Shiraz Khan

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

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Shiraz Khan

Partner, Head of Taxation

Biography

Shiraz is a UK qualified lawyer with over 20 years of international tax experience. Prior to joining Al Tamimi, he was the global head of tax at a leading multinational where he was responsible for the tax affairs in over 100 countries. He has also worked for a top international law firm in the UK and big 4 firms in both the UK and the Middle East.

Shiraz specialises in advising on international tax structuring and tax aspects of cross border M&A, private equity, structured finance, Islamic finance and real estate transactions. He has in-depth knowledge and expertise across all taxes including corporate tax, withholding taxes and VAT in a wide range of industry sectors. He has particular expertise in advising multinational corporations on structuring their investments and operations into the region and financial institutions, sovereign wealth funds, real estate investment companies, family offices and private equity groups based in the region on their international investments.

Shiraz regularly speaks at conferences and seminars on international tax issues and has been involved in advising governments on the drafting of tax laws.

Recent Experience

Tax advice for a global media group based in the Middle East in connection with their international operations across Europe, Middle East, Africa, America and Asia regions.
Structuring of various investments totaling USD1.5bn across Europe and the United States for a global real estate fund, including advising on tax efficient profit repatriation and exit as well as the tax considerations related to the financing structure.
Advised a private equity firm on a EUR2bn pan-European acquisition of a large engineering group including debt push-down at investment level.
Tax due diligence, structuring and sale and purchase documentation support for a Gulf bank in respect of an acquisition of a banking group in 13 countries across the Middle East and Asia.
Advised a sovereign wealth fund on various debt and equity investments into the United States.
Provided tax advice to a Shariah compliant bank based in the Gulf region in connection with the issue of a USD750m ijara backed sukuk.
Advised a regional retail organisation on the tax implications of expanding its operations in the Middle East.