Divya Abrol Gambhir

Sustainable Horizons: The Saudi Arabian Vision

We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.

For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.

There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.

Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.

Read the full edition

The leading law firm in the Middle East & North Africa region.

Divya Abrol Gambhir

Partner

Biography

Divya Abrol Gambhir is part of Al Tamimi & Company’s Banking and Finance Department and heads the Firm’s financial regulatory and securities practice in the UAE. She is an Indian national. She worked with a leading Indian solicitor Firm, working both in the Corporate/Commercial and the Banking & Finance departments. She has also worked with ICICI Bank Ltd. as Manager, Legal in their Corporate Banking Department.

Divya has extensive experience in specialised areas such as the Regulatory Practice, Private Banking, Structured Finance, Capital Markets including Debt Capital Markets in addition to general corporate banking and advisory. She regularly advises on matters relating to licensing of financial institutions and the provision of financial services in the UAE and the DIFC; Banking M&A and restructuring; Conduct of business, compliance and AML matters and on FinTech matters. She has in depth knowledge of the private banking industry and frequently acts for financial institutions in the GCC, Europe and Far East in connection with complex private banking products and structures especially securities holding structures.

In 2005, she was seconded by the Firm to the Dubai International Financial Exchange Ltd (now called Nasdaq Dubai), where she was involved in the legal aspects of setting up the stock exchange including trading, clearing, settlement, membership etc.

Recent Experience

Acting for one of the world’s largest diamantaires, in connection with a unique diamond securitization involving the issuance of secured notes, secured by inventories located in 20 countries worldwide. Our scope was to act as UAE counsel in connection with securing receivables originating in the UAE and with their sale on a cross border basis.
Acting for Bank of Singapore in relation to the transfer of their business operations to the Dubai International Financial Center and obtaining their license from the Dubai Financial Services Authority. Additionally, acting as UAE counsel in relation to Bank of Singapore’s acquisition of Barclay’s wealth and investment business in Singapore and Hong Kong.
Acting for Lloyds Bank in relation to the sale of its UAE Central Bank regulated portfolio to HSBC.
Advising a global provider of payment services on transfer of its business operations into the UAE.