Joe Riches

Senior Associate

Joe has extensive experience in a wide range of finance transactions covering both conventional and Islamic finance, with a focus on real estate finance, corporate finance, acquisition financing and sovereign debt.
He advises lenders (both senior and mezzanine) and borrowers and has a particular expertise in multi-jurisdictional finance transactions.


Representative matters

The syndicate of lenders on an AED17bn conventional and Islamic financing to Nakheel PJSC which was secured against a portfolio of properties located in Dubai.

A group of regional lenders on USD1.5bn syndicated dual tranche (Islamic and Conventional) financing to Aluminium Bahrain. Subsequently also advised on its refinancing. This was one of the first sustainability-linked financings in the region. 

The lenders in connection with a USD350m conventional financing of Tabby, the buy-now-pay-later firm. 

Dubai Taxis Corporation in connection with an AED1.2bn Islamic murabaha facilities agreement for the purposes of its listing. 

Pro bono

Advised families of their right to a disability living allowance in the United Kingdom on behalf of the National Deaf Childrens' Society.

Assists Maternity Action with advising individuals with respect to their maternity rights during employment.

Leadership Positions And Professional Affiliations

  • Member, Solicitors' Regulatory Authority
Allen Overy Shearman Sterling LLP (practising in the Emirate of Dubai as “Allen & Overy RLLP” pending the registration completion of the new name with the relevant UAE local authorities) is a limited liability partnership registered in England and Wales with registered number OC306763.
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.