Abdallah Maher

Partner, Riyadh

Biography

Overview

Abdallah Maher is a partner in our Global Mergers & Acquisitions Practice who sits in our Riyadh office.

Abdallah has experience in executing cross-border public and private M&A transactions in multiple sectors, including financial institutions, TMT and infrastructure projects. Abdallah's proven track-record of his successful executions of M&A transactions led him to being recognized as the 2023's 'Rising Star of the Year' by the IFLR.

In addition to his deep understanding of the regional legal systems, Abdallah is renowned for his business acumen and reconciliatory approach, which aided the successful completion of multiple complex M&A transactions.

Abdallah is fully bilingual and is dual-qualified.

Bars and Courts
New York
Egypt
Education
Master of Laws
Georgetown University
Bachelor of Laws
Cairo University
Languages
Arabic
English

Experience

Relevant experience includes advising:

The Emirate of Dubai on the carve-out of the Emirate's parking infrastructure raising AED 1.1 billion of debt and the listing of the company on the Dubai Financial Market, where the White & Case offices in Dubai and London acted for the underwriters.*

Oman Insurance Company (Sukoon) on its acquisition of a c. 93% stake in Arabian Scandinavian Insurance Company through an off-market bilateral deal under the special deal regime of the Dubai Financial Market (DFM).*

First Abu Dhabi Bank on the sale of FAB Properties, its property management arm, to Al Dar Properties PJSC.*

Sohar International Bank SAOG (Sohar International) on its merger with HSBC Bank Oman SAOG (HSBC Oman), whereby all assets and liabilities of HSBC Oman were transferred to Sohar International.*

The Founder of DAMAC Properties on his $599 million public tender offer for the acquisition of 100% of the share capital of DAMAC followed by a squeeze out of minorities and de-listing of DAMAC.*

First Abu Dhabi Bank PJSC on the carve-out and sale of a 60% stake in its payment business, Magnati, to Brookfield Business Partners L.P., with an implied valuation for Magnati of US$1.15 billion.*

First Abu Dhabi Bank on its proposed acquisition of EFG Hermes, the leading regional investment bank.*

Solutions by stc on its acquisition of Giza Systems SAE, an Egypt-headquartered systems integrator with operations in more than ten jurisdictions and a client base spanning 25 jurisdictions.*

The Emirate of Dubai on the carve-out of the Emirate's tolling system (Salik) into a public joint stock company, raising AED 4 billion of debt and the listing of the company on the Dubai Financial Market.*

Invest Bank P.S.C. on its capital restructuring plan, which included the provision of a guarantee worth AED 3 billion by the government of Sharjah for a certain loan and asset portfolio, a step that is the first of its kind in the UAE.*

Saudi National Bank on the sale of its credit cards business in the UAE.*

First Abu Dhabi Bank on its US$660 million acquisition of 100% of the share capital of Bank Audi SAE, Bank Audi's subsidiary in Egypt, in addition to the outstanding shareholders' debt.*

Development Partners International (DPI)'s formation, alongside CDC, of Zanzibar Pharma and led the team that advised on the platform's acquisition of Celon Laboratories of India.*

A regional sovereign wealth fund on the primary issuance and private placement of shares in, and the subsequent listing of, AD Ports Group PJSC.*

Bank ABC on its acquisition of all the shares of BLOM BANK Egypt from BLOM BANK for c. US$427 million.*

The sale of Nas Neuron Health Services, the UAE's largest provider of third-party medical claim administration services, to Cigna.*

Saudi Telecom Company (STC) on its proposed acquisition of Vodafone Egypt SAE.*

Noor Bank in relation to the 100% acquisition of Noor Bank by Dubai Islamic Bank.*

Tristar Transport LLC on all corporate aspects of the corporate reorganization which it conducted in anticipation of an intended IPO.*

Bahraini consortium (comprising Arcapita and Mumtalakat) on the merger of Nas United and Neuron LLC, creating the largest UAE provider of third-party medical claim administration services.*

Gulf Finance House on its acquisition of a majority stake in the largest payment solutions provider in the UAE.*

Warburg Pincus and General Atlantic on UAE law aspects of the IPO of Network International. The IPO is London's biggest IPO of 2019 with the IPO price giving the company a market value of £2.18 billion. As part of the IPO, Mastercard made a $300 million cornerstone investment in the IPO and Network International and Mastercard additionally entered into a strategic partnership to support and accelerate the development of electronic payments in Africa and the Middle East.*

Avivo Healthcare Group on all corporate aspects of the corporate reorganization which it conducted in anticipation of an intended IPO.*

Danone on the sale of its stake in Al Safi Danone to the National Agricultural Development Company.*

Gulf Capital on the acquisition of a majority stake in Geidea, the leading payment solutions business in Saudi Arabia.*

Tunisie Telecom on its acquisition of a 65.4% stake in GO.*

Shree Cement Limited on the AED 1 billion take-private of Union Cement Company.*

Regional Telecom Company and VTEL Group on the proposed sale of Newroz Telecom, the largest mobile network operator in the Kurdistan Region.*

First Gulf Bank on its merger with National Bank of Abu Dhabi creating the largest bank in the MENA region with $175 billion of assets and a combined market capitalisation of approximately $29.1 billion.*

Ajinomoto, Japan's largest food company, on the US$532 million acquisition, by way of auction, of a 33.3% stake in Promasidor, the sub-Saharan African food producer.*

Saudi Electricity Company on the execution of a government mandate to restructure a number of its core assets.*

Saudi Aramco on a joint venture with Lanxess to establish a EUR2.75 billion producer of synthetic rubber.*

Mubadala and Tabreed on their joint venture in respect of Al Maryah Island district cooling project.*

A group of investors led by Mohammed Al Abbar, chairman of Emaar Properties, on the Saudi law aspects of the acquisition of a controlling stake valued at US$1.7 billion in the Kuwait-based Americana Group from Al Kharafi Family.*

BAE Systems on the reorganisation of its portfolio of interests in multiple industrial companies in KSA.*

Kuwait Finance House on its cross-border acquisition of Ahli United Bank in Bahrain, the first acquisition by way of a share swap between two different jurisdictions in the region.*

The Kuwait Capital Market Authority on the application to join the International Organisation of Securities Commissions.*

Société Générale Bank on the US$2.55 billion sale of NSGB Bank to Qatar National Bank.*

International Finance Corporation on its equity and debt investment in the holding company of El Shorouk Press, the largest private publisher in Egypt.*

Nestle on the disposal of its chilled-dairy business to Lactalis.*

Nokia Siemens on the acquisition of Motorola Solution's Networks' assets.*

Yahoo! on the Egyptian aspects of the acquisition of Maktoob.com.*

*Experience before joining White & Case.

Awards and Recognition

"Rising Star of the Year" - IFLR 2023