu Dhabi Commercial Bank

Deutsche Bank

Empower

First Abu Dhabi Bank

Mubadala

Bank of America

Emirates NBD Capital Limited

BNY Mellon Corporate Trustee Services Limited

Investcorp Holdings and Investcorp S.A.

Republic of Indonesia

Taaleem

Al Rajhi Capital Company

ENBD REIT PLC

Investcorp

Moove B.V.

Commercial Bank of Dubai

Work highlights

  • Acted as issuer’s counsel on the IPO of DEWA, the electricity and water utility company for the Emirate of Dubai.
  • Represented Empower in its AED 2.6 billion initial public offering (IPO) on the Dubai Financial Market.
  • Represented Moove Africa B.V. on an inaugural Sukuk issuance.

United Arab Emirates > Commercial, corporate and M&A Tier 1

A team that approaches challenging deals with 'rigor, thought, and creativity', White & Case LLP handles several of the most significant transactions in the region, including major healthcare disposals., landmark energy acquisitions, and a range of premium equity investments by domestic and international funds. Abdulwahid Alulama is highly adept at complex cross-border transactions, active across sectors including energy, real estate and financial services, and Steven Worthington stands out for his knowledge and understanding of an array of jurisdictions. Marcus Booth is often engaged with top-end private equity entities for all forms of corporate and commercial work and Sami Al-Louzi lends extensive financing and capital markets knowledge to a number of transactions. Sonia Abdul-Rahman is the go-to in the group for traditional and renewable energy work and Fraser Galloway is reputed for his wide sector activity.

Practice head(s):

Abdulwahid Alulama; Marcus Booth; Steven Worthington; Sami E. Al-Louzi; Sonia Abdul-Rahman

Other key lawyers:

Fraser Galloway; Roger Gaspard

Testimonials

‘Very high quality team.’

‘Incredibly responsive partners with a “can do” attitude and good lines of communication into senior lawyers across the entire firm’s network. All in all, a first class service for clients who do a large number of high-value transactions across a number of jurisdictions.’

‘Steve Worthington and Marcus Booth are available 24/7, are always incredibly responsive and can get the right answer from the right person in the right office unbelievably quickly.’

‘Marcus Booth and Roger Gaspard are exceptionally talented, resourceful and commercial and reasonable in negotiations (yet you firmly feel they truly represent your best interests). Overall individuals are friendly and will go beyond standard service to help clients and achieve objectives. ’

‘W&C UAE have been by our side through a number of incredibly complex transactions. They have provided not only technical expertise but also a level of commercial guidance which is frequently more than I expect from our legal advisors.’

‘They are a very tight knit team, and have a level of responsiveness which is second to none. Genuinely around the clock coverage, which can be required when dealing with hectic M&A processes.’

‘Steve Worthington is “always on” and is incredibly accessible. His legal knowledge is of course exemplary, however his real skill is being able to translate it in to pithy recommendations and advice which takes in to account commercial realities and local market norms. His background in the UK market enables him to bridge difficult aspects of multi-jurisdiction deals (and expectations from various parties). He’s very comfortable having the tough conversations with the other side, so as to preserve the principal to principal relationship. Great guy.’

‘The W&C team distinguishes itself by the quality of its people. Challenging deals are approached with rigor, thought and creativity as needed, and work is done in the spirit of partnership.’

Key clients

Abu Dhabi Catalyst Partners

CVC Capital Partners

Blue Water Energy

Abu Dhabi Future Energy Company (Masdar)

e& (Etisalat)

International Holdings Company PJSC

Kent Corporate Holdings Limited

Mubadala Investment Company

Saudi Arabian Oil Company (Saudi Aramco)

Bridgepoint

Yellow Door Energy

ZMI Holdings

HEA Investment

OMV Group

Work highlights

  • Advised Bridgepoint on its disposal of Diaverum to M42, a newly created healthcare joint venture between G42 Healthcare and Mubadala Health.
  • Advised The Industrialization and Energy Services Company (TAQA) on the US$1bn 100% acquisition of Al Mansoori Petroleum Services LLC.
  • Advised global energy investment firm Blue Water Energy (Bluewater) on the sale of engineering portfolio company, Kent, to Nesma & Partners.

United Arab Emirates > Construction Tier 1

A key contact for employment and public sector clients, White & Case LLP is noted for its capabilities across the infrastructure and power sectors. 'Very knowledgeable in his field', Michael Turrini leads the department, and Ibaad Hakim is an experienced name in construction matters across Oman, Saudi Arabia, and the UAE. Habeeb Rahman is proficient in the development and financing of infrastructure, oil and gas, as well as petrochemical projects. Aimy Roshan is experienced in ADGM and DIFC court proceedings, while Sarah Hudson’s recent caseload encompasses pre-dispute advice.

Practice head(s):

Michael Turrini

Testimonials

‘The firm comes with huge credentials as a major player in the industry.’

‘The partners understood our business.’

‘A very knowledgeable team.’

‘Michale Turrini has been very helpful and is very knowledgeable in his field.’

Key clients

The Red Sea Development Company

Saudi Power Procurement Company (SPPC)

Saudi Aramco

Etihad Rail

Rua al Madinah Holding Co.

Diriyah Gate Development Company

Work highlights

  • Advising Emirates Water and Electricity Company (EWEC) on the Mirfa 2 RO Independent Water Project.
  • Advising Rua al Madina Holding Company on the development of a real estate project in Al-Madina Al Munawarah (Madina).

United Arab Emirates > Oil, gas and natural resources Tier 1

White & Case LLPpossesses deep expertise and ability, combined with an extremely high level of service’. Active on mandates across the region, with particular attention on the UAE and Saudi Arabia, the team is able to cover the gamut of projects work, including premium M&A and financings, capital markets transactions and complex litigation. The group has also seen a significant volume of big-ticket mandates pertaining to hydrogen ventures, overseeing the financing and construction of greenfield facilities. The team is jointly led by several experienced practitioners, with Antoine Cousin, Ivan Paskal and Adam Pierson standing out due to their extensive activity across a number of projects. Pierson and Cousin are among the preeminent company advisors to Saudi Aramco, where they have been engaged with the industry giant’s power, water and utilities enterprises, whereas Paskal has spearheaded a wide assortment of matters that include NEOM projects and pre-IPO restructurings. Alexander Malahias is a financing expert and retains close connections to major regional financial institutions, while Din Eshanov, who relocated to Abu Dhabi in 2023, brings further expertise in project development.

Practice head(s):

Antoine Cousin; Din Eshanov; Alexander Malahias; Ivan Paskal; Adam Pierson; Yasser Riad; Michael Turrini; Michael Watson

Testimonials

‘The White & Case team possess deep expertise and ability, combined with an extremely high level of service. When White & Case represent us, there is a lot of comfort to be taken knowing that we will not be outdone by opposing counsel.’

‘Adam Pierson has deep experience in project development transactions in the Middle East. He is commercially aware and provides an extremely high level of service.’

‘Antoine Cousin is an expert in co-generation projects in the Middle East.’

Key clients

Saudi Arabian Oil Company

The Lenders to Advanced Polyolefins Company

NEOM Company

Borealis AG

Zakher Marine International

The Industrialization and Energy Services Company

ADES Group

Mubadala Investment Company

Work highlights

  • Represented a project company in connection with the financing of a greenfield facility powered by renewable energy sourced from wind, solar and battery storage for production and export of green hydrogen to global markets.
  • Advised a consortium of nine Saudi and regional banks in connection with the SAR6.1bn Islamic project financing of Advanced Polyolefins Industry Company’s new petrochemicals complex.
  • Advised Korea Electric Power Corporation (KEPCO), Japan’s Kyushu Electric Power Co. and Électricité de France (EDF) as international sponsors on the financial closing of the $3.8bn Project Lightning offshore transmission line in the UAE.

United Arab Emirates > Banking and finance: Financial services regulation Tier 2

White & Case LLP works with some of the largest tech companies in the world on their novel projects in the UAE and also advises asset managers on regulatory and compliance concerning the setting up of operations and investments in the region. Practice head Stefan Mrozinski is particularly well-regarded for his fintech expertise. Associates Arnold Krutilins and Gabrielle Lowe advise on financial services regulation, funds and funds regulation, and compliance and tech issues. Adrianus Schoorl left the firm.

Practice head(s):

Stefan Mrozinski

Other key lawyers:

Testimonials

‘The team’s exceptional organizational skills enable them to offer guidance across a broad spectrum of topics. Their teamwork is highly effective, characterized by strong cooperation with the client to pinpoint the most fitting solutions, all while taking into account the best international practices.’

‘Arnold Krutilins excels in efficiency and swiftly grasping complex issues and tailoring solutions. His strong communication skills, both with clients and within the team, underscore his invaluable contribution’

‘Very practical and commercially oriented approach. Ability to structure from legal perspective the business needs step-by-step. You always know that you will receive timely response from the team.’

‘Stefan Mrozinski is a commercial and practical, business-minded lawyer. Gabriella Lowe is extremely knowledgeable.’

‘White & Case stands out from other global law firms by an exceptional combination of top-tier client service, responsiveness (which is often sought under tight deadlines) and use of client-oriented innovative technology, including cutting edge knowledge solutions and document automation, and surpass even the most demanding client’s expectations. The firm set out an innovative standard of advisory services where a client is supported not only at every stage of a project till closing, but even afterwards, which accurately reconciles with the “go the extra mile” approach.’

‘Stefan Mrozinski’s dedication and unwavering commitment to the client’s business needs and deep understanding of the financial services industry sets him apart in the MENA region legal market. Stefan demonstrates an exceptional ability to strategic thinking in a course of the client’s long-term objectives and shows an outstanding responsiveness which transforms him from an external counsel to a truly trusted advisor.’

Key clients

Meta

Mubadala Investment Company

Amazon Payment Services

Crypto.com

Morgan Stanley

Credit Agricole

Global Fintech Investments Holding AG / Prism Group

Wizz Financial

Tabby

Paymob

Nymcard

Safegold

Thirdverse Inc.

Rothschild

Bank of America

Moelis

Qatar National Bank

Mitsui

Brookfield Asset Management

Tikehau Capital

Qatar Investment Authority

Work highlights

  • Advised Amazon Payment Services on a number of financial services regulatory matters in the UAE and wider-Middle East.
  • Advising Global Fintech Investments Holding AG / Prism Group in connection with corporate and financial services aspects of its acquisition of the Finablr group.
  • Advised Meta on a number of financial services regulatory matters in certain GCC States.

United Arab Emirates > Infrastructure and projects (including project finance) Tier 2

Frequently instructed by international financial institutions, premium sponsors, and governments institutions for project financing expertise, White & Case LLP work on an array of blockbuster developments, spanning conventional and renewable energy ventures, social and transport infrastructure builds, and utility developments. Instututional relationships across the region gives the firm access to NEOM projects in Saudi Arabia, railway and passenger station extensions in Abu Dhabi, and novel financing arrangements in the MENA region. The practice is jointly chaired by a number of lawyers, including Adam Pierson, who is regularly sought out by oil and gas giants for his asset expertise and transactional capabilities. Yasser K. Riad is renowned for his far-reaching cross-border project financing practice, possessing comprehensive understanding of various assets, while Antoine Cousin is noted for his expertise in the power, water and utilities sectors. Alexander Malahias stands out for his work in tourism infrastructure projects, working with sovereign wealth funds on joint ventures and financing transactions, while Ivan Paskal is chiefly engaged on energy-related matters. Din Eshanov - who relocated to Abu Dhabi from Riyadh in 2023 - is a key figure for NEOM-related work.

Practice head(s):

Antoine Cousin; Din Eshanov; Alexander Malahias; Ivan Paskal; Adam Pierson; Yasser Riad

Other key lawyers:

Jennifer Riddle

Key clients

Emirates Water and Electricity Company (EWEC)

NEOM Company

The Red Sea Development Company

Saudi Arabian Oil Company (Saudi Aramco)

Saudi Power Procurement Company (SPPC)

The Government of the Emirate of Abu Dhabi, acting |through the Abu Dhabi Department of Finance

Saudi Water Partnership Company (SWPC)

Saline Water Conversion Corporation (SWCC)

USAID and the Ministry of Water and Irrigation of Jordan

Abu Dhabi Future Energy Company (Masdar)

National Center for Privatization and PPP, KSA

ADES Group

Zakher Marine International

Metro Jeddah Company (MJC)

Work highlights

  • Represented the project company in connection with the financing of a greenfield facility powered by renewable energy sourced from wind, solar, and battery storage for production and export of green hydrogen to global markets, capable of producing 650 tons per day of carbon-free hydrogen in the form of ammonia, to be located in the Middle East.
  • Advised Korea Electric Power Corporation (KEPCO), Japan’s Kyushu Electric Power Co. and Électricité de France (EDF) as international sponsors on the financial closing of the US$3.8 billion Project Lightning offshore transmission line in the United Arab Emirates, alongside local sponsors ADNOC and TAQA.
  • Advised the Government of the Emirate of Abu Dhabi, acting through the Department of Finance in connection with the AED 1.99 billion green loan term facility for Etihad Rail Company PJSC (First Abu Dhabi Bank PJSC (FAB) acting as lender, agent, security agent, account bank and mandated hedge provider) for the construction of passenger stations and rail track extensions to connect with the existing Etihad Rail freight line and associated infrastructure.

United Arab Emirates > TMT Tier 2

Highly sought after by leading corporates and government entities in the UAE and broader Middle East, White & Case LLP is well versed in complex data, privacy, technology, cyber and fintech matters. Promoted to partner in January 2023, practice head Stefan Mrozinski has established an enviable reputation amongst big tech, large corporates and governmental authorities on cyber, cloud computing and TMT-related M&A transactions. Associate Gabrielle Lowe is well regarded by MENA-based fintech businesses in connection with financial services licensing matters.

Practice head(s):

Stefan Mrozinski

Other key lawyers:

Key clients

E&

NEOM Company

Meta

Amazon Web Services

Amazon.com

Amazon Payment Services

Mubadala Investment Company

Tabby

Crypto.com

Global Fintech Investments Holding AG / Prism Group

Paymob

Nymcard

Safegold

Geidea Technology Group

Telegram

Snapchat

Thirdverse Inc.

Work highlights

  • Advised Amazon in connection with new data privacy laws in the UAE and elsewhere in the Middle East.
  • Acted for Meta in connection with confidential tech and fintech matters in the UAE and wider GCC.
  • Advised the Kingdom of Saudi Arabia in connection with various technology foreign direct investment deals valued in the USD billions and the drafting of technology sector regulations.

United Arab Emirates > Real estate Tier 3

Seamlessly integrating with the firm’s capital markets, construction, and debt finance specialists, White & Case LLP’s full-service real estate offering encompasses developments, leasing, and transactions. Louise Vun heads the department and is experienced in real estate finance, joint ventures, and restructurings. Samatha Shaw handles commercial leasing and land tenure issues.

Practice head(s):

Louise Vun

Other key lawyers:

Key clients

The Red Sea Development Company

Al Qudra Holdings

Aldar Properties

Rua Al Madinah Holding Company

Mubadala Investment Company

Abu Dhabi National Hotels Company PJSC

Arcapita Investment Partners Limited

FIVE Holdings (BVI) Limited

Work highlights

United Arab Emirates > Dispute resolution: arbitration and international litigation Tier 4

White & Case LLP is frequently sought out by large corporations and government entities active in a variety of sectors to assist with international arbitration and litigation and is particularly strong in the construction disputes space. Practice head Michael Turrini has an extensive cross-border practice that sees him active in disputes across the region, including Saudi Arabia and Kuwait, as well as further afield in Europe, Asia and China. Aimy Roshan is adept at handling complex commercial and construction contract disputes and Karim Mariey has bolstered the practice since relocating from the firm's London office in March 2023.  

Practice head(s):

Michael Turrini

Other key lawyers:

Aimy Roshan; Karim Mariey; Ibaad Hakim

Testimonials

‘Well-established team with a strong brand.’

‘Michael Turrini is great with clients and very commercial. He’s a very pragmatic and experienced arbitration lawyer.’

‘W&C is a solid well experienced team when it comes to construction disputes. The team works hard, checks every detail you provide them with, they perform a deep review of every single document provided to them, fill in all the gaps.’

‘Ibaad Hakim and Michael Turini continue to amaze me with their profound experience in this business.’

‘A very experienced team of dispute specialists.’ 

‘Michael Turrini has exceptional knowledge of the industry.’

United Arab Emirates > Investment fund formation and management

White & Case LLP bolstered its investment fund formation and management offering through the hire of Phillip Sacks, previously of Dechert LLP, in November 2023.

Saudi Arabia > Banking and finance

White & Case boasts extensive experience and prowess in Saudi Arabia’s banking and finance arena. Adam Pierson, based in Abu Dhabi, leads the team, advises Saudi Aramco on multiple complex projects. Ivan Paskal is a key figure in strategic transactions and infrastructure funds for energy companies, while Alec Johnson also excels in energy and green finance. Infrastructure clients turn to Din Eshanov for his expert advice on project and construction agreements; he is the firm's global relationship partner for NEOM. The team is further strengthened by Abu Dhabi-based Alexander Malahias and Antoine Cousin.

Practice head(s):

Adam Pierson; Antoine Cousin; Ivan Paskal; Alec Johnson; Alexander Malahias; Din Eshanov; Waad Alkurini

Testimonials

‘Excellent team of great lawyers.’

Key clients

Saudi Arabian Oil Company (Saudi Aramco)

Red Sea Development Company

NEOM Company

Public Investment Fund (PIF)

The Lenders to Advanced Polyolefins Company

Saudi Power Procurement Company (SPPC)

Saudi Water Partnership Company (SWPC)

Saline Water Conversion Corporation (SWCC)

National Center for Privatization & PPP

Work highlights

  • Representing a project company in connection with the financing of a greenfield facility powered by renewable energy sourced from wind, solar and battery storage for production and export of green hydrogen to global markets, to be located in the Middle East.
  • Advised a consortium of nine Saudi abd regional banks in connection with the SAR 6.1 billion Islamic project financing of Advanced Polyolefins Industry Company’s new petrochemicals complex located in Jubail Industrial City, Kingdom of Saudi Arabia.
  • Advising Saudi Aramco on the structuring, tendering, development and financing of: the 320MW Jafurah cogeneration power project to provide power and steam to support the Jafurah field development program in Saudi Arabia; and the 185,000 m3/day Zuluf water treatment plant to support water injection for the Zuluf onshore oilfield project in the Arabian Gulf.

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