The new office is set to open in late April and will be headed up by CC finance partner Richard Ernest, who is currently based in the magic circle firm’s
Ernest will initially be supported by three of the firm’s
While CC has yet to decide on premises for the new office, the firm plans to eventually move its
The City giant has had a presence in the UAE for more than 30 years, having opened its
The firm has advised on a number of major deals in the region in recent times, including the $1.4bn (£720m) acquisition of Egyptian Fertilisers Company by Abraaj Capital – the largest private equity deal seen to date in the Middle East and north African region.
CC’s managing partner for the Gulf, Graham Lovett, said moves to open in Abu Dhabi reflected a growing demand from clients and underlined the big four UK law firm’s commitment to the region.
He commented: “We are looking to bring new resource into
The news comes with a number of major international firms stepping up their efforts in the Gulf region, with this month seeing Freshfields Bruckhaus Deringer relocating former City finance chief Bob Charlton to Dubai and New York's Dewey & LeBoeuf making its debut in the emirate after a raid on US rival Akin Gump Strauss Hauer & Feld.
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