Domestic firm Al Alawi & Co is active generally in financial and corporate work. Recent deal highlights included advising an investor on a venture loan, advice to a shareholders of mining company when it restructured, and advice to sponsor on a power project.
Bank Dhofar, Oman Arab Bank, and Muscat National Development and Investment Company are among the firm’s key clients.
“Strength: Al Alawi & Co provides customised solutions and helps to implement them.” – banking, M&A
“Very flexible and helpful. But a bit slow in completing tasks.” - Restructuring
"Very attentive and helpful, but can be a slow to complete tasks."
"Mr Taneja is an amiable individual, and has good listening skills."
Oman’s leading domestic firm Al Busaidy Mansoor Jamal & Co generally has a local counsel role on all the market’s most significant financial and corporate deals. One of the firm’s differentiating factors is its experience and depth of knowledge of local regulation.
In the research period the firm was particularly active in the capital markets area. The highlights were representing the government on all its debt issuances, advising the arrangers on Mazoon Electricity Company’s sukuk, and a number of issuer side IPOs in the insurance sector.
In M&A the firm was active in the oil and gas sector, with one deal example its role for Qatar Petroleum on the acquisition of an interest in Oman’s off-shore oil and gas block 52.
Key recent clients Bank Muscat, Qatar Petroleum, National Life & General Insurance Company, and the Government of the Sultanate of Oman.
“Some of the most solid and trustworthy advise. Very thorough, addressing many of the 'what ifs' that are necessary to consider. Pragmatic and solution oriented advice at all times - both in defensive and offensive situations avoiding litigation unless the situation so requires. Good trustworthy associates and partners but not enough resources and consequently at times under time pressure.” – Banking, capital markets, M&A
“AMJ is my first choice for oil and gas, M&A, corporate and commercial transactions in Oman. Whenever I have new deal in Oman, the first call I make is to Mansoor Malik at AMJ to ensure I have him on board for Oman law advice. AMJ is very helpful at finding solutions for legal issues in Oman, and is the best for finding the most streamlined solutions for clients. The firm is also very well-regarded with regulators in Oman, which can be very helpful.”- Project development, project finance, M&A
“Clear and commercial advice. London market standard of work, but provided in an emerging market - a rarity.” – M&A
“Commercially focused advice which covers all aspects of Omani law. The firm has deep roots in Oman and its strong connections have helped us navigate tricky Omani regulatory issues. Great partner involvement when needed and Mansoor is always hands-on. Asad Qayyum in particular is a rising start - approachable, knowledgeable and always available with smart and reliable advice.” – Banking, capital markets
“They are excellent. They have more depth than any other firm in Oman and provide a more consistent service as a result. They are good on Omani law as you'd expect, but also well networked and able to get things done.” – Banking, capital markets, M&A, project development, project finance
“They are extremely professional with a high level of integrity and holding firm for the long term interest of the client. They do not make any compromise on the application of the law. They are very knowledgeable and very articulate in explaining their concerns.” – Banking, capital markets, M&A
“They have the largest team in Oman which is characterised by continuity. Turnover of key staff is low which is vital in the service sector. Their people are very experienced in Oman and well connected. We have found their advice to be quite sound and their process methodological yet creative.” – Capital markets, project finance
“Al Busaidy Mansoor Jamal & Co is well knowledgeable in the Omani law and regulation details which saves time and efforts in addition to speeding up the process with regulators. They attended all meetings with regulators and court sessions which eased receiving all the approvals required in a professional and comfortable approach.” – Capital markets, M&A
"Al Busaidy Mansoor Jamal & Co has been, and remains, our go to local firm across our group of companies. Technically sound advice complemented by lawyers with long track records of practicing in Oman, which provides the "x" factor of practical suggestions regarding how the law will likely be interpreted/applied in practice. Would benefit from bolstering local talent with additional international talent in some practice areas - particularly given the firm's workload (victim of its own success, so to speak).” – Banking, capital markets, M&A
“Al Busaidy Mansoor Jamal & Co is an international standard firm, comparable to top firms in the region. I particularly value the range of expertise and number of lawyers experienced in different areas of law at the firm. Since the work quality happens to be of international standards, the fees also tend to be a bit on the higher side, especially compared to other local firms.” – Banking, capital markets, M&A, project finance, project development, restructuring
“The firm's founder and active managing partner has been in Oman for over 30 years and accordingly benefits from a wealth and depth of experience. We have found AMJ easy to work with and useful partners in creating new structures and products in the domestic market. The managing partner has also been good at attracting talent to the firm.” – Banking, capital markets, M&A, project finance, project development, restructuring
“The M&A team of the firm is highly skilled and very knowledgeable about the local regulation and, most of all, practice and hence very supportive in dealing with all legal aspects of the M&A transaction.” – M&A
"Nasar is a lawyer that I really enjoy working with. His solution-oriented approach to problems is always appreciated and he has managed to always deliver high quality legal advice with practical and workable solutions."
"He is a very talented, knowledgeable and practical person. He is a good listener, communicator and a problem solver.
"Very responsive and quite knowledgeable. Available at all hours."
"Proactive and very accessible."
Mansoor Jamal Malik
"He is extremely able and hardworking."
"Mansoor has been in Muscat for a very long time and as such is a seasoned and wise advisor. He knows a lot of the history and background of the oil and gas sector in Oman, which is especially helpful to me."
"Practical and concise advice."
"Without parallel locally."
"Expert in the region since he's pretty much been around since the laws were initially promulgated."
"He is an expert in almost all areas of Omani law."
"He is the main man in private practice in Oman. He is practical, knowledgeable and has loads of experience."
"MJM is a fantastic all-round lawyer and knows his market extremely well."
"Very competent. Knows his market and how to get a job done."
"Very knowledgeable, responsive and professional. Indeed someone who you can count on."
"Excellent service. Quick turnaround. Customer-oriented."
"Professionally excellent and personally a fine gentleman."
"Excellent. Very experienced and knowledgeable."
Regional firm Al Tamimi & Company is active in corporate transactions in Oman. Highlight work in the research period included a mix of buy and sell side mandates on inbound and domestic M&A deals in sectors including banking, healthcare, food and technology.
Notable recent clients include Oman Broadband, Kerry Group and PEC.
Said Al Shahry & Partners (SASLO) is active across the financial and corporate space.
The firm’s recent banking mandates were a mix of lender side finance transactions – both corporate and acquisition facilities. In M&A it worked on joint-ventures and had several inbound buy-side roles on acquisitions in the insurance sector. The firm also secured several issuer side roles on capital markets mandates, including a regulatory capital issue by a bank and a rights issue by a utility. In further work, the firm advised sponsors on utility projects and corporates on restructuring.
Notable clients include Ahli Bank, Oman Wastewater Services Company, and Oman Air.