Avocom Law Firm Llp advised Siraj Finance PJSC (SF), a private joint stock company
based in Abu Dhabi and regulated by the UAE Central Bank, in the negotiations for the
implementation of a project finance and the obtaining of a loan from the investment
company CITIC Holding IF Group LLC together with some institutional investors, 100
Million USD worth.
Avocom team includes Francesco del Bene as Lead Partner together with Ian C. Hughes,
a legal advisors. Co-advisor has been Coral International Commercial Agency of Abu
The negotiations aim to implement the China Union Pay Credit Cards project, whose
scope is a forwarding looking prospect to become one of the first Credit Card Issuer in the
region with the Union Pay International (UPI) network.
As an integral Partner to the dynamic payment landscape, SF – part of Trizac Holding
LLC (THL), which is an integral entity of the Al-Otaiba Group of Companies – intends to
create a niche in the payment industry that has an embedded technology readiness with
AI and Card less operations in a secured and economical payment mechanism. With
extended service-oriented propositions and loyalty bridged incentive programs, some of
the key projections would include the facilitation of UAE’s strategic priorities and roadmap
in the Smart Governance and Digitalized platform.


Avocom con Siraj Finance nel project financing per il progetto China Union Pay

© 2022 CITIC Holding IF Group LLC



Security Alert

SECURITY ALERT: Please be aware of bogus phone call, fraudulent SMS/IM messages and fraudulent website purportedly from Citic Holding IF Group Llc. Should you suspect any information leakage, please contact our staff at +1 302- 597-9001 or report to the Police immediately. To find out more, please read our Online Security tips herein.

This will close in 8 seconds

This website uses cookies and asks your personal data to enhance your browsing experience. We are committed to protecting your privacy and ensuring your data is handled in compliance with the General Data Protection Regulation (GDPR).