Bin Shabib & Associates (BSA) open new offices in DIFCPress Release17 Nov 2006 12:24 pm
Bin Shabib & Associates (BSA) today announced the formal opening of its new offices in the Dubai International Financial Centre (DIFC). As the first UAE based law firm to have been registered by the DFSA to operate out of DIFC as an Ancillary Service Provider, BSA is now based in the financial hub of Dubai amidst other leading international and local companies.
Dr. Omar Bin Sulaiman, Governor of DIFC, welcomed BSA to the Centre: “Uniting global and regional businesses is an integral part of the DIFC’s vision and is vital to its development. As such, we are delighted to have a competent law firm such as BSA bringing their expertise from the UAE market and high standards of service within our boundaries. We welcome them to the DIFC and look forward to the invaluable contribution they will make and the success this will bring both the company and the DIFC.”
In his speech at the opening event, Founding Partner, Dr Rashid Bin Shabib, commented: “The DIFC has provided us with a dynamic business environment offering world class facilities and has put us in the vicinity of truly international organisations. Our presence here is a testimony to the unique service provided by BSA combining strong local ties with a new global approach. We are proud to have formed this significant relationship with the DIFC and sincerely hope that with time this bond will continue to strengthen.”
BSA is evolving into a dynamic ‘hybrid’ law practice as it continues to bring together international expertise with profound local knowledge. To address the varying needs of its clients the firm has distinct legal departments: Corporate & Commercial; Banking & Finance; Litigation & Dispute Resolution; and Construction. With its renowned expertise in handling initial public offerings (IPO), mergers & acquisitions, andshari’ah compliant financing, BSA works across various industries, including finance, insurance, real estate & construction, capital markets, investment banking and transport.
The firm is led by Founding Partner, Dr Rashid Bin Shabib, a prominent figure in Dubai’s business circles, and Managing Partner, Jimmy Haoula, who both possess a strong legal background following their extensive experience at Clifford Chance.