Firm Profile > Shearman & Sterling LLP > Dubai, United Arab Emirates

Shearman & Sterling LLP
DUBAI INTERNATIONAL FINANCIAL CENTRE, GATE VILLAGE 4
LEVEL 2, OFFICE 208
DUBAI
United Arab Emirates

Oil, gas and natural resources Tier 1

Shearman & Sterling LLP is well established in the region and enjoys strong relationships with leading players in the oil and gas sector, including Abu Dhabi National Oil Company and Mubadala Petroleum. In recent work, a cross-office team led by Dan Feldman in Abu Dhabi and Nick Buckworth in London advised Guinea Alumina Corporation on the development and financing of a bauxite mine, alumina refinery and port loading terminal in the Republic of Guinea. Counsel Laleh Shahabi is a recent arrival to the firm from White & Case LLP; she has experience in energy, oil and gas and renewables projects in the Middle East, Europe and Asia. Renad Younes is also noted.

Practice head(s):

Renad Younes; Dan Feldman

Key clients

Abu Dhabi National Oil Company

Mubadala

Emirates Global Aluminium

Masdar

Investcorp

Mubadala Petroleum

SACE

Bahrain Petroleum Company

Commercial, corporate and M&A Tier 2

The well-established corporate department at Shearman & Sterling LLP is 'committed to the region' and is noted for its 'seniority' and 'breadth of experience'. It acts for governments, sovereign wealth funds, private equity houses, family offices, corporates and banks in significant deals in the region, with an emphasis on the energy, oil and gas and infrastructure sectors. 'Very dynamic and results-oriented' managing partner Marwan Elaraby heads the team, which includes Matthew PowellRodney Cannon and associate Alice Gunn.

Practice head(s):

Marwan Elaraby

Testimonials

The team blends regional experience with international first-class standards. They are committed to the region and employ the right calibres.

Smaller team in the Middle East than some peers (especially UK firms), but high quality team with excellent experience, knowledge of the region and seniority.

Well connected with the broader platform (UK and US in particular in my experience).

Seniority, breadth of experience and understanding of the region of the key partners I dealt with was second to none.

The team was very attentive, quick to respond and incredibly thorough. They knew the industry, the region, and the investors quite well. The senior partners were involved in every aspect.

Rodney Cannon and incredible associate Alice Gunn: Their attention to detail, ability to come up with creative and practical solutions to issues and responsiveness was appreciated by all parties at the table.

Marwan Elaraby is a hands-on partner with extensive experience in the MENA region. He is very dynamic and results-oriented.

Marwan Elaraby is always available and understands the cultural dynamics of the region.

Key clients

Abu Dhabi National Oil Company

Mubadala Investment Company PJSC and its subsidiaries

Engie

The Olayan Group

Abu Dhabi Global Market

EFG Hermes

HM Partners Limited

The Dow Chemical Company

Investcorp

Ripplewood Advisors

RA MENA Holdings

Construction Tier 3

As part of Shearman & Sterling LLP's broader arbitration practice, Alex Bevan, who has a following among clients from Abu Dhabi, handles construction disputes concerning landmark developments in the Emirate.

Key clients

Masdar

Guinea Alumina Corporation

OHL Internacional

Contrack (Cyprus) Ltd.

Samsung C&T Corporation

Qatar Building Company

Emirates Global Aluminium

Infrastructure and projects (including project finance) Tier 4

The project development and finance practice at Shearman & Sterling LLP is particularly notable in oil and gas, though its partners also have broad experience across infrastructure and energy projects. Renad Younes and Dan Feldman jointly head the busy practice in the UAE, which often works alongside projects experts in London and Singapore.

Practice head(s):

Renad Younes; Dan Feldman

Key clients

Abu Dhabi National Oil Company

Mubadala

Emirates Global Aluminium

Masdar

Investcorp

Mubadala Petroleum

SACE

Bahrain Petroleum Company

Banking and finance: Corporate finance (including Islamic lending) Tier 5

Shearman & Sterling LLP is 'unique in terms of quality'. Its areas of work include project finance, capital markets, derivatives, structured finance, funds and tax, and the lean team in the UAE is able to work alongside colleagues in London and Riyadh on cross-border deals. Iain Goalen is noted. Moyn Uddin left for Intesa Sanpaolo.

Practice head(s):

Iain Goalen

Testimonials

The practice at Shearman & Sterling is unique in terms of quality. It will not work on many transactions in the region, but where they are mandated on transactions the execution quality will be exceptional.

The firm should be considered by clients who prioritise high-quality legal services.

Iain Goalen is a highly technical and skilled draftsman. He has experience in both the European and Middle Eastern markets.

Key clients

Mubadala Investment Company PJSC and its subsidiaries

The Dow Chemical Company

National Commercial Bank

First Abu Dhabi Bank PJSC

Standard Chartered (Dubai)

JBIC

Wafra Investment

ACWA Power

ENGIE

Qatar > Foreign firms Tier 3

The 'superb' Shearman & Sterling LLP is 'extremely responsive', 'provides commercial advice' and 'manages difficult issues'. The Milan-based Domenico Fanuele handles M&A, real estate and capital market transactions. London-based of counsel John Inglis is highly active in project finance and development. Also in London is John Adams, who is very active in advising on private and retail investment funds. The San Francisco-based Michael Dorf advised the Qatar Investment Authority on its $400m investment in Compass in conjunction with SoftBank.

Key clients

Qatar Investment Authority

Mubadala

Japan Bank for International Cooperation

Bank of Tokyo Mitsubishi

Sumitomo Mitsui Banking Corporation

Mizuho Bank

KfW IPEX-Bank Gmb

The firm: With the opening of the Dubai office in September 2015, Shearman & Sterling continues to build upon its strong base in the Middle East. The firm has maintained a presence in the United Arab Emirates since 1975 when the Abu Dhabi office opened its doors, and the office in Dubai expands its reach to both of the country’s major business centres.

Areas of practice: The firm’s areas of strength include M&A, project development, banking and finance, financial institutions advisory and financial regulatory, capital markets, private equity and international arbitration, providing legal advice to clients throughout the Middle East and foreign investors seeking opportunities within the region. The firm is also a leader in many of the major sectors of the regional economy, including oil and gas, power, financial institutions, infrastructure and finance.

The Dubai office works in tandem with other offices to serve both regional corporations and state-owned entities, as well as international companies seeking to do business in the region. The firm is renowned as a pioneer in the field of financing in the region, and has advised clients on groundbreaking Islamic (shari’ah-compliant) financings. Clients 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.

Department Name Email Telephone
Corporate and M&A, Capital Markets, Private Equity Marwan Elaraby
Corporate and M&A, Private Equity Matthew Powell
Corporate and M&A, Private Equity Rodney Cannon
Project development and finance, Corporate and M&A Renad Younes
Project development and finance Dan Feldman
International arbitration Alexander Bevan
Finance Iain Goalen
Number of lawyers : 850
at this office : 6
Arabic
English
Other offices : Abu Dhabi
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