International law firm Trowers & Hamlins acted as English counsel to First Abu Dhabi Bank PJSC (FAB) on a loan facility granted to Vodafone Oman, a telecommunications company established through a strategic partnership between Oman Future Telecommunications Company and Vodafone Group.
The financing from FAB plays a key role in enabling Vodafone Oman to achieve its intended capital expenditure programme, with the facility proceeds directed towards initiatives that drive strategic growth and support its broader business objectives.
Trowers advised FAB on all aspects of the transaction, including the drafting, negotiation and finalisation of the finance documents with Vodafone Oman and its shareholders.
The team was led by Elias Moubarak, Partner and Head of Debt Finance – UAE, and Nicol Ong, International Banking and Finance Partner in the Malaysia office, with support from Associates Rashi Jain, Skylar Yeo and Trainee Solicitors Fatma Al Mataani and Alexandra Hill.
Elias Moubarak, Partner and Head of Debt Finance – UAE, said:
"We are pleased to have supported FAB on this significant financing transaction. Our long-standing relationship with the bank reflects our deep understanding of their commercial objectives, and we are proud to have played a role in facilitating Vodafone Oman’s growth ambitions. This facility marks an important step for Vodafone Oman as it continues to develop its infrastructure and expand its presence in the region."
Ahmed Al Shuaili, Chief Financial Officer at Vodafone Oman remarked:
"Securing this important financing facility with First Abu Dhabi Bank reflects the confidence our partners have in Vodafone Oman’s long-term growth strategy. This funding will allow us to keep pushing the boundaries - investing in next-generation infrastructure, expanding our service offerings, and exploring intelligent technologies that elevate the way we operate. This is about more than growth; it’s about shaping a future that’s smarter, faster, and built around our customers.”
