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|20 February, 2019

Clifford Chance appoints new Regional Managing Partner for the Middle East

Mo Al-Shukairy as Regional Managing Partner for the Middle East, commencing a four year term on 1 May 2019.

Mo takes over from Robin Abraham who has been in the post since 2014. Robin has worked in the Middle East for over 15 years, where he has been instrumental in building the banking, finance and projects practices in the region.  He will continue to play an important role in leading key client relationships within the region and beyond. 

A corporate partner with a strong regional and outbound M&A practice, Mo will continue to work closely with clients and be heavily involved in client work going forward. Mo joined Clifford Chance in London in 2002, moving to Dubai in 2011. He specialises in advising corporate, private equity and other clients on mergers and acquisitions and stock exchange issues in the Middle East (and London previously).

Clifford Chance Managing Partner Matthew Layton comments: "Mo has been advising many of the firm's clients on highly strategic and complex mandates in and out of the Middle East and his appointment as Regional Managing Partner will reinforce our position as the leading law firm in the Middle East. Under Mo’s leadership, I am confident that we will continue to go from strength to strength."

"I would also like to thank Robin for the fantastic role he has played in developing our Middle East practice, and in bringing together the expertise of the entire firm on complex transactions supporting our regional clients beyond the Middle East, especially into Africa and Asia Pacific."

Mo adds: "It is of course an honour to accept this role and get the opportunity to lead such a talented and dedicated team in the Middle East. I look forward to working closely with my colleagues in the region and across the firm in the coming years to build on our successes, for the benefit of our clients and people."

Clifford Chance regularly advises on the most significant Middle East mandates – below are a few recent highlights:

·            Aldar Properties on its c.USD 1 billion acquisition of real estate assets from TDIC, one of the largest ever real estate M&A deals in the Middle East.

·            Union National Bank on its proposed merger Abu Dhabi Commercial Bank and their subsequent acquisition of Al Hilal Bank. The proposed transaction will create the third largest financial institution in the UAE and the fifth largest in the GCC, with assets of c.USD 114 billion. 

·            In cooperation with Abuhimed Alsheikh Alhagbani Law Firm, Clifford Chance is advising Saudi British Bank (SABB) on its proposed c. USD 5 billion merger with AlAwaal Bank. This will be the first ever statutory merger in Saudi Arabia and creates a highly significant precedent for other public listed companies in the Kingdom.

·            SABIC on its multi-billion USD acquisition of a 24.9% stake in Clariant, a Swiss listed publicly listed chemicals company and its debut USD 2 billion Rule 144 bond offering.

·             DP World on the issuance of USD 3.3 billion of senior notes and sukuk. The deal sets a new benchmark for Middle East issuers as it’s the largest bond issue from the Middle East since 2014. 

For more information about Clifford Chance please see www.cliffordchance.com.
For further information about this release, please contact Roshan Khan on +971 4 503 2661 or roshan.khan@cliffordchance.com
 
About

Clifford Chance is one of the world's pre-eminent law firms with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, we pride ourselves on our approachable, collegiate and team based way of working. We always strive to exceed the expectations of our clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not for profit organisations. We provide them with the highest quality advice and legal insight, which combines the firm's global standards with in-depth local expertise.

Clifford Chance was ranked 'Band 1' in more cross-border tables than any other firm in the Chambers Global 2018 Directory. This independent analysis focuses on firms' legal ability, professional conduct, client service, and commercial awareness, and these rankings provide outstanding recognition for the firm's breadth of expertise and consistency of quality across global markets.

Our Middle East office was recently ranked 1st place by value in the Merger Market 2018 global M&A league tables and was awarded International Law firm of the Year at the IFLR Middle East Awards ceremony.  In January, we won 10 awards at the IFN Middle East Deal of the Year Awards noting successes in key categories such as construction finance, infrastructure and projects finance, Islamic finance and securitisation.

© Press Release 2019

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