Recommended by clients as ‘well versed in the field of banking and finance’, the finance practice at Addleshaw Goddard's leverages significant expertise in a range of financial mandates, both in conventional and Islamic banking. The team is oversees various high-value loan facilitation mandates, including those pertaining to public sector debt, project finance, finance restructuring, and cross-border financial transactions. Roger Byrne heads the team, and is frequently approached by leading clients in the local and international market for his extensive financial sector expertise, including debt capital market, transactions, and project financing, and is accompanied by senior associate James Shaw, who boasts expertise in conventional and Islamic banking experience. Liam Mehigan is highly active in real estate and asset finance, while Asila Al Hinai is a key operator in debt restructuring and Islamic financing.
Banking and finance in Oman
Addleshaw Goddard
Praxisleiter:
Roger Byrne; Robin Hickman
Weitere Kernanwälte:
James Shaw; Asila Al Hinai; Liam Mehigan
Referenzen
‘Very knowledgeable, very quick in response, very thorough & complete, very fair in doing work, very fair in pricing, very patient, always available. Takes off completely the work pressure and anything to do with documentation, so we, as lender, can focus on so many other things with dealing with legal or documentation as least of our concern, and also least of our client’s concerns.’
‘We tried other law firms, but the circle comes back to AG, and James Shaw in particular. James handles everything very ideally.’
‘The AG team is well versed in the field of banking and finance. They are resourceful and are able to meet and cater to the needs of clients. ’
Kernmandanten
Bank Muscat
Sohar International Bank
National Bank of Oman
Ahli Bank
Oman Investment Authority
Oman Arab Bank
Nama
OQ
Bank Nizwa
Zubair Corporation
Bank Dhofar
Omantel
Alizz Islamic Bank
Mashreqbank
Gulf International Bank
HSBC Bank (Middle East) Limited
OQ Alternative Energy
Standard Chartered Bank – Oman Branch
Highlight-Mandate
- Advising Bank Muscat SAOG as mandated lead arranger for the conventional and Islamic financiers syndicate on the secured USD950m conventional and Islamic term loan facilities for the construction and operation of 2.5 MTPA integrated green steel plant at Duqm in Oman.
- Advised HSBC Bank Middle East Limited as Global Facility Agent on facilities made available to Wadi Noor Solar Power Company SAOC to develop, engineer, construct, own, operate, and maintain the 500 mega watt Manah Solar I power plant and associated facilities.
- Advised Bank Muscat SAOG, Meethaq Islamic Banking-Bank Muscat SAOG, Sohar International Bank SAOG, and Sohar Islamic Division of Sohar International Bank SAOG conventional and Islamic divisions on their secured USD600m finance facilities to ASYAD Group SAOG and ASYAD Shipping Company SAOG to be used for general corporate purposes to refinance existing indebtedness.
Al Busaidy, Mansoor Jamal & Co
The banking and finance practice at Al Busaidy, Mansoor Jamal & Co is a key port of call for clients due to its ‘market knowledge and vast experience in doing all sorts of transactions’. The team demonstrates notable aptitude for Islamic finance-related matters, including securing Sukuk, Musharaka, and Wakala loans in the energy, real estate, and shipping industries, among others. The team is frequently sought after by multinational clients for its local and cross-border strength, and represents clients for project financing, along with intra-bank-related matters. Mansoor Jamal Malik is sought after by clients for his extensive experience in project financing and finance acquisition matters, and co-heads the team with Marcus Perry, a notably experienced practitioner in cross-border finance transactions. Associate Zarrar Mir comes recommended by clients for his experience in high-value, complex finance-sector transactions, especially Islamic finance.
Praxisleiter:
Mansoor Jamal Malik, Marcus Pery
Weitere Kernanwälte:
Zarrar Mir
Referenzen
‘The Firm is very strong at making sure that Clients are receiving quality legal advice and document preparation even under the pressure of tight deadlines.’
‘Zarrar Mir stands out for his approachable nature, having a lawyer that you feel comfortable discussing specific details related to a transaction is extremely valuable when tasked with making important decisions within the context of a large financing.’
‘Knowledge on Islamic banking and finance structures and documentation. Fast turn-around time. Ease to approach team members including the senior partners. Market knowledge and vast experience in doing all sorts of transactions. Always abreast with the latest legal and regulatory framework.’
Kernmandanten
Arab Banking Corporation B.S.C.
Arab Bank Plc
Ahli Bank SAOG
Bank Muscat SAOG
Bank Muscat, Meethaq Islamic Banking
Bank Nizwa SAOG
Bank Dhofar SAOG
BBK B.S.C.
Commerzbank AG
Emirates NBD PJSC
First Abu Dhabi Bank PJSC
Gulf International Bank B.S.C.
HSBC
Jindal Shadeed Iron & Steel LLC
Mashreq Bank
National Bank of Oman SAOG
National Finance Co. SAOG
Oman Arab Bank SAOG
Sohar International Bank SAOG
Sohar Aluminium Co LLC
Taageer Finance Co. SAOG
Highlight-Mandate
- Advised Ahli Bank SAOG on USD63m conventional and Islamic finance facilities to Sohar Titanium (FZC) LLC.
- Advised HSBC Bank Middle East Limited, Gulf International Bank B.S.C. and Mashreq Bank on the establishment of their respective branches in Oman to undertake banking activities.
- Advised Abu Dhabi Commercial Bank PJSC on a term loan credit facility to Energy Development Oman SAOC and EDO Gas S.P.C.
Said Al-Shahry & Partners (SASLO)
Said Al-Shahry & Partners (SASLO)‘s banking and finance team acts in a number of high-value mandates in the local market, including the recent HSBC Oman merger with Sohar International Bank. The team holds notable expertise in transactional matters, equity and debt capital markets, project financing in the power, oil and gas, and real estate sectors, and share and asset sales to banks, among others. The team is jointly led by its senior partners, including Thamer Al Shahry, an expert in capital markets who is noted by clients for his ‘invaluable guidance’. Head of corporate work Jeremy Pooley is often active in the team’s transaction-heavy matters. Maria Mariam Rabea Petrou is an increasingly key member of the team, and extensively works on complex, multi-jurisdictional matters. Sherif Hampton is a key port of call for complex Islamic finance matters, especially in regional GCC jurisdictions.
Praxisleiter:
Thamer Al-Shahry; Jeremy Pooley; Sherif Hampton; Maria Mariam Rabea Petrou
Referenzen
‘A key strength of the team lies in its ability to handle complex legal issues – they are able to tackle challenges from various angles and offer creative and effective solutions. The team is also diverse and has a deep legal expertise.’
‘The responsiveness that Thamer Al-Shahry gives in relation to an engagement makes the Bank feels supported and valued throughout the process. He provides honest assessments of potential risks and outcomes especially for any Oman related inquiries (ministries, notary public, other government related bodies) and offers invaluable guidance throughout the engagement.’
‘Sherif Hampton has a deep understanding of the subject matter combined with a proactive approach to addressing client needs.’
Kernmandanten
Sohar International Bank SAOG
Financial Services Authority
Ahlibank SAOG
Bank Muscat SAOG
China Energy Engineering Group Shanxi Electric Power Engineering Co. Ltd
CNECC International Engineering Co., Ltd
Highlight-Mandate
- Advised Sohar International Bank SAOG on its merger with HSBC Bank Oman SAOG.
- Acted as sole legal counsel to Ahlibank SAOG in relation to the following high-profile series of public M&A transactions: in relation to an unsolicited merger offer from Bank Dhofar; in relation to an unsolicited takeover offer from a consortium led by Ominvest and Arab Bank plc; and in relation to an unsolicited competing takeover offer from Bank Dhofar.
- Acted as sole legal counsel to Al-Imam Jabir Bin Zayed Foundation in the successful establishment and initial public offering of the Gheras Endowment Fund.
Al Tamimi & Company
The banking and finance department at Al Tamimi & Company is well-equipped to handle a broad spectrum of transactional and regulatory matters, including complex Islamic finance transactions, syndicated loans, facility agreements, and asset acquisition financing. Sakshi Puri heads the department, and is an expert in complex financial matters, including Islamic finance, financial restructurings, refinancing, bilateral lending, and project finance. Associate Asad Vellani is a key member of the team, and operates in both regulatory and transactional matters.
Praxisleiter:
Sakshi Sethi Puri
Weitere Kernanwälte:
Asad Vellani
Referenzen
‘I had very positive interactions with Al Tamimi & Company banking and finance team in the Oman Office for the purpose of carrying due diligence on a Borrower for the implementation of a financing transaction. They were quick to reply, and provided useful advice when we had questions around certain details of the transaction.’
‘Esoteric area of knowledge. The team was well versed in the ask and delivered quality work product on time and at quote.’
‘All attorneys we dealt with were personable, engaging, knowledgeable and helpful in all regards.’
Kernmandanten
Enerflex Middle East LLC
Exterran Middle East LLC
Highlight-Mandate
BSA Al Rashdi & Al Barwani Advocates & Legal Consultants
Islamic finance expert Arsalan Tariq leads the banking and finance department at BSA Al Rashdi & Al Barwani Advocates & Legal Consultants, which is a key port of call for matters relating to a variety of Islamic loans, financing projects, and transactions in compliance with Shariah law. Tariq is frequently sought after by clients in the GCC market, including for capital markets and Islamic finance-related matters. Sahil Taneja is a key member of the team, and is often active in transactional matters.
Praxisleiter:
Arsalan Tariq
Weitere Kernanwälte:
Sahil Taneja
Referenzen
‘This law firm distinguishes itself through a client-centric approach that blends legal excellence with commercial insight, ensuring practical and strategic solutions tailored to business needs. With deep expertise across industries such as financial services and technology, the firm offers proactive risk management, regulatory foresight, and cross-border capabilities that set it apart.’
‘Unlike traditional firms, it embraces innovation through legal tech, and flexible billing models, enhancing efficiency and transparency. A strong commitment to diversity, collaboration, and cutting-edge legal strategies ensures that clients receive forward-thinking, results-driven representation in an evolving legal landscape.’
‘The firm’s lawyers stand out for their strategic mindset, industry expertise, and commitment to client success. Unlike competitors, they go beyond legal advice, offering proactive, business-focused solutions. Key partners and associates are recognized for their deep knowledge, responsiveness, and ability to handle complex matters with precision, making them trusted advisors rather than just legal service providers.’
Kernmandanten
Maisarah Islamic Banking Services, Islamic window of Bank Dhofar SAOG.
Fisheries Development Oman
Ahli Bank S.A.O.G.
Latham and Watkins
Mastercard
Muzn Islamic, Islamic window of National Bank of Oman
Highlight-Mandate
- Advised Sindbad Shipping on the OMR5.76m Musharaka facility under the concept of Shirkat-ul-Milk to meet its obligation to pay Musharaka Contribution Amount.
- Acted as the Transaction Counsel for Muzn Islamic, Islamic window of National Bank of Oman, in relation to extending the OMR30m financing to Oman REIT Fund for acquiring a portfolio of real estate assets in Oman on Diminishing Musharakah basis.
- Advised Maisarah Islamic Banking Services, Islamic window of Bank Dhofar SAOG, on obtaining USD40m Master Wakala Facility committed line from Warba Bank.
Trowers & Hamlins LLP
Salman Ahmed leads the banking and finance department at Trowers & Hamlins LLP, which handles a diverse array of transactional work encompassing conventional and Islamic finance, including Sukuk, high-value syndicated loan financing, and finance restructurings. Ahmed’s background in Islamic finance is augmented by Kuala Lumpur-based Elias Moubarak's experience in the Omani market, particularly in financing and debt capital market-related matters. Associate Debopam Dutta is a key member of the team, and is sought after for both convention and Islamic banking matters in the GCC.
Praxisleiter:
Salman Ahmed
Weitere Kernanwälte:
Elias Mubarak; Debopam Dutta
Referenzen
‘Dedication and commitment to the getting the job done within the set timelines. Problem solving and getting all parties involved to resolve pending issues.’
‘The experience, attention to detail, and hands on approach is appreciated the most. Additionally, the commitment to meet deadlines and follow up with parties to resolve issues.’
Kernmandanten
Aseem Infrastructure Private Limited
Deutsche Bank AG
Oman International Development & Investment Co. S.A.O.G
Bank Muscat SAOG
National Bank of Oman SAOG
Ahli Bank SAOG
Electricity Holding Company
Takaful Oman SAOG
Sohar International Bank SAOG (Sohar International)
Oman Development Fund Company SAOC
Bank Dhofar
Al Omaniya Financial Services
State Bank of India
Bank of Baroda
Canara Bank
ICICI Bank
Bahrain Development Bank
Meethaq Islamic Banking
Maisarah Islamic Banking
Gulf International Bank B.S.C.
Bank Nizwa
Alizz Islamic Bank
Bank of Bahrain and Kuwait
OQ
First Abu Dhabi Bank PJSC
Abu Dhabi Commercial Bank PJSC
Arab Banking Corporation (B.S.C.)
Highlight-Mandate
- Advising two syndicates of more than 10 international, regional and local banks in relation to the OMR108.8m and USD556.8m refinancing and consolidation of several facilities that has been made in favour of two NAMA group entities.
- Advised Maisarah Islamic Banking and Bank Nizwa on their capacity as issue managers in relation to the Oman government’s sovereign OMR76.3m Sukuk issuance.
- Advised Oman International Development and Investment Company S.A.O.G. on the issuance of OMR13.3m mandatory convertible bonds.
CMS Cameron McKenna LLP
CMS Cameron McKenna LLP‘s finance department is distinguished by its ‘deep experience, proactive approach, and strong customer focus’, advising clients on conventional finance, finance sector acquisitions, including share and asset sales, and project financing. The team is additionally experienced in various cross-border matters, especially transactional mandates. Senior associate Helen Dean leads the team, and holds over 15 years of experience in project finance, syndicated loan agreements, and corporate lending. Charles Dolphin was promoted to partner in May 2023. Since April 2024, Ben Ewing moved to a consultancy role.
Praxisleiter:
Helen Dean
Weitere Kernanwälte:
Charles Dolphin; Ben Ewing
Referenzen
‘Compared to other firms, CMS is distinguished by its progressive approach to diversity and inclusion in order to serve the clients with collaborative environment and that leads to more innovative solutions and stronger client relationship.’
‘The people I work with stand out for their deep experience, proactive approach, and strong customer focus. They continually deliver innovative solutions while maintaining a collaborative and inclusive environment, such as Ben Ewing, who has demonstrated exceptional leadership, creativity, and dedication to customer success.’
‘The team is lead by Helen Dean, Senior Associate, who is always available to answer any questions. The team showed exceptional skills and commitment to delivering key advice and solutions within tight deadlines.’
Kernmandanten
Oman Broadband Company SAOC
Oman Tower Company LLC
Bank Muscat SAOG Meethaq Islamic Banking
KCA Deutag Drilling Gmbh
KCA Energy LLC
Oman Brunei Investment Company SAOC
Omani Hospitality Company SAOC
Petrogas Exploration & Production LLC
Mazoon Petrogas SAOC
Oman Information and Communication Technology Group SAOC (Ithca Group)
Highlight-Mandate
- Advised KCA Deutag Energy LLC on local law issues for the financing of two new land rigs (rigs 1 & 2) financed by Oman Arab Bank SAOG to service new contracts with Petroleum Development Oman (PDO), as well as setting up a new SPV for the transaction.
- Advised KCA Deutag Energy LLC on local law issues for the financing of two further new land rigs (rigs 3 & 4) financed by Oman Arab Bank SAOG again to service new contracts with Petroleum Development Oman (PDO).
MAR Law
MAR Law's banking and finance offering advises government ministries along with food, pharmaceutical, and utility industry clients on a variety of refinancing, Islamic financing, and project financing matters. Ali Naveed Arshad is sought after by clients for his work in various high-value transactions and his advisory services to procurers and developers on asset acquisitions; he co-heads the team alongside Alessandra Zingales, a key practitioner from the corporate and capital markets team.
Praxisleiter:
Ali Naveed Arshad; Alessandra Zingales
Referenzen
‘We have engaged Mar Law for our day to day operations as a legal retainer. My honest opinion is they are the best in the industry so far whom I dealt with. Their approach is always towards organizational needs in a professional manner.’
‘What makes them unique I would say their attitude towards business oriented without compromising legal aspects which makes the decision maker in the organization in safe situation.’
‘I had dealt with Alessandra Zingales. I must give credit to the way she has supported us so far.’
Kernmandanten
Oman Broadband Company SAOC
ITHCA group
Penicillin General Integrated Industrial Co FZC LLC
Ministry of Finance
Ministry of Education
Black Gold Integrated Solutions Co LLC
Oman Sugar Refinery Company LLC
Iv3 Aqua Corporation
Highlight-Mandate
- Advised the Ministry of Finance and Ministry of Education as a sub-consultant to Covington & Burling LLP on the procurement of the first batch of 42 schools under a public private partnership model.
- Advised Oman Sugar Refinery Company LLC on a project that relates to development of a sugar refinery in the Sohar Industrial Port.
- Advised Penicillin General Integrated Industrial Co FZC LLC, the project company for a greenfield penicillin manufacturing facility in the Sohar Free Zone.