IFLR 1000
The Guide to the World's Leading Financial Law Firms

Ali Sharif Zu'bi "is everywhere – they are the indisputable top law firm, ask anyone", according to one competitor. Market commentators consistently regard the firm as the best of the top four in Jordan, while clients also praise the top lawyers in the firm. However the firm wasn't without its issues this year, with well-regarded senior associates Iyad Zawaideh and Aya Abuhassan moving to other firms. Additionally, one peer says Obeidat & Freihat is "for sure a top firm, although they have lost Aiman Odet who is now Minister for Justice".

However the firm is seen by the market as having the depth to easily overcome the losses, and it still dominates. "They are by far the firm that enjoys long heritage, an excellent team and above all the perfect relationship with most of the international law firms," says one competitor.

"They are highly professional; the best in Jordan," says one client. Another client agrees: "They are the best because they are professional and they have very good experience."

The firm has worked in regionally significant deals in the project finance, banking and M&A sectors, and has recently been building links with the Iraq market.

In one highlight, Overseas Private Investment Corporation and the International Financial Corporation sought the firm's advice in a $600 million financing of the strategic Disi-Amman water pipeline on a build-operate-transfer basis. The firm represented Aqaba Petroleum Company in a $200 million development and operation agreement for oil at the Aqaba Oil Port. The deal may include a new port and secure oil storage.

Arab Bank mandated the firm on the financing of a large residential and business project on Abdali Boulevard worth $110 million, while the firm also acted for the Industrial Development Bank's sale of a majority stake to an investor.