The new office in Dubai will be Loyens & Loeff’s 18th office and will be situated in the Dubai International Financial Centre (DIFC). The DIFC is the bustling financial centre of the Middle East that houses hundreds of banks, financial organisations and other service providers.
Dubai is rapidly turning into one of the most important financial centres of the world, largely helped by the ever-increasing oil and gas revenues from the Middle East. The size of these investments in the region and their spread, as well as the continuing increase in activities by other European companies in the Gulf region, offer good prospects for Loyens & Loeff to make its name in this area. Aside from providing advice in the more traditional areas such as mergers, acquisitions and financing, office staff in the new office will also advise on investment protection, private equity and European investment funds and real estate funds. In the preliminary phase, many new clients have already received advice locally.