Al Tamimi & Company wins 2 industry awards

AL Tamimi & Company, the region’s largest law firm, won two awards at the International Financial Law Review (IFLR) Middle East Awards 2016, the industry leader for rewarding legal innovation. Al Tamimi was named UAE National Firm of the Year, and also won the coveted Debt and Equity Linked Deal of the Year award for Boubyan Bank’s Sukuk, which is to be listed in the NASDAQ market, as well as the Irish Stock Exchange. The transaction, initiated to enhance Tier 1 Capital, was the first Sukuk issued by a Kuwaiti bank and used a Mudarabah structure to ensure Shariah-compliance. The Al Tamimi team was led by the Kuwait Head of Office and Partner, Alex Saleh, as well as the Kuwait Head of Banking & Finance, Omar Handoush, Associate El Hassan Abdelrazek, and Associate Abdullah Masud. Success at the respected IFLR Middle East Awards follows a strong year for Al Tamimi, who most recently expanded its partnership across the Middle East, including Jordan, Qatar, Dubai and Abu Dhabi. The firm also opened a new office in Al-Khobar, one of the country’s largest markets, in September. Essam Al Tamimi, Senior Partner at Al Tamimi & Company, said: “We are delighted with our success at the IFLR Middle East Awards, which reflects how Al Tamimi continues to make progress in becoming the leading and most trusted law firm in the region. The growth of our team and opening of a new office in Saudi Arabia further reflects this, and is testament to the experience, expertise, and determination of all our lawyers. I am extremely proud of our achievements, and look forward to maintaining this momentum through the remainder of 2016.” Al Tamimi has been providing legal services to clients in the Middle East for over 25 years. Its team of over 330 lawyers across the region provides the firm with unparalleled understanding of the business landscape.— SG