Menu Sectors
Project Finance Copying and distributing are prohibited without permission of the publisher

Gide pulls out of GCC

08 November 2010

Gide Loyrette Nouel opened its Dubai and Abu Dhabi offices in March 2009 to a fanfare. Gide observed at the time: “The simultaneous opening of [the] offices further strengthens the firm’s expansive network in the MENA region.” The theory was sound but, just 18 months later, Gide has pulled out of Abu Dhabi, Dubai and also Riyadh (where it had been for over 20 years). This not only ends its presence in the UAE and Saudi Arabia but, significantly, made it the first internationally-recognised firm to withdraw from the region completely.

“We took the decision to open in the Middle East before the financial crisis,” remarks Gide’s senior partner Pierre Raoul-Duval. “The original idea was to follow our French clients and French investments into the region, with particularly focus on the big projects, financial and construction matters. By the time we finally opened it was early...


Latest Deals Database updates

Kuala-Lumpur-Singapore High-Speed Rail PPP Project Update date 22/04/2014
Sector Transport > High-speed rail
Country Asia > Malaysia
Total Debt Loan Amount
Status Financial advisor mandated
Perth Stadium PPP project Update date 22/04/2014
Sector Leisure/Stadia > Stadia
Country Asia Pacific > Australia
Total Debt Loan Amount
Status Preferred bidder
IJmond Sea Lock PPP Update date 22/04/2014
Sector Transport > Port
Country Europe - EU > Netherlands
Total Debt Loan Amount
Status Tender launched
Change font size: Switch to default font size Switch to medium font size Switch to large font size