Banking, finance and capital markets in Qatar

Addleshaw Goddard

Allen & Overy LLP

Al Tamimi & Company In Association with Adv. Mohammed Al Marri

Al Tamimi & Company In Association with Adv. Mohammed Al Marri advises some of the country's leading financial institutions on Qatar-based work, as well as cross-border matters. Advising clients on matters relating to sukuk, such as the issuance of sukuk certificates, is a key area of strength. Practice head and head of office Matthew Heaton has particular expertise in acquisition and leveraged finance, corporate lending and real estate finance. Rafiq Jaffer is also noted; Jaffer advises financial institutions on lending deals involving both conventional and Islamic structures.

Practice head(s):

Matthew Heaton

Other key lawyers:

Rafiq Jaffer

Key clients

Doha Bank

Masraf Al Rayan

Credit Agricole

Qatar Islamic Bank

Mashreq Bank

Societe Generale Corporate and Investment Bank

Work highlights

  • Advised Masraf Al Rayan on its issuance of sukuk under its sukuk issuance programme.
  • Advised Crédit Agricole Corporate and Investment Bank, QInvest and Standard Chartered Bank, as arrangers and dealers, on the update of the $4bn trust certificate programme established by Qatar Islamic Bank, and on the issuance of sukuk certificates for public trades and private placements.
  • Advised Al Khalij Commercial Bank, Arab Banking Corporation, Barclays Bank, Mizuho, QNB Capital and Standard Chartered Bank, as dealers, on the update of a $1.5bn euro medium term note programme, and on the issuance of notes under the programme.

Baker & McKenzie Limited

Baker & McKenzie Limited has expertise in a range of banking and finance matters, including project and development finance, contractor finance, aviation finance, acquisition finance, Islamic finance and debt capital markets (including sukuk). The practice has a broad client base of private equity funds, banks and other financial institutions. Ian Siddell heads the practice and has a strong focus on Islamic finance and project and development finance. Mohsin Iqbal and Basel Barakat are also noted; both are experienced in project finance.

Practice head(s):

Ian Siddell

Other key lawyers:

Mohsin Iqbal; Basel Barakat

Key clients

Saudi Binladin Group Company Limited

The Commercial Bank (P.S.Q.C.)

Qatar National Bank Q.P.S.C.

DBS Bank Ltd (DIFC Branch)

Work highlights

  • Acting as legal adviser to DBS Bank Ltd (DIFC Branch) in connection with a proposed revolving credit facility for Ooredoo Q.P.S.C (as the borrower) of up to $300m.
  • Advising a major Middle Eastern conglomerate in connection with a divestment of its assets in Qatar, including the transfer of its shares in multiple Qatari companies and the assignment of its interests in several major projects in Qatar.

Simmons & Simmons Middle East

Simmons & Simmons Middle East advises a number of the leading banks and financial institutions in Qatar, including Al Khalij Commercial Bank, Commercial Bank and Qatar National Bank. The practice advises  on matters ranging from general financing and note issuances to regulatory compliance and reform. Practice head Andrew Wingfield regularly advises international and domestic financial institutions on cross-border financings and regulatory issues.

Practice head(s):

Andrew Wingfield

Testimonials

‘Simmons & Simmons is very reliable and is available for assistance 24/7. It is very knowledgeable in finance and corporate governance. One of the most respected international law firms in Doha, which has kept its reputation as a first-class legal services provider.’

Key clients

Umm Al Houl Power P.Q.S.C.

Qatar Financial Centre Authority

Al Khalij Commercial Bank (al khaliji)

Qatar National Bank (Q.P.S.C.)

The Commercial Bank

Vodafone Qatar

Qatar Investment Authority / Qatar Holding LLC

Qatar Foundation for Education, Science and Community Development

Mandarin Oriental Group

Mitsubishi Corporation

Qatar Free Zones Authority

Bank of China Limited

Work highlights

  • Advised and negotiated on behalf of Umm Al Houl Power Q.S.C. in relation to the transaction documents and finance documents for the expansion of a major power and water plant in Qatar.
  • Advised and assisted the Qatar Financial Centre Authority with promoting the netting regulations and standard ISDA documentation in the QFC jurisdiction to be utilised by financial institutions in the State of Qatar.
  • Advised Qatar National Bank QPSC on the update of its $17.5bn EMTN programme and advised on a number of note issuance.

Arab Law Bureau

Arab Law Bureau advises a range of Qatar-based banks on local lending, debt restructurings and insolvencies. The practice has considerable experience in the energy sector and in project finance. Managing partner Alaa Hamad is a key point of contact and has a strong background in banking and finance.

Sharq Law Firm

Sharq Law Firm advises on a range of matters relating to banking and finance, as well as capital markets, including bond issuances, restructurings and IPOs. The practice advises clients ranging from Qatar-based banks to government bodies in Qatar. Founding and senior partner Rashid Al Saad Al Kuwari heads the team and displays experience advising on cross-border transactions and foreign direct investment.

Practice head(s):

Rashid Al Saad

Key clients

Qatar Development Bank

Pinsent Masons LLP

Katara Hospitality

Qatar First Bank

College of the North Atlantic

DLA Piper

Sidra Medical & Research Center

Milaha Qatar Navigation QSC

Supreme Committee for Delivery and Legacy

White & Case

Mazaya Qatar

Al Majed Group

University Foundation College

Commercial Bank of Qatar

Al Rabban Oil and Gas

Al Rayyan Gold Refinery

Roofoods Ltd

LLC Consortium Energoresurs

Assets Real Estate Development Co. WLL

Almubader Investment

Al Adwani Law Firm

Alshaya Co. WLL

Financial Associates International

Qatar Stars League Management

MIRAS Legal

Advanced Drainage Systems, Inc.

Al Hitmi Property Development Co – Gulf Biotec

Qetaifan Projects

PSC Group Engineering Procurement & Construction

Work highlights

  • Assisted Qatar’s Ministry of Finance with completing a series of bond issuances carrying values of $2bn, $4bn and $6bn, respectively.