Abdulwahid Alulama

Partner, Abu Dhabi, Dubai

Biography

Abdulwahid Alulama advises clients, predominantly operating in the Middle East and North Africa, regarding mergers and acquisitions and a range of corporate matters.

Overview

Abdulwahid is a UAE citizen and a partner in our Corporate and M&A practice.

Abdulwahid supports clients with mergers and acquisitions and a broad spectrum of corporate matters. Based in the Firm's UAE offices, he helps both domestic and international clients to achieve their business objectives, primarily within markets in the Middle East and North Africa.

His practice is focused on cross-border transactions, initial public offerings, corporate governance and commercial deals. He also offers clients the benefit of his significant track record in such varied areas as financial regulation, debt capital markets, banking and finance, project finance, real estate and litigation. He is also an active arbitrator under both the ICC and Dubai International Arbitration Center Rules. This unusual breadth of experience enables Abdulwahid to provide comprehensive legal advice across many of the Firm's core practice areas.

Before joining White & Case in 2012, he was a partner of the largest local UAE law firm in Dubai, and a former managing partner of their associated Qatar office. He was also the Group Chief Legal Officer of Dubai World, a prominent and active Dubai-based sovereign wealth fund. On the industry side, Abdulwahid has been involved in a number of senior strategic commercial roles in the retail, natural resources and finance sectors.

This wide-ranging legal and commercial experience has given Abdulwahid a thorough grasp of the business environment within the United Arab Emirates, and has earned him a reputation as a trusted advisor within the local business community.

Bars and Courts
Registered with UAE Ministry of Justice
Education
LLB
UAE University
LLM
Maritime and International Trade
University College London
Languages
Arabic
English

Experience

Representative transactions include advising:

International Holding Company, and ADX listed company, on its business merger with PAL Cooling.

Emirates Investment Authority on its AED2.3bn acquisition of a 10% stake held by Mubadala Development Company in Emirates Integrated Telecommunications Company (Du), structured as an off-market trade on the Dubai Financial Market.

United Arab Shipping Company (UASC), the Dubai-headquartered container shipping business, and its majority shareholders Qatar Holding and Public Investment Fund of Saudi Arabia on its announced multi-billion dollar merger with German shipping company Hapag-Lloyd, one of the largest M&A deals ever in the MENA region.

The heirs of Abdul Latif Ibrahim Galadari in connection with their buyout of the remaining shareholders (the Investment Corporation of Dubai and the heirs of Abdul Rahim Ibrahim Galadari) in the Galadari Brothers group.

The Kuwait Food Company (Americana Group) on its divestment of shares in Gulfa Water (a manufacturer of bottled water products in the UAE) to private Emirati investors as an off-market exchange on the Dubai Financial Market.

Etisalat and Noor Bank on the launch of a Dirham-denominated digital payment services company in the UAE and regulated by the UAE Central Bank.

Emirates NBD Capital Limited and EFG-Hermes UAE Limited on the initial public offering of shares of ENBD REIT (CEIC) Limited (ENBD REIT) and its listing on Nasdaq Dubai. ENBD REIT.

Etisalat in connection with the implementation of Federal Decree by Law No. 3 and the subsequent changes to its constitutional documents and ownership structure to permit foreign ownership.

CSEH Investment LLC (a subsidiary of the KBBO Group) in its strategic expansion of its healthcare portfolio companies via strategic investments and joint ventures in major clinics and healthcare institutions across the Middle East, the USA and the European Union.

The Joint lead managers on the US$350 million IPO of Amanat Holdings on the Dubai Financial Market.

Boeing Corporation in relation to its establishment of a joint venture industrial trading operation in the UAE in partnership with ADASI.

An Abu Dhabi based Sovereign Wealth Fund on the establishing decree and Articles of Association of a major public joint stock company in the UAE.

Invest AD (formerly Abu Dhabi Investment Company) on all regulatory aspects of its application for an investment manager licence under the new SCA rules.

Metal One Corporation in its subscription to a share capital increase in Iteco Middle East FZCO (a JAFZA company and a global steel pipe trading company based in the United Arab Emirates) and subsequent acquisition of an equity stake in the company from existing shareholders to form a UAE-Japanese industrial company with international trading operations in the steel pipe sector.

Theodor Wille Intertrade AG. in connection with the proposed purchase of Safar Oilfield Services.

One of the UAE's largest conglomerates in its acquisition of a major office furniture supplier in the UAE, Oman and Iraq.

A group of lenders banks in connection with legal aspects arising out of the proposed merger between Sorouh Real Estate and Aldar Properties.

TECOM Investments FZ LLC in the preparation of a full suite of standard form commercial agreements between Global Village and third party operators at the Global Village annual event.