Al Busaidy Mansoor Jamal & Co

Oman

IFLR1000 Reviews

Financial and corporate

Omani firm Al Busaidy Mansoor Jamal & Co was established almost 40 years ago. It currently operates out of an office in Muscat. 

  

Focusses / specialisms 

The firm is a leading Omani domestic law firm, it offers experience and high-quality advice and service, and, has excellent knowledge of the Oman’s law and regulations and how the country operates. 

The firm generally has a local counsel role on a good share of the market’s most significant financial and corporate deals in both the public and the private sector. Banking, capital markets, M&A and project finance are all areas of expertise. 

  

Key clients 

The firm’s notable clients include the Acme Solar Holdings, Ad-Dhahirah Generating Co, Ahli Bank, Government of Oman, Franks International ME, Habib Bank, Bank Muscat, JP Morgan, Muscat Bourse, ACWA, OHI Group of Companies and Doosan Heavy Industries, to name a few. 

  

Research period review: 33rd edition (2023/2024) 

In banking the firm was active for both borrowers and lenders on several of the country’s large projects, acquisition, corporate and asset financing and refinancing mandates, but also worked across the full spectrum of lending work. The firm continued to demonstrate its strong expertise in Islamic finance during the research period. 

In capital markets the firm was involved in IPO work, as well as a plethora of issuances of Islamic and conventional debt instruments. 

The firm’s M&A team acted on the buy and sell side of several impactful acquisitions, predominantly asset, real estate and private acquisitions. The team also advised on mergers, divestitures and joint ventures. 

The firm was also active in the country’s restructuring and insolvency space where it typically represented distressed and transforming businesses. 

In project development the firm advised mainly on energy projects. The firm also worked on real estate and utilities projects. 

  

Deal Highlights: 33rd edition (2023/2024) 

Americana Restaurants ADX and Tadawul IPO 

Duqm Refinery and Petrochemical Industries $278.6million financing 

Gulf Drilling and Intelligent Driller $ 40.6million financing 

Jindal Shadeed Iron and Steel $ 500 million refinancing 

National Bank of Oman $134million bond issue 

National Life & General Insurance Company $139.76 million financing 

Oman Tech Infrastructure $260 million financing 

OQ Trading $789.47 million financing 

  

Client feedback: 33rd edition (2023/2024) 

Banking 

“Knowledgeable in all areas of banking, especially Islamic finance and structure, they have a fast turnaround time and are detail orientated.” 

 

Capital markets: Equity 

They are a strong team – quick turnover, comprehensive 360 degrees coverage on the topic, and out-of-the-box thinking.” 

They provide very short turnaround time with appropriate levels of review with well-rounded experts on each issue. Very approachable. Excellent regulatory, business and market understanding allow them to consistently provide the right advice. They are proactive in sharing pertinent legal changes that impact our business. They have a clear USP of superior client service. – a 'client first' policy without compromising their own ethos.” 

 

Capital markets: Structured finance and securitisation 

“AMJ are always very helpful and available. The provide advice with details and supporting arguments.” 

 

Financial services regulatory 

“They are the best legal firm in terms of corporate governance matters. Every time we approach them seeking advice related to corporate governance we receive in good time high levels of advice, including on designing internal policies and procedures, which is rarely found in Oman.” 

 

Insolvency 

“They are attentive to client needs, with well-researched knowledge on liquidation and other commercial laws.” 

 

M&A 

“Quick in their response. Very practical approach. They find solutions for every difficult problem.” 

“Professional, knowledgeable and prompt.” 

“The proposed deal was to be closed in a very tight timeline. AMJ was instrumental in finalising the loan document in a timely manner to enable us to close the deal. AMJ assisted us throughout our journey on the deal.” 

They have the Omani experience, expertise, and market knowledge.” 

“Al Busaidy is a pioneer in the Omani market. They understand transactions well and understand deal dynamics. They are responsive and reliable. “ 

“The documents received from AMJ are among the best we have seen in Oman. During our discussions, the advice received is meaningful and practical, reflecting their strong experience.” 

 

Private equity 

“Extremely supportive of the client, always willing to go the extra mile in service delivery, they are a knowledgeable team and very diligent in their work.” 

 

Project development: Energy 

They are very responsive, and always provide clear and concise advice to the highest standard. They also really know the market and the core sectors of energy and utilities.” 

 

Project development: Infrastructure 

Accumulated experience – and responsible advice based thereon – of case law and regulators, working rules in the sector in this jurisdiction.” 

“They helped us in understanding the implications of the local regulations on the project.” 

“They offer professionalism, credibility, efficiency, commitment and transparency.” 

 

Project finance 

Their legal opinion is always sharp and prompt, with accessibility to senior partner and attention to legal detail.” 

“They offer prompt response, logical view and interpretation of the laws and the agreement clauses.” 

“Good understanding of English laws as well as Omani laws.” 

“They are well versed in local law requirements and corporate culture in Oman. They are also fully aware of project financing compliance requirements.” 

“Knowledgeable. Good turnaround time. Meticulous.” 

 

Ahmed Al Busaidy 

“Ahmed has a very high knowledge of commercial companies law and capital markets law.” 

“Helpful/cooperative attitude, local law knowledge, experience in managing events.” 

 

Armughan Ashfaq 

“Prompt, courteous and knowledgeable.” 

“Strong knowledge and prompt response.” 

“He is very friendly and has a positive attitude. He provides very detailed analysis for any matter and the related supporting articles.” 

“Very knowledgeable on both local and international law and best practices. In-depth capital market and business knowledge. Immediate responsiveness despite heavy workload. Very approachable and great communication skills. Balanced advice with respect to protecting the business and the individual requesting advice.” 

“Good communication skills. Helpful and cooperative attitude. Legal knowledge. Provides professional services in timely manner.” 

“Dedicated, well versed and learned with local laws.” 

Armughan has excellent knowledge on corporate governance matters.” 

“Knowledge and client relationship management.” 

 

Mansoor Jamal Malik 

“Listens and responds sensibly.” 

“He provides clear advice based on deep knowledge and wide experience in the business sector.” 

“Mansoor knows the market like the back of his hand. He is our 'go to' lawyer for all Omani projects work.” 

“He is a market leader, with broad experience of major M&A transactions in the market and the local contacts required to get a transaction done.” 

“Mansoor is very accessible, commercially astute and valuable.” 

Mr Mansoor is an expert in his field and his explanations are very good. He has sound understanding of the regulations of Oman.” 

 

Zarrar Mir 

“Very knowledgeable and detail-oriented with an optimistic attitude.” 

“Knowledgeable, good turnaround time, meticulous, friendly and optimistic.” 

“A rising star. Extremely clear communication of complex issues and highly responsive.” 

 

Ardeshir Patel 

“Adi has been always helpful and would come up with creative solutions to various challenges that we face during the transaction.” 

 

Marcus Pery 

“Marcus has excellent knowledge of the Omani legal framework. He is receptive to suggestions and ideas and is available all the time for discussions and offers solutions.” 

“He has a problem-solving approach and suggests workable solutions.” 

 

Ravinder Singh 

“Ravinder is good in terms of explaining the law and its impact. Additionally, he is also a good professional who is always available to help.” 

“Ravinder understands clients' needs, has the knowledge and works at maintaining client relationships.”