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Transport, Energy & Revolving Synergy
The final Law Update of 2022 is here, and it’s packed full of articles. The double edition features two focus areas, first is a spotlight on Energy and Resources and second we feature a collection of articles on Transport and Logistics. The developments occurring in these sectors in the MENA region are unprecedented and our lawyers cover vast themes for you.
The Energy and Resources focus features topics such as diversifying energy resources, solar PV, mining in the Middle East, renewable energy and green hydrogen. From a transport perspective, we draw attention to the Bahrain metro project, discuss the challenges and remedies associated with the repossession of an aircraft, and there is advice on what to consider should a party vary the terms of a shipping contract.
This edition navigates you through updates from across jurisdictions such as, Oman, Jordan, Saudi Arabia, Egypt, Iraq, Qatar, and the UAE. Each article is timely and provides insights into legal issues and cases that are affecting these sectors across the region.
Read the full edition
A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Biography
Maria Drenova is an Associate in the Banking and Finance practice in Dubai. Maria is a solicitor admitted in England and Wales as well as an advocate admitted in Greece.
Prior to joining Al Tamimi Maria worked at one of the leading law firms in Athens prior to joining the London office of a global law firm. In addition, Maria has a depth of knowledge of the construction sector having worked at one of the leading European and GCC construction companies, providing her with invaluable insight into the delivery of excellent client service.
Recent Experience
- Acting for a major GCC lender on the update of its template loan & security documentation.
- Acting for the borrower on its $35,000,000 uncommitted transactional trade finance facility. Responsible for reviewing the loan and security documentation.
- Advising foreign financial institutions on conduct of business guidelines on a cross border basis in the UAE.
- Acting for a major US financial institution on the purchase of a portfolio over US$850,000,000 of performing and non-performing shipping loans from a European lender. Responsible for conducting several aspects of the due diligence process and drafting the due diligence report.
- Assisting for on a series of facility agreements financing the acquisition of vessels. Responsible for drafting key transaction documentation.
- Assisting the largest U.S. based owner of Handymax dry bulk vessels on a number of sale and purchases of vessels.
- Reviewing tender and contractual documents for new construction projects in GCC, working with the commercial/technical department to identify and assess legal and commercial risks and propose risk mitigants.
Language(s)
- English
- Greek
- Albanian
Education
2010 – Bachelors of Law, University of Athens
2013 – M.Sc. in Banking and Finance Law, University of Piraeus
Admission
2017 – England & Wales, Solicitor
2012 – Piraeus Bar, Advocate
Practice(s)
Sector(s)
Insights
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