Mustafa Darwich is an associate in the Dubai office and a member of the Finance Department, with experience in cross-border syndicated and secured financings.

He advises leading international investment and commercial banks, financial sponsors, and large corporates on a variety of conventional and Islamic banking and finance transactions worldwide. Mustafa also has experience in advising CoComs and large corporates / government entities in respect of restructurings in the Middle East.

Mustafa previously worked as an associate at a Magic Circle firm based in Dubai.

Mustafa’s notable recent experience includes advising:

  • On the joint venture and build-transfer-operate (BTO) arrangements for the development of three hyperscale data centers
  • Tabby on its US$700 million in-debt financing by way of receivables securitization from J.P. Morgan, which earned the 2024 IFLR “Middle East Award Impact Deal of the Year”
  • A UAE-based technology company in relation to a secured conventional facility provided to it by a private credit provider based in the US
  • The financiers with respect to the refinancing of existing indebtedness of Merex Investment Group LLC, a joint venture between Dubai Holding and Brookfield Asset Management, comprising conventional and Islamic facilities
  • Brookfield Private Capital in connection with the financing of its acquisition of a majority stake in Magnati, a payments business owned by First Abu Dhabi Bank
  • An international bank in connection with a murabaha facility agreement with a Malaysian company*
  • The mandated lead arrangers in relation to a US$200 million revolving credit facility for FIVE Holdings (BVI) Limited in conjunction with its debut bond offering
  • A Saudi Arabian technology company in relation to a secured Islamic facility provided to it by a private credit provider based in the US
  • e& in connection with several of its banking transactions
  • erad, a Saudi-based alternative financing platform for SME’s, on a US$125 million credit facility, led by Jefferies
  • BRKZ, a Riyadh-based B2B platform that connects suppliers and contractors in the construction industry, on a US$30 million debt financing from Indian venture capital firm Stride Ventures
  • Tamara, a leading shopping and payments platform in Saudi Arabia and the wider Middle East:
    • In relation to the closing of a first-of-its-kind receivables warehouse facility of up to US$150 million from Goldman Sachs
    • On the asset-backed financing provided by Goldman Sachs in connection with Buy-Now-Pay-Later receivables originated in the KSA
  • Syarah Inventory for Commercial Services Company, a company based in Saudi Arabia in the car rental business, on Islamic financing
  • ICD Brookfield Place Limited, a mixed-use development JV, on the loan facility to finance its DIFC-based property
  • FlapKap BV on the senior and junior facilities FlapKap provided by Channel Capital Partners to finance eligible receivables underpinning their SME financing products in the GCC
  • Investcorp Capital on the revolving credit facilities provided by 21 international and local financial institutions
  • Huspy Holdings on the secured financing provided by Partners for Growth in connection with its expansion into the residential mortgage market in Spain

*Matter handled prior to joining Latham

Bar Qualification

  • England and Wales (Solicitor)

Education

  • LPC, BPP Law School
  • LLB, University of Birmingham