Patton Boggs LLP is pleased to announce that Brian J. Pierce has joined the firm’s Corporate Finance practice group as a partner. Mr. Pierce, who will work throughout Middle East and North Africa (MENA) region, joins Patton Boggs from Sullivan & Cromwell LLP, where he was Special Counsel – Middle East (more…)
Global law firm Eversheds has advised Qatar General Electricity and Water Corporation (Kahramaa) on a 25-year water supply deal with Qatar Electricity & Water Company (QEWC) worth 500 million USD (more…)
Global law firm Eversheds, named recently as one of the fastest growing law firms in the UAE by Asian Legal Business, has announced a series of appointments and secondments as the firm continues its rapid Middle East expansion (more…)
Global law firm White & Case LLP has acted for Qatar Holding LLC (“QH”), the direct and strategic investment arm of the Qatar Investment Authority, on two recent transactions including QH’s acquisition of a stake in media investment company The Chernin Group (“TGC”) and the establishment of an asset management joint venture between QH and Credit Suisse (more…)
Herbert Smith Freehills is advising Petroliam Nasional Berhad (PETRONAS) in relation to its proposed Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor, Malaysia (more…)
SNR Denton has acted on behalf of Qatar International Islamic Bank (QIIB) in connection with its successful debut US$700 million Sukuk issue. The transaction represents QIIB’s first international debt capital markets issuance (more…)
Susan B. Bastress, former managing partner of the Doha, Qatar office of Patton Boggs LLP, has rejoined the firm as a partner. Ms. Bastress, a leading advisor to American companies seeking advice on business laws in the Middle East, will initially practice from Patton Boggs’ Washington DC office. Later this year, she will return to and be resident in the firm’s Doha office (more…)
Global law firm White & Case LLP has represented state-owned Qatar Petroleum on a JPY 85 billion (approximately US$1 billion) Samurai bond offering in Japan. This bond is Qatar Petroleum’s first ever Japanese yen bond offering and it is the first yen bond offering by a Qatari entity (more…)
Latham & Watkins represented the joint lead managers in the State of Qatar’s recent sovereign Sukuk. The US$4 billion offering, which was more than six times oversubscribed, included a record low profit rate of 2.1% for a five-year tranche and 3.24% for a 10-year tranche. The sale is also the largest US dollar-denominated Sukuk issuance to date (more…)
Global law firm White & Case LLP has advised the State of Qatar (SoQ) on the US$4 billion two-part bond issuance by SoQ Sukuk A Q.S.C. The offering is the largest US dollar-denominated sukuk issuance to date and is comprised of a US$2 million tranche of trust certificates due 2018 and a further tranche of US$2 billion trust certificates due 2023. The sukuk issuance represents a record low profit rate of 2.1 percent for the 2018 certificates and 3.24 percent for the 2023 certificates (more…)
Global law firm White & Case LLP has advised the Qatar Investment Authority (“QIA”) in connection with a US$250 million investment by the Qatar Asset Management Company (“QAMC”) in an investment vehicle sponsored by Barclays Natural Resources Investments (“BNRI”), a business unit of Barclays Bank Plc (more…)
DLA Piper today announces its involvement in the financing of Doha Festival City, one of the largest multi-use developments in Qatar with a total project value of around 6 billion Qatari Riyals (QAR). The project is being developed by its owners, Bawabat Al Shamal Real Estate Company WLL (BASREC), and as a ‘super-regional retail and entertainment destination’ boasts the first IKEA store in Qatar, and will feature an entertainment and leisure complex, automotive showrooms and international hotels and convention centre (more…)
