Largest UAE law firm Al Tamimi & Company joins Dubai International Financial CentrePress Release 08 Jul 2006 11:25 am
Dubai International Financial Centre (DIFC) today announced that Al Tamimi & Company, Advocates & Legal Consultants has been registered by the Dubai Financial Services Authority (DFSA) to operate as an Ancillary Service Provider from the DIFC. Following receipt of the necessary licenses, Al Tamimi & Company' Dubai office in the DIFC will open towards the end of June in Building 4.
Al Tamimi & Company is the largest independent law firm in the UAE. The firm’s international team of high caliber lawyers serves clients across the world. They also have offices in Dubai Internet City, Abu Dhabi, Sharjah and Baghdad, and an associate office, Adv. Al Marri in association with Al Tamimi & Company in Doha, Qatar. They provide corporations and local government with legal and advisory services specialising in Banking & Finance, Corporate & Commercial law, Intellectual Property & Information Technology, Media and Telecommunications, Litigation, Alternative Dispute Resolution and Arbitration, Maritime Trade & Insurance Law, Aviation, Family Owned Businesses, Construction and Property Law. The firm assists multinational companies and family businesses in doing business in Gulf States independently, or with local partners.
Al Tamimi & Company's DIFC office has been established in response to their international clients’ increased strategic focus on the Middle East and the increasing levels of investment into and out of the region, leading to a growing demand for premium legal advice in an international trading zone.
The new office builds on Al Tamimi & Company’s remarkable growth since 1989 advising local government, banks, corporates and project sponsors in the Middle East. The firm has amassed considerable experience working on securities issues, project finance transactions, corporate finance transactions, aircraft financings, family businesses and Islamic finance. The office will be led by eight partners: Essam Al Tamimi, Senior Partner; Hoda Barakat, Managing Partner; Husam Hourani, (Banking); Hassan Arab (Litigation); Yazan Saoudi, (Maritime Trade & Insurance); Jassim Babaish, (Litigation) Abdul Wahid Alulama, (Banking) and Lisa Dale (Property)
Commenting on the registration of Al Tamimi & Company, Dr Omar Bin Sulaiman, Governor of the Dubai International Financial Centre commented: “I am delighted to welcome Al Tamimi & Company to the DIFC. With reputed organizations such as Al Tamimi & Company joining the DIFC, we can provide added value and professional assistance to all our clients. The DIFC aims to set a new benchmark in terms of quality of service offered in the region.”
Essam Al Tamimi, Senior partner of Al Tamimi & Company's Dubai office, said:
"Opening an office in the DIFC in Dubai reflects the firm’s belief that the world of opportunity does not recognize national boundaries. Over the last few years we have worked closely with the DIFC both as a partner in various endeavours and for the DIFC as our client. We are delighted to be establishing our own presence in this dynamic financial centre which is home to some of the world's leading institutions."