Eyad F. Latif

  • Counsel
  • Eeyad.latif@lw.com
  • Dubai International Financial Centre
  • ICD Brookfield Place, Level 16
  • P.O. Box 506698
  • Dubai, United Arab Emirates
  • T +971.4.704.6318
  •  
 

Profile

Eyad Latif is counsel in the Dubai office of Latham & Watkins, where he is a member of the Corporate Department and Mergers & Acquisitions and Emerging Companies Practices. Mr. Latif represents regional and international clients in a wide variety of corporate transactions in the areas of mergers and acquisitions, venture capital, emerging companies, private equity, and general corporate matters. He has represented numerous public companies and private equity firms in transactions involving Middle East and international companies across a wide range of industries, including energy, healthcare, education, commodities, and manufacturing. He has previously worked in the firm's New York and San Francisco offices.

Mr. Latif received his law degree from the University of California, Berkeley School of Law (Boalt Hall), where he received the American Jurisprudence Award in Islamic Law and co-founded the Berkeley Journal of Middle Eastern & Islamic Law. Mr. Latif is a native Arabic speaker.

Experience

Mr. Latif’s experience includes advising:

  • Abu Dhabi Health Services Company (SEHA), the owner and operator of public hospitals in Abu Dhabi, in connection with a joint venture with Mayo Clinic for the development of the US$1 billion Sheikh Shakhbout Medical City project and establishment of the 4th Mayo Clinic campus and first Mayo Clinic campus outside of the United States
  • Careem shareholders in connection with the US$3.1 billion sale of Careem to Uber
  • Mohamed Alabbar and the Public Investment Fund in connection with their US$1 billion joint venture to establish the Noon.com e-commerce platform
  • Standard Chartered in (i) the Series A financing for Souq.com, the Middle East’s largest online marketplace and (ii) the sale of Souq.com to Amazon
  • Saudi Technology Ventures (STV) (i) as lead investor on the Series A financing for Unifonic, (ii) as co-investor with Kingdom Holdings, Al Tayyar Group, and Rakuten, on the US$200 million Series F financing for Careem, (iii) as co-investor with Google Ventures, on the Series A financing for Firefly, (iv) as lead investor on the Series C financing and co-lead investor with Gulf Capital on the Series D financing, for Vezeeta, (v) as lead investor, on the Series A financing for TruKKer, (vi) as lead investor, on the Series A financing for Mrsool, (vii) as lead investor, on the Series A financing for Noon Academy, and (viii) as co-investor with VentureSouq, on the Series A financing for Telfaz11
  • BECO Capital (i) as co-investor with General Atlantic, on the US$120 million Series B financing for Propertyfinder, (ii) as lead investor, on the Series A financing for Wahed Invest, (iii) as co-lead investor with 4DX Ventures, on the Series Seed financing for MaxAB, (iv) as lead investor, on the Series A financing for Swvl, (v) as lead investor, on the Series A financing for Proximie, (vi) as lead investor, on the Series A financing for Marti, and (vii) as lead investor, on the Series Seed financing for Aingel
  • Swvl, a Cairo-based transportation platform, on its (i) Series B financing led by BECO Capital, DiGAME, and Silicon Badia, (ii) Series C financing led by Vostok Ventures and BECO Capital, and (iii) Series C-1 financing led by BECO Capital, Vostok Ventures, and Blu Stone Ventures
  • Kitopi, a UAE-based Kitchen as a Service (KaaS) platform, on its (i) Series Seed financing led by Crescent Enterprises and BECO Capital, (ii) Series A financing led by Crescent Enterprises and BECO Capital, and (iii) Series A-1 financing led by BECO Capital and Lumia Capital
  • Nana Direct, the leading online grocery delivery platform in the Middle East, on its Series B financing led by STV and Middle East Venture Partners
  • Bayzat, a UAE-based startup that provides insurance and HR solutions, on its Series B financing co-led by P72 Ventures and Mubadala Ventures
  • Sary, the leading on-demand wholesale marketplace in the Middle East, in connection with its Series A financing led by Raed Ventures and MSA Capital
  • Actavis plc in numerous matters, including the US$25 billion acquisition of Forest Laboratories and the US$8.5 billion acquisition of Warner Chilcott plc
  • Mubadala Development Company in the US$15 billion merger of DUBAL and EMAL, creating the fifth-largest global aluminum company
  • Watson Pharmaceuticals in its US$5.34 billion acquisition of Actavis, creating the third-largest global generic drug maker Onex Corporation and Baring Private Equity Asia in the US$3.55 billion acquisition of the Intellectual Property & Science business from Thomson Reuters
  • Repsol YPF in its US$1.304 billion sale of 10% of YPF to Groupo Petersen
  • Harbin Electric in its successful bid to act as EPC contractor for the US$1.8 billion Hassyan clean coal 3,000 MW power plant in Dubai
  • LS Power in (A) its acquisitions of (i) four power plants from NextEra Energy for US$1.05 billion and (ii) University Park and Wallingford power plants and interest in the Safe Harbor power plant from PPL Corporation for US$381 million and (B) the sale of its Bridgeport power plant to Capital Power for US$355 million
  • Advanced BioHealing in its US$750 million sale to Shire plc
  • General Exploration Partners in its US$600 million sale of its interest in the Atrush oil block in northern Iraq to Abu Dhabi National Energy Co. (TAQA)
  • P.T. Pertamina (Persero), the national oil company of Indonesia, in its acquisition of 10% a major oil-field development project in southern Iraq, the West Qurna-1 block
  • Waha Capital, a major UAE-based private equity firm, in its US$575 million monetization of a portion of its stake in AerCap, a major aviation leasing company, through an equity-linked derivative
  • The Carlyle Group in numerous acquisitions and divestitures, including its US$300 million acquisition of Redflex, an Australian-based traffic enforcement products company
  • Abu Dhabi Islamic Bank in its US$200 million acquisition of Barclays’ UAE retail banking business
  • BC Partners in numerous potential acquisitions and divestitures
  • Apollo Global Management in numerous potential acquisitions and divestitures
  • TA Associates in numerous potential acquisitions and divestitures
  • Baring Private Equity in numerous potential acquisitions and divestitures

Thought Leadership

  • How to Set Up a Fintech Business in the UAE – Part 2: Conducting Business in the UAE -  August 28, 2017
  • Doing Business in the UAE -  February 02, 2017
  • UAE Merger Control Update: Behold the Threshold -  September 29, 2016
  • UAE Ministry of Economy Clarifies How UAE CCL Applies to LLCs  -  August 22, 2016
  • UAE Merger Control Update: Implementing Regulations Now In Force -  February 2, 2015

“He understands both investor and founder perspectives and is able to give us great advice in a timely manner.” 

Chambers Global 2020
Bar Qualification
  • California
Education
  • JD, University of California, Berkeley, School of Law, 2008
  • BA in Political Science, University of California, Berkeley, 2005
Industries
  • Energy & Infrastructure
  • Healthcare & Life Sciences
  • Retail & Consumer Products
Languages
  • Arabic
  • English
Practices
  • Mergers & Acquisitions
  • Public Company Representation
  • Emerging Companies
  • Private Equity