stating the company was recognised for its BVI office’s - TopicsExpress

stating the company was recognised for its BVI office’s involvement in the Mostorod Oil Refinery Project, named ‘Project Finance Deal of the Year’ by the International Financial Law Review’s (IFLR) Middle East Awards. Conyers Dill & Pearman acted for Citadel Capital, a listed Egyptian private equity firm, on the US$3.7 billion financing for the redevelopment of an oil refinery near Cairo. The deal was the largest-ever financing project in Africa and among the largest inward-investments into Egypt; resulting in the firm’s IFLR award. Commenting on the present BVI-Middle East relationship, Ms. Donovan said, “We were given a very warm welcome on our return to the United Arab Emirates and it is clear that many investors from across the region recognise the advantages of using BVI structures and services for conducting international business.”

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