The practice at Abdullah Kh Al-Ayoub & Associates is split between the Arabic Law division led by Mohammad Hassan Omar and the International Law division led by Prateek Shete, with both partners receiving praise from clients. "They were extremely responsive, work quite late and were innovative in their approach....
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The practice at Abdullah Kh Al-Ayoub & Associates is split between the Arabic Law division led by Mohammad Hassan Omar and the International Law division led by Prateek Shete, with both partners receiving praise from clients. "They were extremely responsive, work quite late and were innovative in their approach." says one, while another adds: "Excellent – very responsive, commercial; a great team."
The firm was most active in the capital markets sector where they advised the International Investment Group over a $15 million murabaha (deferred sale) transaction and a share portfolio pledge transaction. Another notable deal saw the firm advising a foreign fund over several murabaha agreements specifically in regard to security and restructuring issues. In the banking area, the firm advised the Gulf Petroleum Investment Company on a bank facility.
The M&A practice at the firm acted for the Al Ritaj Investment Company over the acquisition of a Kuwaiti company in the food and beverages sector. The team also advised Al Madina for Finance & Investment in the KD 40 million ($139 million) acquisition of a Kuwaiti telecoms company. Diyar Middle East also sought the team's advice on the establishment of a joint venture for software-related products.
One of the firm's biggest project financing transactions saw a team led by Mohammad Hassan advising the International Investment Group over a $130 million real-estate development. The firm advised the same client, along with the Grand Real Estate Projects Company (Grand), on a proposed facility development in Egypt. Grand also called in the team to advice over another Egyptian project, a E£500 million ($89 million) land acquisition.
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