Firms To Watch: Commercial, corporate and M&A

Khalid Al-Thebity Law Firm In Affiliation With Squire Patton Boggs’ corporate practice is led by Khalid Al-Thebity  in Riyadh and handles multi-million-dollar joint ventures, acquisitions, and large restructurings. Alex Gross  advises on commercial contracts and Matthew Powell who joined from Shearman & Sterling in association with the Law Firm of Dr. Sultan Almasoud is the name for cross-border transactions.

Commercial, corporate and M&A in Saudi Arabia

Abdulaziz Alajlan & Partners

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited has an excellent track record handling high-value corporate transactions in the Kingdom and counts various leading companies in the energy sector as key clients. Karim Nassar leads the group from Riyadh and handles cross-border M&A work, joint ventures and regulatory advice. Core members of the group include Basel Barakat in Jeddah, Zahi Younes who leads the pharmaceutical and information technology group, and Nadine Nasser who advises French clients with their operations in Saudi Arabia. The group is frequently instructed by Saudi Arabian government agencies. Omar Iqbal focuses on cross-border acquisitions, restructurings and private equity transactions.

Practice head(s):

Karim Nassar

Other key lawyers:

Basel Barakat; Zahi Younes; Nadine Nasser; Omar Iqbal; David Monnier

Testimonials

The most experience and client-driven firm in the country. Their partners and associates have the extreme knowledge to provide support on all matters related to corporate, industry and litigation work. They are a diverse team with a collaborative mindset.’

Zahi Younes is an ethical and exceptional partner of the firm, with a client-driven mindset to help navigate all sorts of difficulties and challenges, practical and extremely diligent.’

Key clients

Red Sea Gateway Terminal Company Limited (RSGT)

Gulf Insurance Group K.S.C.P.

Dallah Healthcare Company

MiSK Foundation

Takween Advanced Industries Company

General Authority for Competition

SICO B.S.C.(C)

Al Inma Investment Company

Saudi Binladin Group Company

Al-Khabeer Capital Company

Work highlights

  • Advised Red Sea Gateway Terminal Company Limited (RSGT), Saudi Industrial Services Company, XenelIndustries and City Island Holding Limited, a wholly owned subsidiary of MMC Corporation Berhad and Saudi Trade and Export Development Company on their sale of 20% shares to COSCO SHIPPING Ports Limited and another 20% shares to PIF.
  • Advised Dallah Healthcare Company (DHC) on the sale and purchase of shares equal to 54.56% of Care Shield Holding Company (CSHC) from Kingdom Investment Development Company (KIDC).

Clyde & Co LLP

Clyde & Co LLP has a strong corporate practice in Riyadh, handling a significant roster of transactional work, restructurings, and financings. Abdulaziz Al Bosaily leads the group which has been elevated with the arrival of Ranjith Kumar who joined the ranks of the team from financial services company Finablr where he serves as Assistant Vice President. The team has demonstrable strength in the telecoms sector advising clients on corporate restructurings of subsidiaries. Alain Sfeir is recommended for corporate finance matters and capital markets transactions. New partner Rizwan Osman advises on cross-border transactions for oil and gas companies.

Practice head(s):

Abdulaziz Al-Bosaily

Other key lawyers:

Ranjith Kumar; Rizwan Osman; Alain Sfier;

Testimonials

‘They are forward thinking and very commercial in their approach. The team will also go above and beyond to meet client requirements.’

‘Rizwan Osman is extremely client-focused and commercial. He provides excellent advice and is a real team player. The team go the extra mile and have endless patience with non-Saudi lawyers.’

‘The team is great, very quick in responding, gives accurate advises, available for tele-cons, etc.‘

Key clients

MCO Saudi Arabia LLC (part of the Mitsubishi Group)

Middle East Communications Network FZ-LLC

SUBSEA 7

Work highlights

  • Advising Mitsubishi Heavy Industries Compressor Corporation and Mitsubishi Corporation in relation to the corporate restructuring of their Saudi entity, namely MCO Saudi Arabia LLC, in addition to providing full legal services for their operations in the Saudi market.
  • Assisting Middle East Communications Network FZ-LLC on the restructuring of its subsidiaries in Saudi, including the establishment of its fully owned media and advertisement entity and providing full advisory services in relation to the operations of its associated entities in the Saudi market.
  • Advised Subsea 7  to obtain an exemption from new licensing requirements.

Khoshaim & Associates

Khoshaim & Associates is active in joint ventures, corporate governance, and M&A transactions, with recent highlights including advising on a landmark merger between two leading banks in Saudi Arabia. Led by managing partner Zeyad Khoshaim and new partner Leen Zaza, the group has notable expertise in the oil and gas sector. Counsel Basma Khashoggi joined the Jeddah team from DLA Piper and enhances the team's expertise in the pharmaceuticals and healthcare sector.

Practice head(s):

Zeyad Khoshaim; Leen Zaza

Other key lawyers:

Basma Khashoggi

Testimonials

Their knowledge, experience and customer centricity. Strong M&A team’

‘Leen Zaza has done an outstanding job and worked around the clock to meet important deadlines.’

‘They are very engaged and supportive. Provide quality inputs and well trained.’

‘Khoshaim & associates communicates well, focus on goals and results, maintains good leadership, and they’re organized.’

‘I would like to give a special mention to a stand-out partner: Ms. Basma Khashoggi.’

Key clients

Samba Financial Group

Kingdom Investment Development Company (KIDC)

Saudi Arabian Oil Company (Saudi Aramco)

Sanabil Investments

Sahara International Petrochemical Company

Kingdom Holding Company

Hassana and General Organization for Social Insurance (GOSI)

Saudi Basic Industries Corporation

NEOM

Work highlights

  • Advised Samba Financial Group on the signing of its merger agreement with National Commercial Bank.
  • Advising the Ministry of Economy and Planning and Ministry of Finance on the merger of the General Organization for Social Insurance and Public Pension Agency.
  • Advised Saudi Aramco on its 50/50 joint venture with energy technology firm Baker Hughes to establish an industrial project thatwill develop a broad range of non-metallic products for multiple applications in the energy sector.

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar has a reputable corporate practice that handles a steady stream of private equity deals and M&A transactions, including shariah-compliant funds work. Areas of strength remain in the healthcare, infrastructure, oil and gas, and hospitality sectors. Energy and infrastructure transactions have been a particular area of activity for the team with key contacts including Nabil Issa and practice head Jawad Ali. International work is handled seamlessly via the firm’s regional presence in the UAE. Abu Dhabi-based Simon Rahimzada is recommended for cross-border investment work.

Practice head(s):

Jawad Ali

Other key lawyers:

Nabil Issa; Simon Rahimzada; Mohammed Al-Ammar

Testimonials

‘Nabil Issa is always available to follow up on new and old business matters.’

‘The individual lawyers are very forward-leaning in how they approach the challenges that are brought to them and interface with each other in the overall K&S Law Firm to get the best results possible.’

‘Fast, responsive and experts in all the fields we contact them for. They add credibility in any deal they undertake (M&A and fund formation).’

‘The relationship that K&S teams maintains is second to none. Dependable, credible and true advisors.’

‘The matters are generally partner-led which distinct K&S Middle East from their competitors. The firm is able to involve lawyers with extensive Saudi and UAE law experience and industry experts in one team. Also, they are able to quickly involve lawyers outside of the region in a seamless manner. The Firm is able to come up with creative yet practical solutions.’

‘We are interacting with Nabil Issa, Simon Rahimzada and Mohammed Al-Ammar. The team members are responsive, professional, practice and sector experts. They are extensively strong and truly capable and innovative in breaking and solving complex matters, and sometimes deal with unprecedented matters in the region.’

Key clients

Saudi Aramco Investment Management Company (SAIMCO)

Abu Dhabi Development Holding Company (ADQ)

Cerberus

Mizuho Gulf Capital Partners Ltd

Gulf Investment Corporation

Sadara Chemical

Mubadala Investment Company

Gulf Finance House

Ashmore Investments

eWTP Arabia

Gulf Capital PJSC

Riyad Capital

Western Union

Jabal Omar Development Company

Jeddah Economic Company

Arabian Company for Water and Power Development (ACWA Holding)

Arcapita

Small and Medium Enterprises Authority (SME Authority)

Bee’ah UAE and Bee’ah Energy KSA – leading environmental and waste management company

Work highlights

  • Advised Western Union on a $200m acquisition of STC Pay, a digital payments entity that is in the process of becoming the first Saudi Arabian digital bank.
  • Advised Saudi Jordanian Investment Fund (SJIF) on completing a $15m Series-B investment into OpenSooq.com Limited.
  • Advised Gateway Fund I, L.P., acting through its general partner, Gateway Partners Limited, to acquire 42.5532% of all the Tim Hortons franchises across the GCC.

Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P.

Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P. remains the firm of choice for domestic and international investors on large M&A transactions in the kingdom, and the practice is spearheaded by Stephen Matthews who splits his time between Dubai and Riyadh. The group advises on high-end restructurings, particularly for regional oil and gas companies. Shadi Haroon is the name for cross-border mandates and is supported by associates Hanan Easa and Rakan Alyusuf who handle commercial transactions. Euan Pinkerton departed to HFW.

Practice head(s):

Stephen Matthews

Other key lawyers:

Shadi Haroon; Hanan Easa; Rakan Alyusuf

Testimonials

‘Excellent practical experience across many sectors results in reliable, pragmatic advice. Long term presence in the KSA. Fees are transparent and appropriate for the matter. Very good value.’

The team has extensive knowledge on all regulation surrounding pharmaceutical industry. They provide very timely and practical legal advice. Combining a diverse skill set with experience, the team can engage in every aspect of a regulatory issue. It is also comforting to know that the team has very experienced lawyers in different areas of law, such as competition law, labour law, corporate law etc. on demand for the clients.’

Stephen Matthews has been providing us an excellent legal support with an effective combination of legal and sector specific knowledge and by leading his team very effectively to deliver solutions that would fit best for the client. Bringing in years of experience, Stephen provides solution oriented and business friendly advice.’

‘Shadi Haroon combines legal expertise with his practical perspective and provides solutions that can be easily implemented. Shadi is also very responsive and easily relates with the clients, while his work brings trust and comfort.’

Steve Matthews in Dubai/Riyadh and Shadi Haroon in Riyadh are very good. Responsive client service. Good value for the fee. Sound legal advice. Matters managed efficiently. Excellent practical experience across many sectors results in reliable, pragmatic advice.

Key clients

Daikin Europe

Mott MacDonald International

ThyssenKrupp Elevator Saudi Arabia

VTT International

Marsh Saudi Arabia for Insurance and Reinsurance Brokerage

Kudu

Work highlights

  • Advising Mott MacDonald International in the establishment and licensing of a 100 per cent foreign-owned engineering consultancy in Saudi Arabia.
  • Advising a bank on the negotiation of a Standstill Agreement with one of the Kingdom’s largest contracting companies to enable the company to pursue a recapitalisation plan.

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP’ corporate team is now led by Ahmed El Gaili who joined from The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP in July 2021. The team has a proven track record handling high-end transactional mandates and specialises in venture capital and corporate regulatory work acting for Saudi government entities and ministries. Senior associate Noor Al-Fawzan advises regional and international blue-chip clients on a range of corporate matters, with notable strength representing governments clients on privatisations. The team faced one departure with Omar M Elsayed  leaving to join Qiddiya as General Counsel.

Practice head(s):

Ahmed el-Gaili

Other key lawyers:

Noor Al-Fawzan

Key clients

Government of the Kingdom of Saudi Arabia

Saudi Basic Industries Corporation (SABIC)

Emaar The Economic City

EIG Global Energy Partners

SIG Combibloc Holdings SARL

Ayyan Investment Company

Applus Servicios Tecnológicos, S.L.U.

Saudi Research and Media Group

ArcelorMittal Tubular Products Jubail Company

Work highlights

  • Advising the Grains Privatization Committee on the first phase of the flour milling sector privatization through the successful award of the First Milling Company and the Third Milling Company to qualified strategic private investors.
  • Advising Emaar The Economic City (EEC) on the increase of its share capital by way of conversion of existing debt in favour of the Public Investment Fund.
  • Advising on the sale of SABIC’s agri-nutrients businesses to SAFCO in consideration for newly issued SAFCO shares, which was one of the largest public M&A transactions in the region in 2020.

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance advises on large corporates on M&A transactions. Majid Al-SheikhOmar Rashid and Abu-Dubai based Daniel Royle are names to note.

Practice head(s):

Majid Al-Sheikh

Other key lawyers:

Omar Rashid; Daniel Royle

Derayah LLPC – Saudilegal

Derayah LLPC – Saudilegal advises multinational companies on corporate and commercial mandates as well as M&A transactions with competition law aspects. The practice is overseen by key partners Andreas HaberbeckAsad AbediAli Abedi, and rising star Dana Halwani.

Practice head(s):

Andreas Haberbeck; Asad Abedi; Ali Abedi; Dana Halwani

Key clients

Cinépolis

Al Raha Al Safi Food Company

Work highlights

  • Acquired the fourth cinema operational license in Saudi Arabia for Lux Entertainment, a partnership between Cinépolis, Al-Hokair Group for Tourism and Development and Al-Tayer Group.
  • Acted for Al Raha Al Safi Food Company in connection with the transfer to it of one of the largest milling sectors being privatised by the programme.

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case has a market-leading corporate practice advising both domestic and international investor clients on a range of transactions, with particular strength in high-profile mergers. The team has a deep bench of experts across IPOs, joint venture matters, and private equity work. Doug Peel remains the key name in the group alongside Megren Al-Shaalan, Dubai-based Sami Al-Louzi and Marcus Booth. Ivan Paskal handles big-ticket sales with recent highlights advising Saudi Aramco. Local partner Mohammad Al Bashir is another name to note.

Practice head(s):

Megren M. Al-Shaalan; Doug Peel; Sami Al-Louzi; Ivan Paskal; Marcus Booth

Other key lawyers:

Mohammad Al Bashir

Testimonials

‘They understand the Kingdom in terms of priorities, dynamics, key stakeholders combined with the global reach. Differently from other legal firms, the utmost attention to client service and to provide quality work.’

‘Megren Al-Shaalan is an outstanding senior lawyer, deep in content but at the same time affable and mature. He is easy to work with, pleasant and very keen on providing sound and objective advice.’

‘Mohammad Al Bashir is a great addition to the team. He will dedicate days and nights to a task without sparing himself, whilst maintaining the big picture. Mohammed has the gift of detail and strategic perspective that characterizes the best.’

Key clients

Saudi Arabian Oil Company (Saudi Aramco)

The Industrialization and Energy Services Company (TAQA)

Morgan Stanley

Bupa

Mediclinic

MDL Beast

Work highlights

  • Advised Saudi Aramco on its $12.4 billion sale of a 49% equity stake in Aramco Oil Pipelines Company to a consortium led by EIG Global Energy Partners.
  • Advised Saudi Arabian Oil Company (Saudi Aramco), the world’s largest oil company by production, in its $69.1n acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC).
  • Acted for Morgan Stanley Saudi Arabia, financial advisor to SAMBA Financial Group, in its $46 billion (SAR 171 billion) merger with National Commercial Bank, to create the largest bank in the Kingdom of Saudi Arabia.

Al-Enezee Legal Counsel in association with EKP

Al-Enezee Legal Counsel in association with EKP has regional strength across Riyadh, Dubai and Beirut and handles a significant amount of cross-border mandates, joint ventures, and corporate restructuring work. The practice is overseen by Ziad El-Khoury and retains its strength in the pharmaceutical, healthcare and construction sectors. Based in Riyadh, co-head of the group Wissam Hachem is recommended for transactional work related to insurance, foreign investment and M&A. Associate Nicolas Kaadi is also recommended.

Practice head(s):

Ziad El-Khoury; Wissam Hachem

Other key lawyers:

Nicolas Kaadi; Hadi Melki

Testimonials

‘We think El-Enezee in association with EKP team is skilled and experienced in commercial, corporate, and M&A in KSA, and has a firm grasp and in-depth understanding of this sector. During our collaboration with them, the team is professional and diligent both in terms of substance and form. They are proficient in advising from the perspective of the KSA laws and providing tailor-made services to the client’s satisfaction.’

‘Team members of El-Enezee in association with EKP are diligent and responsible. In particular, we are impressed by one of the partners Mr. Wissam Hachem. Wissam is a well-known and reputable legal expert in the sector, who on most occasions was our primary contact when we worked together. We think highly of his familiarity with the KSA laws (in particular the Sharia), as well as his punctuality and solution-oriented approach.’

‘The team is very professional in all aspects, be it for their understanding of the various laws being used, protecting the interest of the client, punctuality, and consistency.’

‘I work mostly with Mr. Hadi Melki (who splits his time between Lebanon and Saudi Arabia) and his team. He is an excellent lawyer, with a vast understanding of the technology, telecom and media sectors. He is well versed in all laws being used.’

‘They are very familiar with the practicalities of operating in Saudi Arabia. Their advice on various aspects of Saudi law is clear and understandable and the solutions offered are relevant, practical and cost-effective.’

‘Mr. Wissam Hachem, is very responsive and offers legal advice that is practical and solutions-based. He is very mindful of the client’s considerations and offers solutions that are cost-effective and efficient.’

Key clients

WPP plc

Canadian Medical Center Company Limited (CMC)

China Energy Engineering Group Guangdong Power Engineering Co. Ltd (GPEC)

Mideast Data Systems (MDS) Group

POSH Saudi Co. Ltd and POSH Subsea Pte Ltd (Part of the Kuok Group)

Arabian Shield Cooperative Insurance Company

Walaa Cooperative Insurance Company

Academy for Learning Company

Cayan Group

Etienne Lacroix

OHL Saudi Arabia and EYM Saudi Arabia

Work highlights

  • Advising and assisting in relation to the restructuring of the corporate set-up for WPP’s subsidiaries in Saudi Arabia and notably Gulf Hill and Knowlton W.L.L and Arab for Advertising Grey.
  • Advising Canadian Medical Center Company Limited (CMC) on its potential direct listing of its shares on the Parallel Market (“NOMU”) in Saudi Arabia.
  • Advising the Saudi branch of GPEC regarding the execution of a Solar Photovoltaic Independent Power Project in Saudi Arabia with South Rabigh Renewable Energy Company.

Al Tamimi & Company

Al Tamimi & Company‘s corporate team operates across Al Khobar and Riyadh; it handles M&A transactions, and is often instructed by the government on large project mandates. The team has demonstrable strength in technology, healthcare, and entertainment sectors and is led by key partners including Grahame NelsonHesham Al-Homoud in Riyadh, and Bandar Al Hamidani. Christopher Webb who was elevated to the partner recently is recommended for technology and defence sectors work. Senior associate Julie Bassi in the Jeddah office is recommended.

Practice head(s):

Graham Nelson

Other key lawyers:

Hesham Al-Homoud; Bandar Al Hamidani; Christopher Webb; Julie Bassi

Testimonials

‘It has a great practice in Khobar under Grahame Nelson and with Jonathan Reardon’s return has shored up its capabilities. In Jeddah, Julie Bassi is exceptional for JV and M&A work, especially in healthcare and hospitality.’

‘Julie Bassi is knowledgeable, practical, commercial and quality. She is always available and responsive and is an expert in particular in healthcare and hospitality.’

‘Grahame Nelson is a trusted safe pair of hands with great insights in general commercial work.’

Key clients

Ministry of Health

The Red Sea Development Company

Amaala Project

Solidarity Saudi Takaful Company

Sportlink

Weststar Aviation Services

Saudi Arabian Football Federation

Saudi Payments Company

Work highlights

  • Advised Uber Technologies on the corporate and competition aspects (in UAE, KSA, Egypt. Qatar) of its acquisition of ride-hailing rival Careem Networks.
  • Advising Maharah Human Resources Company in relation to its acquisition of a majority stake in Spectra Support Services.
  • Advised Solidarity Saudi Takaful Company on its on-market merger with another Tadawul-listed insurance company, Al Jazira Takaful Taawuni Company.

Alshahrani Almansour (in collaboration with DLA Piper)

Alshahrani Almansour (in collaboration with DLA Piper) handles high-value mergers, divestments, and complex restructurings. The team leverages its global footprint to handle cross-border mandates for clients operating in the healthcare, oil and gas, and hospitality sectors. Will Seivewright in Dubai is the overall head of the Middle East practice with Tim Sunar in Al-KHobar leading the Saudi team. Richard Hughes focuses on cross-border M&A matters whilst Paul Latto is the name for restructurings and regulatory advice for private clients.

Practice head(s):

Will Seivewright; Tim Sunar

Other key lawyers:

Richard Hughes; Paul Latto

Key clients

Zip Co

ADNOC Global Distribution Company LLC (“ADNOC”)

Work highlights

  • Advised Zip Co Ltd on the conditional acquisition of the remaining 78% of Spotii a buy now, pay later (BNPL) payments platform.

The Law Firm of Hassan Mahassni

Law Firm of Hassan Mahassni acts in a range of corporate transactions for clients, including foreign investment, joint ventures, and cross-border acquisitions. The group is led by senior consultant AbdulMoeen Arnous who advises on restructurings and counts various petrochemical and oil and gas companies as key clients. He is supported by associate Faisal Linjawy who has aspecialism in liquidation matters.

Practice head(s):

AbdulMoeen Arnous; Faisal A. Linjawy

Mohammed Al-Ghamdi Law Firm in association with Norton Rose Fulbright US LLP

Mohammed Al-Ghamdi Law Firm in association with Norton Rose Fulbright US LLP’s Riyadh-based practice is the go-to for foreign corporates and multinationals on M&A transactions and joint ventures. Practice head Mohammed Al Ghamdi advises on commercial transactions, licensing and distribution agreements. Of counsel Paul Lockyer focuses on foreign direct investment and M&A transactions.

Practice head(s):

Mohammed Al Ghamdi

Other key lawyers:

Paul Lockyer

Shearman & Sterling in association with the Law Firm of Dr. Sultan Almasoud

Shearman & Sterling in association with the Law Firm of Dr. Sultan Almasoud maintains a busy practice handling high-value transactions and project mandates for a host of leading regional clients including NEOM. The team, led by Sultan Almasoud  has been strengthened on the private equity, public and private M&A front with the arrival of Mohsin Suleman who joined from Freshfields Bruckhaus Deringer. In Abu Dhabi, Renad Younes is the regional partner in the Middle East and is a key contact for international mergers and project financing deals. The group leverages its teams in London, Dubai, and Singapore to handle complex cross-border mandates.

Practice head(s):

Sultan Almasoud; Mohsin Suleman

Other key lawyers:

Renad Younes

Testimonials

‘We work with Mohsin Suleman (Partner) and his team. Their strength is their efficient and comprehensive responses to questions raised.’

‘Mohsin Suleman (Partner) has been an excellent legal advisor to us – providing comprehensive, clear feedback as well as practical solutions. As an added bonus, the turn around times are reliable and incredidbly fast.’

‘They are committed, organized, timely completion of tasks with a clear quality.’

Key clients

Jabal Omar Development Company

Bin Dayel Group

NOMW Capital

Alsalam Aerospace Industries Company

Five Capital Partners

The Saudi Arabian Industrial Investments Company (Dussur)

The National Unified Procurement Company

Saudi Investment Recycling Company

NEOM Company

Jabal Omar Development Company

Bin Dayel Group

Work highlights

  • Advised Dussur as part of an international private equity consortium consisting of BroadPeak Global LP and Asia Green Fund on the purchase of the Clean Technologies business of DuPont de Nemours, Inc. for $510m in cash.
  • Advising NEOM Company on all aspects of its $5bn world-scale green hydrogen and green ammonia production facility.
  • Advising Saudi Arabian Chevron on the largest upstream unitized Wafra field between Saudi and Kuwait.

The Law Firm of Wael A. Alissa in association with Dentons

The Law Firm of Wael A. Alissa in association with Dentons’ corporate team is led by managing partner Nick Simpson in Riyadh, who is noted for his track record of over two decades of expertise in the Middle East and Asia, and advising on joint venture matters. The group acts for an impressive roster of clients, inducing government entities on acquisitions, investment transactions and public procurement. Ziad Saad who relocated to Riyadh from the firm’s Dubai office handles large cross-border acquisitions. Senior legal consultant John Balouziyeh advises on Saudi investment matters for multinationals.

Practice head(s):

Nick Simpson; Ziad Saad

Other key lawyers:

John Balouziyeh

Testimonials

‘Strong regional Middle East presence, quality legal team with diverse backgrounds.’

‘John Balouziah is a capable experienced commercial and corporate lawyer, with a personal background in the defense sector, whom I recommend for his Saudi and U.S. knowledge and background.’

‘John Balouziyeh, a Senior Legal Consultant, is located in the US but supports our strategy in Saudi Arabia. He understands the needs of US clients and the local culture in KSA, is fluent in Arabic, and has an impressive academic background that has been useful to analyze human rights concerns that came out of the region. I use Dentons because of John.’

‘Wide expertise in local commercial law, both theoretical and practical application. They are regional specialists in the application of law in the technology sector, which is particularly relevant to our business.  Immediate access to worldwide network of offices and legal advice.’

‘Principal point of contact is John Balouziyeh. He is always quick to respond, with answers and advice that is detailed and thoroughly researched, and, where necessary, placed in the context of the local business, and legal, conditions.’

‘The team has unique capabilities in areas not traditionally serviced by other law firms in Saudi Arabia, such as business and human rights, public international law and regional treaties covering investment across Saudi Arabia and the wider GCC countries. The team reflects a great deal of diversity, with nationals from the KSA, UK, US, Canada, Egypt, Australia, etc., represented, and multiple languages, in addition to English and Arabia, spoken.’

‘The individuals are highly responsive and accessible. They have wide-ranging capabilities across all areas of corporate and commercial work (traditional corporate law and M&A, local regulatory advice and applications, IP protection and the like). They are thought leaders, widely published in books and articles dealing with various law matters.’

Key clients

Saudi Arabian Ministry of Finance

Amazon.com

Saudi Cinema Company

Saudi Information Technology Company (SITE)

The Red Sea Development Company

SATORP (Saudi Aramco Total Refining and Petrochemical Co.)

Saudi Business Machines, Ltd.

Dynamic Industries Saudi Arabia, Ltd.

Flughafen Munchen GmbH

Work highlights

  • Advising AlBilad International of Industrial Technology LLC in connection with the sale, with together other shareholders, of 100% of the share capital of Advanced Electronics Company (AEC) to Saudi Arabian Military Industry (SAMI).
  • Advising the founder on his exit and disposal of his entire interest in the Projacs group to Egis, a leading player in the global construction and engineering services sector.
  • Advising Amazon on a number of corporate and commercial matters in Saudi Arabia, including liquidation, strategic investments, employment, contracts, and regulatory, compliance and governance advice.

AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP

At AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP,  Anmar Al-Gharifi leads the group which handles transactional, commercial and regulatory matters for a mix of local and international clients, including investors. High-net-worth individuals, investment banks, and multinationals also feature in its client roster. Abdulatif AlHerish leads the regulatory sub-group and is recommended for mergers, particularly acting for government entities.

Practice head(s):

Anmar AlGharifi

Other key lawyers:

Abdulatif AlHerish

Testimonials

‘Very talented, committed, and flexible team. Very easy to deal with and they always exceed your expectations in terms of quality and efficiency.’

‘Main qualities I value in this team are: commitment, knowledge sharing, efficiency, and quality of deliverables.’

Key clients

Roshn Real Estate Co.

Tronox Saudi Industries Company

Saudi Customs

Saudi Social Development Fund

Saudi Tourism Development Fund

Saudi Arabian Airlines (Saudia)

DuPont Specialties SA

.Avient Corporation

Rockwell Automation

Savola Foods

Alkhabeer Capital

Dow Specialities Saudi Arabia

The Investment Fund Company

Fawaz Abdulaziz Alhokair Company

Alfanar Company

Diagnostica Stago

Majid Al Futtaim Group – MAF

Thales International

Nokia Solutions and Networks OY

Xylem Inc

Badger Meter Inc.

Horizon Therapeutics

Work highlights

  • Advising Fawaz Abdulaziz AlHokair Company, one of the region’s largest retail groups, on the acquisition of 51% of Vogacloset, a leading UK based online high-end fashion store.
  • Advising Al Ahlia for Cooperative Insurance Company in connection with its merger with Gulf Union Cooperative Insurance Co (both companies ae publicly listed on the Saudi Arabian prime stock exchange Tadawul).
  • Advising Saudi Customs on one of the largest employee transformation transactions which involved advising on the regulatory framework and all legal aspects of transferring 10,000 Saudi Customs’ employees from the public service regime to a private-sector like model.

AlGhazzawi & Partners

Having disbanded with Herbert Smith Freehills LLP, AlGhazzawi & Partners is now operating under a cooperative agreement with Gowling WLG with key contact being managing partner Tim Casben in Dubai. The team advises on the full range of corporate and commercial matters with expertise in corporate governance and restructurings. Senior partner Belal T Ghazzawi is a recommended practitioner alongside practice head Talal Amin Al Ghazzawi .

Practice head(s):

Tim Casben; Talal Amin Al Ghazzawi

Other key lawyers:

Belal T Ghazzawi

Hourani & Partners

At Hourani & Partners, the team handles large transactional mandates, mergers and sukuk for a diverse client roster including L’Oreal. Based between Riyadh and Dubai, practice head Hayel Hourani advises local and regional corporates on regulatory matters and securities transactions and is closely supported by Chadi Hourani who handles joint venture matters. Salim Sader acts in private equity transactions. Former DWF Middle East LLP partner Edoardo Betto leads the Al-Khobar office and is recommended for commercial matters and contract work, particularly in the oil and gas sector.

Practice head(s):

Hayel Hourani; Chadi Hourani; Salim Sader

Other key lawyers:

Edoardo Betto

Key clients

British American Tobacco (BAT)

Kraft Heinz

Delivery Hero

Talabat

L’Oreal

Redington Group

Sephora

Godiva Chocolatier

Instashop

Work highlights

  • Advised Aljazira Takaful Taawuni Company in relation to negotiations on the merger agreement, disclosure letters, legal due diligence and board circular.
  • Advised Gulf Union Cooperative Insurance Company in a merger agreement.
  • Advised MMC Corporation Berhad and City Island Holdings Limited on a transactional al sale to the Public Investment Fund (PIF).

The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP

The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP advises investment banks, multinationals, and private companies on restructurings, inbound investments, and project-related M&A transactions. Managing partner Looaye Al-Akkas is noted for his energy, petrochemical and infrastructure sector expertise.

Practice head(s):

Looaye Al-Akkas

Saud Al-Ammari (Dr.) Law Firm

Based in Al-Khobar, Saud Al-Ammari (Dr.) Law Firm has focus on advising foreign companies on market entry and joint venture matters in the Kingdom. Saud Al-Ammari oversees the group with key contacts Saad Al-Dossary who handles shariah-compliant transactions and Dr Adnan Al-Hashimi.

Practice head(s):

Saud Al Ammari

Other key lawyers:

Saad Al-Dossary; Dr Adnan Al-Hashimi

Key clients

Sadara Chemical Company

Jacobs ZATE and Jacobs DCSA Saudi Arabia Ltd.

Arabian Petroleum Investments Corporation (APICORP)

Huron Consulting Group Inc.

Al Abdulkarim Holding Co.

Midad Holding Company

Flowserve Corporation – Business Integrity and Compliance

Jubail Energy Services Company (JESCO)

Aon Services Group Law (AON UK)

Zuhair Fayez & Abdullah Al-Maghdawi (SLFE)

Work highlights

  • Assisted Al Abdulkarim Holding Co. with multiple multi-million-dollar commercial agreements including a distribution agreement with Advanced Sensors.
  • Advised Arabian Petroleum Investments Corporation (“APICORP”) with continuous legal support and advice on laws and regulations related to international organizations.

Zamakhchary & Co (in association with Linklaters)

Zamakhchary & Co (in association with Linklaters) has a reputable corporate practice that is led by Waleed Rasromani who splits his time between Saudi Arabia and the UAE. The group advises on cross-border mergers, disposals, and joint venture agreements. Transactional work, including M&A, corporate finance deals and investments, are dealt with by experienced partner Nicholas Edwards in Abu Dhabi and Scott Campbell assists from Dubai, while associate Muyasser Albar maintains a permenant presence in Riyadh. Martin Creek is recommended for corporate finance transactions.

Practice head(s):

Nicholas Edwards; Waleed Rasromani; Martin Creek

Other key lawyers:

Muyasser Albar; Scott Campbell; Faysal Lassas

Testimonials

‘Competence and availability are the key strengths of the law firm.’

‘Managing associate Faysal Lassas was in contact with the client 24×7 during the Covid period and did not allow any deadline to slip by. He had full grasp of the assignment and facilitated everyone, including the client and other advisers, to complete their tasks on time. A very impressive lawyer indeed.’

‘Waleed Rasromani had excellent knowledge of the capital market law and offered the most suitable advice on legal issues.’

Key clients

Advanced Petrochemical Company

SABIC Agri-Nutrients Company

Al Rajhi Holding Group Company

BRF Foods GmbH

Linde

Rifd Copper Company

Schlumberger Limited

Work highlights

  • Acted for a consortium of the existing minority shareholders in ACWA Power for the sale of a proportion of their shares to the Public Investment Fund of Saudi Arabia (the PIF) and two minority purchasers.
  • Advised the Saudi Arabian Fertilizer Company (SAFCO) on the acquisition of shares in three agricultural nutrient companies from Saudi Basic Industries Corporation (SABIC) in exchange for 59.4 million shares in SAFCO.
  • Advising Advanced Petrochemical Company on a joint venture with SK Gas to construct and operate a US$1.8bn propane dehydrogenation and polypropylene plants in Jubail.