King & Spalding advised Sadara Chemical Company during the tendering and bid evaluation for an operations and maintenance agreement for packaging and shipping with Al Majdouie De Rijke Limited Company.

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Patton Boggs LLP has strengthened its presence in the Middle East and North Africa (MENA) region with the opening of a permanent office in Dubai, United Arab Emirates (U.A.E.). Patton Boggs now boasts four offices in the MENA region: in addition to the new Dubai location, the firm maintains offices in Doha, Qatar; Abu Dhabi, U.A.E. and an affiliate office in Riyadh, Saudi Arabia.

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Clifford Chance has advised Emirates NBD PJSC (“ENBD“) in relation to the issuance of US$750 million 4.875 per cent. subordinated reset notes due 2023 (the “Notes“) under its US$7.5 billion European Medium Term Note Programme. The issuance of the Notes took place on 28 March 2013 and comprise Tier II capital on ENBD’s regulatory balance sheet. The Notes were admitted to trading on the Luxembourg Stock Exchange and listed on NASDAQ Dubai. Clifford Chance also advised ENBD in relation to the annual update of its European Medium Term Note Programme.

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King & Spalding has added partner Stephen Kelly to its Middle East team as the firm continues to expand its regional and international real estate practice.

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King & Spalding advised Asya Katilim Bankasi A.Ş. (Bank Asya), the largest Turkish participation bank, on the issuance of US$250 million resettable subordinated tier 2 certificates in a landmark Shari’ah-compliant capital markets transaction.

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Linklaters today announces that leading Islamic Finance lawyer Neil Miller has been appointed as Global Head of Islamic Finance, based in Dubai. Neil joins from KPMG, where he was a partner and Global Head of Islamic Finance.

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International law firm Dechert LLP announced today that Jacques Visser has joined the firm’s financial services and investment management group as a national partner in Dubai. Prior to joining Dechert, Visser ran his own Dubai-based investment management consultancy and previously served as general counsel of Algebra Capital, a leading asset management firm in the Middle East.

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Ashurst advised the funders on the successful development and financing, by a consortium of Korea Electric Power Corporation (KEPCO), Mitsubishi Corporation and Wartsila, of the approximately US$ 800 million IPP3 independent power project in the Hashemite Kingdom of Jordan, which reached financial close on 7 March 2013. Ashurst acted as international legal counsel to the ECAs, The Export-Import Bank of Korea (K-EXIM), Nippon Export and Investment Insurance (NEXI) and the commercial lenders, The Bank of Tokyo-Mitsubishi UFJ Ltd., KfW IPEX-Bank GmbH, Mizuho Corporate Bank Ltd, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation.

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The Dubai office of international legal practice Norton Rose has advised Emaar Properties PJSC and Emaar Libadiye Gayrimenkul Geliştirme A.Ş. (Emaar Turkey) in relation to a US$500 million syndicated loan facility for the financing of the construction of Emaar Square – a US$2 billion mixed use residential and commercial development in the Űskűdar district in Istanbul, Turkey.

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Allen & Overy has advised its regular client, the Indorama group, on the development and financing of a USD1.2bn fertiliser plant and associated pipeline project in Port Harcourt, Nigeria.

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