Greenberg Traurig’s Capital Markets Practice was recognized on May 20 across five winning Deals of the Year at the Islamic Finance News (IFN) Awards 2025.
The recognition highlights Greenberg Traurig’s involvement in several significant Islamic finance transactions, which were selected for their innovation, execution, and market impact. The IFN Awards are regarded as a key benchmark within the industry, and winners will be honored at a ceremony on Sept. 22 in Dubai.
Greenberg Traurig advised on multiple award-winning deals: Arada Developments’ $450 million Sukuk won both UAE Deal of the Year and Hybrid Deal of the Year; Kuwait International Bank’s $300 million Tier II Sukuk received Kuwait Deal of the Year and Regulatory Deal of the Year; and Kuwait Finance House’s $850 million Additional Tier 1 Sukuk was named Mudarabah Deal of the Year. The Dubai-based Capital Markets team leading these transactions included Shareholder Alex Roussos, Senior Associates James Osun-Sanmi and Sana Siddiqui, Associate Olga Efstathiou, Practice Group Attorney Katie Phillips, and Paralegal Oshin Maheshwari.
“Congratulations to the team on being recognized across five winning deals, undertaken in a relatively short period of time,” said Richard A. Rosenbaum, Executive Chairman of Greenberg Traurig. “Our strategy in the Middle East has been focused on bringing in experienced lateral partners on the ground, expanding our work in key industries, and becoming a key ally to regional and international clients alike. We are proud of all of our teams.”
Khalid A. Al-Thebity, Middle East Regional chair and managing shareholder of Greenberg Traurig’s Riyadh office said: “The IFN Awards are among the most coveted awards in the global Islamic finance industry. Our capital markets and finance teams played a pivotal role in advising on several of the key transactions in the market, demonstrating the strength and depth of our offering.”
Chadi Salloum and Shibeer Ahmed, co-managing shareholders for Dubai location said jointly: “We are incredibly proud of our team’s recognition across five Deals of the Year at the IFN Awards. This achievement is a testament to exceptional talent, dedication, and collaborative spirit… who work tirelessly to deliver outstanding results for our clients across region.” Roussos added: “We are very pleased to have been recognized by IFN for… advising on core deals across GCC… which reflects our leading position… We are proud to have supported our clients on these groundbreaking… deals.”
The firm launched its Middle East presence with offices in Riyadh and Dubai starting from 2023 before adding Abu Dhabi in 2025.
