Arsalan Tariq
Partner arsalan.tariq@bsalaw.comNews
- Published: March 13, 2026
- Title: BSA LAW Acts for United Development F.Z.E on GBP 30 Million Share Subscription Facility with GEM Global Yield
- Practice: Banking and Finance
- Authors: Arsalan Tariq, Nil Ayanlar
BSA LAW’s Banking & Finance team, including Arsalan Tariq and Nil Acar Ayanlar, advised United Development F.Z.E. (“United Development” or the “Company”), a Dubai-based transportation and logistics operator delivering integrated solutions across complex and emerging markets, in connection with a Share Subscription Facility Agreement with GEM Global Yield LLC SCS (“GEM”), an alternative investment group with approximately USD 3.4 billion in assets focused on emerging markets.
Under the agreement, United Development will have access to up to GBP 30 million through a share subscription facility, which may be drawn down over time following the Company’s planned public listing on a non-US exchange. The facility is intended to provide flexible growth capital to support the expansion of the Company’s infrastructure, fleet capacity and operational capabilities across its key markets.
BSA LAW advised United Development on the negotiation and execution of the Share Subscription Facility Agreement with GEM.

