BLP Opens New Office in Dubai – Office Reinforces the Firm’s Commitment to the Middle East Region

International law firm, Berwin Leighton Paisner, is pleased to announce that it has opened an office in Dubai, its second in the United Arab Emirates (UAE). The new office, working closely with the Abu Dhabi office, provides clients with a comprehensive range of legal services for the real estate sector. The Dubai office marks the next step in BLP’s regional strategy and demonstrates the firm’s commitment to the UAE.

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Tags:  Berwin Leighton Paisner LLP | Dubai

DLA Piper’s Retail Group Supports Tiffany’s UAE Development

DLA Piper announces its involvement in the structuring of a joint venture between Damas Jewellery LLC and the internationally acclaimed jewellery designer Tiffany & Co. DLA Piper’s specialist retail group has been advising Tiffany for over a year and the venture is expected to signal the start of a wider expansion of the Tiffany brand across the region.

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Tags:  DLA Piper | Dubai

Latham & Watkins Advises Underwriters on IPO of Al Tayyar Travel Group

Latham & Watkins advised the underwriters, Samba Capital, Saudi Fransi Capital, AlJazira Capital and Saudi Hollandi Capital, in connection with the IPO of Al Tayyar Travel Group, a Saudi established travel services company. The transaction, which was five times oversubscribed, comprised an offer of 24,000,000,000 ordinary shares representing 30% of Al Tayyar Travel Group’s share capital to both institutional and retail investors in the Kingdom and is the largest IPO in Saudi Arabia so far this year.

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Tags:  Latham & Watkins LLP | Dubai

Latham & Watkins Advises Joint Lead Managers in the Largest USD Sukuk Offering, Setting a New Benchmark

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.

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Tags:  Latham & Watkins LLP | Dubai