United Arab Emirates: UAE Firm Habib Al Mulla Promotes New Partners
Last Updated: 22 February 2012

9 February 2012, Dubai - Habib Al Mulla & Company is pleased to announce the promotion of Mazen Boustany and Ghassan El Daye into the partnership with effect from 24 January 2012 bringing the firm's total number of partners to five in addition to Dr Habib Al Mulla, the firm's founder and executive chairman, and it's CEO Rob Morris who joined the firm in late 2011.

Mazen joined Habib Al Mulla & Company in 2007 as head of the banking and finance practice in Dubai. He advises on all areas of UAE banking and finance law, including Islamic Finance, across a variety of sectors.

Mazen is dually qualified as a lawyer and banking professional. He is a member of the Securities Industry Management Association (SIMA) and holds a CISI Level 3 Certificate in Investments and Securities, he is also a certified Basel III professional and a DIAC qualified arbitrator with full rights of audience before the DIFC courts.

Highlights of his work at Habib Al Mulla & Company to date include listing a takaful company on the Dubai Financial Market, structuring a one billion Dirham real estate financing project, structuring and drafting a sixty million US Dollar Islamic bridge financing transaction through a reverse commodity murabaha and structuring several private equity deals ranging from five million to fifty million US Dollars. Mazen is also involved in major legislative reforms at the UAE federal level.

Ghassan joined the firm's Dubai office in 2008 as a senior litigation lawyer and was appointed Head of the litigation team in Abu Dhabi in 2010. Ghassan has over 17 year's experience in litigation and arbitration and has represented clients in some of the region's most high profile, complex cases. Some of Ghassan's notable cases include a 2.6 billion Dirham litigation and arbitration case in Abu Dhabi, a case before the Dubai courts which set a precedent for the use of force majeur in contracts and another before the Dubai court which set a precedent on phishing within banking systems.  

Both Mazen and Ghassan will be responsible for the growth of their respective practices, reinforcing the strength of the firm and its clear strategic direction in key areas in Dubai and Abu Dhabi. The move is also testament to Mazen and Ghassan's expertise and commitment to Habib Al Mulla & Company and its clients.

About Habib Al Mulla & Company

Founded by Dr. Habib Al Mulla in 1984, Habib Al Mulla & Company is a leading UAE law firm with offices in Abu Dhabi and Dubai. The firm has a longstanding presence in the region and an intimate knowledge of the laws, business practices and culture of the UAE. For further information please visit www.habibalmulla.com

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Contact: Edana Schul, Head of Business Development & Marketing 
+971 4 4230000 Ext 007
edana.schul@habibalmulla.com  

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