Press Releases

DUBAI – Monday 28 November 2022 – Afridi & Angell is pleased to announce that Saurbh Kothari, Mevan Bandara, and Abdus Samad have been admitted to the partnership, effective 1 November 2022. Saurbh’s practice focuses on corporate and commercial, regulatory and licensing, mergers and acquisitions, restructuring and employment matters. He advises local and international clients on various aspects of doing business in the UAE ...

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 ...

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 ...

DUBAI – Sunday 16 December 2018 – At The Oath Middle East Legal Awards on Wednesday 5 December 2018, Afridi & Angell received multiple honourable mentions including Regional Law Firm of the Year, Banking & Finance Team of the Year, and Employment Team of the Year. The Regional Law Firm of the Year category recognises excellence in service delivery, strength in legal strategy and vision, and commitment to providing the highest standard of legal services ...

DUBAI – Monday 5 November 2018 – On 31 October 2018 Afridi & Angell obtained three favorable orders in CFI-015-2018 ((1) ED&F Man Capital Markets MENA Limited (2) ED&F Man Capital Markets Limited v (1) Sayyed Hussain (2) RJ O’Brien MENA Capital Limited (3) Stephen Ghallami) after successfully defending an anti-suit injunction, an application to exclude evidence and obtaining a document production order, all of which set important precedents for litigation in the DIFC Court ...

DUBAI - Sunday, 6 May 2018 - Afridi & Angell recently advised Al Kabeer Group, one of the leading frozen food players in the GCC with operations across the Kingdom of Saudi Arabia, United Arab Emirates, Sultanate of Oman and Kingdom of Bahrain, on the AED600 million sale of 51% of its shares to Savola Group, a Saudi publicly listed joint stock company. Savola Group was represented by Linklaters ...

Afridi & Angell recently advised Sharjah Islamic Bank (SIB) and Sharjah Cement and Industrial Development Co. PJSC (SCID) in connection with convertible Sukuk, both of which were issued to the Sharjah Social Security Fund (the Fund). SIB Convertible Sukuk-Al Wakala Afridi & Angell advised SIB in connection with the issuance of AED 266,805,000 Convertible Sukuk-Al Wakala certificates to the Fund and the subsequent conversion of the Sukuk certificates into the ordinary share capital of SIB ...