LawFuel – Legal Annoucnements – International law firm Eversheds has successfully secured a place on the global legal panel of Dubai Holding following a re-panelling exercise. The appointment means that Eversheds are able to advise all the group companies that are managed by Dubai Holding, including Dubai Properties Group, Jumeirah International, TECOM Investments, Dubai International Capital, and Sama Dubai. In 2007, Dubai International Capital, completed the £800 million acquisition of Tussauds Group and acquired Alliance Medical for £600 million.
Created in 2004, Dubai Holding has consolidated and leads Dubai’s large-scale infrastructure and investment projects, across 13 industries, for the success and prosperity of the United Arab Emirates (UAE) and the surrounding region.
The Eversheds team was led by head of banking and finance in the Middle East, Amjad Hussain, who was supported by Chris Jobson, managing partner of the Middle East, and John Kemkers, Director Abu Dhabi.
Amjad Hussain, comments:
“We are delighted to be appointed to the Dubai Holding panel. During the economic downturn, strong global companies like Dubai Holding remain extremely important and valued clients for us. It is clear that our message of accountable relationships and cost predictablility is one that clients are increasingly keen to hear in this region. Eversheds’ growing and solid reputation in the Gulf region is standing us apart from our competitors and we are receiving significant madates. We look forward to strengthening our relationship with Dubai Holding and its subsidiaries throughout 2009.”