Linklaters advises on a broad range of ECM and DCM mandates across the UAE and wider Middle East, acting for sovereigns, financial institutions and major corporates. The team handles IPOs, sukuk, regulatory capital instruments, liability management and cross-border debt issuances, and is frequently engaged on first-of-kind or highly structured transactions in emerging regional markets. The team is led by Jonathan Fried, Dalia Nammari and Jason Manketo. Fried acts for a impressive roster of regional financial institutions on multi-billion dollar issuances, Nammari is considered an expert in Islamic financing, and Manketo provides crucial U.S. securities capabilities. Sergey Shiposha widely supports.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Key clients
- Asyad Shipping Company SAOG
- OQ Exploration and Production (OQEP)
- OQ Base Industries (SFZ) (OQBI)
- Emirates NBD Bank PJSC
- Industrial and Commercial Bank of China Limited (“ICBC”), Dubai (DIFC Branch)
- Abu Dhabi Islamic Bank PJSC (“ADIB”)
- Damac Real Estate Development Limited (“Damac”)
- First Abu Dhabi Bank PJSC
- HSBC Bank Plc
Work highlights
Advising Dubai Residential REIT and DHAM Investments LLC on the IPO of Dubai Residential REIT on the Dubai Financial Market (DFM), raising AED2.1bn (US$572m) to become the GCC’s largest listed REIT with a market capitalisation of AED14.3bn (US$3.9bn).
Advising First Abu Dhabi Bank PJSC on the successful offering of US$100m Floating Rate digitally native notes (DNNs) due 2028 under its US$20bn Euro Medium Term Note Programme.
Advising the lead managers as to US federal law and English law on the US$5bn three-tranche jumbo Rule 144A /Reg S bond issuance by the Emirate of Abu Dhabi
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Dalia Nammari
Practice head
Jonathan Fried; Dalia Nammari; Jason Manketo
Other key lawyers
Sergey Shiposha