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About Dina

Dina Elshurafa is a senior associate in the Business and Regulatory Group in London. She concentrates on project and Islamic financings, with a focus on the oil and gas, petrochemical and power sectors.

Dina has particular experience in large multi-sourced oil and gas project financings in the Middle East and Europe. She has advised sponsors and developers as well as commercial banks, multi-lateral agencies, export credit agencies and Islamic financiers in project and international finance. She has worked on ground-breaking Islamic finance deals, including the Sadara Sukuk and Rabigh 2 Islamic financings and the PP11 Islamic refinancing. Dina also spent 10 months at Crédit Agricole CIB as a secondee legal counsel, working closely with the oil and gas, power and infrastructure, structured commodity finance and leveraged finance departments.

Experience

Recent Notable Matters

Farabi Petrochemicals Company — SAR 2.5 billion Islamic project financing of a petrochemicals complex in Yanbu, Saudi Arabia*

Turkish lead arrangers — refinancing of the 865 MW gas-fired combined-cycle power plant in Gebze, Turkey*

Solör Bioenergy Group — refinancing of NOK 650 million and SEK 950 million senior secured bonds and all existing bank debts for the bank’s Swedish and Norwegian subsidiaries*

Commercial lenders, Islamic financiers and the Export-Import Bank of the United States — refinancing of the Riyadh PP11 Independent Power Project in Saudi Arabia*

Saudi Aramco — $5.2 billion Petro Rabigh Phase 2 refinery and petrochemical expansion project in Saudi Arabia*

Allianz Renewable Energy Fund — acquisition of the Great Glemham solar park in Germany*

European Bank for Reconstruction and Development — trade facilitation program representation*

Lenders, including the commercial banks and the Export-Import Bank of the United States — $2.1 billion financing of Riyadh PP11, a greenfield gas-fired, 1,730 MW independent power project in Saudi Arabia*

Saudi Aramco and Dow Chemical Company — Sadara Project joint venture to build and operate a $20 billion world-scale integrated chemicals complex in Jubail Industrial City, Saudi Arabia*

* Work completed prior to Bracewell

Publications and Speeches

“Total Loss in Islamic Project Finance – An End or a New Beginning?” Journal of International Banking and Financial Law, December 2015

Credentials

Education

The College of Law, London,
L.P.C.
2009
London School of Economics
2008

Bar Admissions

Solicitor of the Senior Courts of England and Wales

Languages

English
Arabic
Intermediate French

News

News

COVID-19: Strange Times, Familiar Principles

April 22, 2020
Islamic Finance News

Insights

Insights

Are the financial markets ready to weather the COVID-19 Storm?

April 6, 2020
Energy Legal Blog®

The current COVID-19 pandemic is causing significant concern in the financial markets, reviving memories of the 2008 financial crisis. The sudden and almost complete shutdown of many non-essential businesses due to the mandatory ‘social distancing’ requirements...