Afridi & Angell

Legal Services | United Arab Emirates

http://www.afridi-angell.com
tel: +971 4 330 3900 | fax: +971 4 330 3800
Emirates Towers Offices, Level 35, P.O. Box 9371 | Dubai | United Arab Emirates

Main Contacts

Bashir AhmedManaging Partner

Samera MareiDirector of Business Development and Marketing

Offices

Dubai, United Arab Emirates | Abu Dhabi, United Arab Emirates | Sharjah, United Arab Emirates

Afridi & Angell News

Tuesday, July 7, 2020 | Underperforming real estate: Can REIT (funds) assist developers in the UAE?
Thursday, June 18, 2020 | Economic Substance Notification – Deadlines
Monday, June 1, 2020 | Recent Measures Implemented in Abu Dhabi in Response to COVID-19
Monday, June 1, 2020 | Cram Down Financings in the Era of Covid-19
Sunday, May 31, 2020 | Post Eid al Fitr Reopening Guidelines and Easing of Movement Restrictions

Afridi & Angell's Overview

Afridi & Angell is a leading full-service business law firm in the United Arab Emirates (U.A.E.). The firm, one of the oldest in the U.A.E., was established in 1975, not long after the formation of the U.A.E. in 1971.

Our history and reputation for quality legal work has made the firm an integral part of the country's legal landscape and one of the premier law firms in the region. The quality and high standards of the firm are set and preserved by the partners who have many years of experience in the U.A.E. Our lawyers are trained in international jurisdictions and bring with them international experience and the world's business languages.

We advise local, regional and international clients on a wide range of transactions and legal issues. Our commitment to practical and solution-based advice is valued and recognised by clients.

Our clients are the core focus of our business strategy. Our holistic approach means we consider client matters as a whole with a view to obtaining the best result for the client and minimising potential future risks.

As one of the most established law firms in the U.A.E., our partners boast an unrivaled range and depth of local, regional and international experience. Their innate understanding of client needs coupled with their 'hands on' approach to client matters has undoubtedly formed the basis for the firm's sustained and growing international reputation.

We pride ourselves on being multi-specialists. This versatility makes our service consistent, effective and cost-efficient.

"Afridi & Angell provides 'consistently high service' and 'a creative and solution-oriented' approach, and caters to a mix of local and international clients."

Legal 500 EMEA 2013

Year this Office was Established: 1975
Number of Offices Worldwide: 3
Lawyers Worldwide: 30

Languages: English, Arabic, Urdu, Hindi, German, French, Sinhalese, Tamil, Gujarati, Farsi.

Notable

Areas of Practice

Banking & Financial Services
Corporate & Commercial
Dispute Resolution
Dubai International Financial Centre
Employment
Financial Services Regulation
Infrastructure & Project Finance
Insurance
International Trade Controls & Sanctions
Maritime, Shipping & Transport
Military Procurement & Offsets
Private Equity & Acquisitions
Real Estate & Construction
Venture Capital

Representative Clients

Citibank N.A.
Credit Suisse Trust
Union Properties PJSC
Abu Dhabi Commercial Bank
National Bank of Fujairah
Burberry Middle East
Exxon Mobil
Fluor Corporation
Lockheed Martin
General Electric
Deyaar PJSC
Al Du'a
Apex Brazil
BNP Paribas
Abu Dhabi Investment Bank
Creative Energy Resources
Union Properties PJSC
DUBAL
Crocs

Professionals

Partners

Masood Khan AfridiPartner

Haider Khan AfridiPartner

Bashir AhmedManaging Partner

James BowdenPartner

Charles S. LaubachPartner

Shahram SafaiPartner

Stuart WalkerPartner

Associates

Omer H BakriAssociate

Elizabeth BrachaniecAssociates

Rahat DarSenior Associate

Nazim HashimSenior Associate

Kanan KasuyaAssociate

Saurbh KothariSenior Associate

Zaid MahomedAssociate

Mamoun OsmanAssociate

Abdus SamadSenior Associate

Sulakshana SenanayakeAssociate

Anna WhiteAssociate

Of Counsel

Amjad A KhanSenior Counsel

Other

C. ChakradaranSenior Counsel

Adite AlokeSenior Associate

Mevan BandaraSenior Associate

Danielle LoboPartner

Chatura RandeniyaPartner

Zahra ZaidiAssociate

Articles

Underperforming real estate: Can REIT (funds) assist developers in the UAE?
Afridi & Angell, July 2020

During these unprecedented times, developers all over the world are actively looking for solutions to deal with underperforming real estate. For developers in the United Arab Emirates (UAE), real estate investment funds (otherwise known as REITs) may offer a solution to the problem. A REIT is a public or private investment fund which is established to invest a certain percentage (as stipulated by law) of its assets in real estate. REITS are permitted onshore in the UAE under the Emirates Securities and Commodities Authority’s framework and in the freezones of the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Centre (DIFC)...

Economic Substance Notification – Deadlines
Afridi & Angell, June 2020

The UAE has introduced Cabinet Resolution 31 of 2019 (as amended) (the Economic Substance Regulations) which apply to UAE onshore and free zone entities that undertake, and earn an income from, any of the Relevant Activities (listed below): Banking Business Insurance Business Investment Fund Management Business Shipping Business Holding Company Business Lease-Finance Business Distribution & Service Centre Business Headquarters Business Intellectual Property Business The Regulatory Authorities (as determined by Cabinet Resolution 58 of 2019) are now requesting the submission of Economic Substance Notifications in accordance with Article 8(1) of the Economic Substance Re

All articles submitted by Afridi & Angell

Press

Afridi & Angell Advises Thomas Cook India Group on AED149 Million Acquisition of 51% of Digiphoto Entertainment Imaging
Afridi & Angell, March 2020

Afridi & Angell recently advised Thomas Cook India Group (TCI), a leading global integrated travel services player, on a fast paced AED149 million (USD40.6 million) acquisition of 51 per cent stake in Digiphoto Entertainment Imaging (DEI), a UAE headquartered imaging solutions and service provider. Afridi & Angell acted as lead UAE counsel to TCI on the transaction, and advised on pre-transaction structuring and carve-out issues, the transaction documents (including a Share Purchase Agreement, Shareholders’ Agreement and other ancillary documents), anti-trust issues, as well as a restructuring of the DEI Group in the UAE in order to improve TCI’s post-acquisition control of the group...

Afridi & Angell Announces New Partners
Afridi & Angell, January 2019

DUBAI – Monday 14 January 2019 – Afridi & Angell is pleased to announce that Chatura Randeniya and Danielle Lobo have been admitted to the partnership, effective 1 November 2018. Chatura’s practice focuses on dispute resolution. He advises and represents clients in high value arbitrations, the DIFC Court, and works with local advocates on matters before the UAE courts. Chatura obtained an LLB from the University of Colombo, an LLM from Harvard Law School, and qualified as Attorney-at-Law of the Supreme Court of Sri Lanka. Danielle’s practice focuses on corporate and commercial law...

All press submitted by Afridi & Angell