Back
The United Arab Emirates being a major global financial hub, is a leader in absorbing and integrating the technology tools in this sphere,
including adopting digital mobile banking solutions, artificial intelligence and blockchain technology etc. UAE banks, both domestic and foreign, are the backbone of the financial industry. They provide retail and corporate services to members of the private and public sectors. We advise on a wide stratum of banking and finance matters, ranging from financial regulation, product development, cross border finance transactions, structured finance, securitisation and right through to debt capital markets and financial restructuring. We advise our clients on executing contracts on various banking transactions such as, availing term loan facilities, overdrafts, mortgages, export-import transactions, sharia compliant financial services, forward transactions and bank guarantees. Further we also advise and co-ordinate legal actions relating to debt recovery proceedings. We assist in terms of drafting and implementing Share Pledge, Creating Movable and Immovable Assets Security etc. We have participated in a large transaction involving the creation of one of the largest ‘Mobile wallet’ in the UAE involving most of the UAE Banks. Our team is also specialized in drafting, negotiating and reviewing security agreements, Assets (Movable/Immovable) Pledge/Mortgage Agreements and Share Pledge Agreements.
