Sakshi Puri

The 2025 Healthcare Odyssey

Welcome to the first edition of Law Update for 2025. As we begin this exciting year, we are pleased to turn our attention to one of the most dynamic sectors in the UAE and the broader GCC region – healthcare. Over the past several years, the region has seen unprecedented growth in this sector, driven by legislative advancements, technological innovations, and the increasing focus on sustainability and AI. As such, healthcare is set to be one of the most important sectors in the coming decade.

In this issue, we explore key themes that are significantly shaping the future of healthcare in the UAE, such as recent changes in foreign ownership laws. These reforms present a major opportunity for foreign investors, opening up new avenues for international collaborations and improving the overall healthcare infrastructure. The changes in ownership laws are an important milestone, and we provide an analysis of what this means for the industry and the various players involved.

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Sakshi Puri

Partner, Banking & Finance (UAE & Oman)

Biography

Sakshi Puri is a Partner in the Banking and Finance practice in Dubai and Muscat. Sakshi is also a member of the Education group.

Sakshi Puri is solicitor qualified in England & Wales and an advocate admitted in India. She has joined Al Tamimi in January, 2011 and since has been primarily involved with syndicated lending transactions for asset finance, acquisition finance and project finance (using conventional and Islamic structures), in addition to bilateral lending, trade finance transactions for Indian Banks and restructuring and refinancing transactions. She has developed expertise in Islamic Finance and has been involved in complex Islamic Finance transactions.

Sakshi has been named as a Next Generation Lawyer for Islamic Finance (UAE) by Legal 500.

Recent Experience

Acting for a syndicate of banks lead by Mashreqbank and Dubai Islamic Bank in relation to AED 1.2 billion Islamic (Istina and Forward Ijara) financing for construction of sixteen residential projects in Dubai by the leading local group of UAE.
Acting for a syndicate of banks lead by National Bank of Fujairah and Mashreqbank in relation to AED 560,000,000 financing for construction and development of new hospitals and expansion of existing hospitals in Abu Dhabi by a leading healthcare company in Abu Dhabi.
Acting for a syndicate of banks (Islamic & Conventional) lead by National Bank of Fujairah in relation to the AED 350,000,000 financing for the development of petrochemical/petroleum handling and processing terminal in Hamriyah Free zone which included a tranche of Islamic finance in the nature of an Istisna Forward Ijara transaction.
Acting for a syndicate of banks lead by National Bank of Fujairah and including Mashreqbank. Axis Bank Limited, Commercial Bank of Dubai and Habib Bank Limited in relation to AED 300 million financing for expansion of Malabar Jewellery Group in UAE, Oman, Qatar and Singapore.
Acting for the borrower in respect of USD 263 million and AED 870 million refinancing of existing facilities from a syndicate of conventional and Islamic banks lead by Mashreqbank, provided to group based in Ras Al Khaimah.
Acting for a syndicate of banks (Islamic & Conventional) lead by National Bank of Fujairah and including United Arab Bank and Al Hilal Bank in relation to AED 260 million financing for expansion of hospital in Abu Dhabi by Universal Hospitals, Abu Dhabi which included a tranche of Islamic finance in the nature of an Ijarah.