Khoshaim & Associates > Riyadh, Saudi Arabia > Firm Profile

Khoshaim & Associates
17th Floor, Tower B Olaya Towers,
Olaya District
RIYADH 11321
Saudi Arabia

Saudi Arabia > Banking and finance Tier 1

Khoshaim & Associates' banking and finance team offer cutting-edge advice for a wide range of banking transactions, with strengths in project finance, corporate finance, Islamic finance and regulatory matters. Known for their ability to navigate foreign investments in both public and private matters, the team is also a trusted advisor on PPP legal frameworks. The team is co-led by the reputable Karim Wali, the go-to advisor for high profile financing transactions in the project and construction sectors, and Hamdan Van Den Brule, who is perennially dominant in PPP projects. Managing Partner Zeyad Khoshaim enhances the team’s capabilities with his panoramic view of corporate and project financing. Another key contact is Paul Matrosov who focuses on the financing and development of novel energy and infrastructure projects.

Practice head(s):

Karim Wali; Hamdan van den Brule

Other key lawyers:

Zeyad Khoshiam; Paul Matrosov

Key clients

Banque Saudi Fransi

NEOM Company

Emaar Economic City

National Development Fund

Tourism Development Fund

Saudi National Bank

Aircraft Leasing Company (ALC)

Saudi Awwal Bank

Arab National Bank

Ministry of Finance of Saudi Arabia

Work highlights

  • Advised Al Rajhi Bank in connection with a senior Islamic for financing for Etijah Alwajaha for Real EstateDevelopment Company in order to finance the development 2 real estate projects, a retail plaza in Riyadh and a mixed-use development in Madina.  
  • Advised J.P. Morgan on the on the establishment of an up to USD700 million receivables securitisation for TabbyBNPL.
  • Advising Arab National Bank (ANB) in relation to a proposed bilateral commodity Murabaha financing of up to SAR 1.1 billion forTrade Center Company Limited (TCCL).

Saudi Arabia > Capital markets Tier 1

Khoshaim & Associates team is highly skilled across the full range of equity financing structures such as IPOs, rights issues, secondary offerings, private placements and investment funds. The team also boasts a strong DCM division with expertise in handling complex, large-scale Sukuk transactions. The team is led by managing partner Zeyad Khoshaim, who advises multinational corporations on IPOs, rights issues, sukuks and securities matters. Underscoring his experience, Khoshaim also sits on the advisory committee to the Capital Market Authority. Khoshiam is strengthened by Ghaida Meaigel, who specializes in IPOs and securities and fund-related matters.

Practice head(s):

Zeyad Khoshaim

Other key lawyers:

Testimonials

‘The capital markets team at Khoshaim & Associates is very knowledgeable regarding the subject and works with the client effectively and collaboratively. They help us apply the relevant principles to the business in a commercial-oriented manner.’

‘Zeyad Khoshaim stands out as a managing partner who focuses on the client relationship while providing high-quality client advice. Ghaida Meaigel has also been very helpful to work with showing a strong commitment to our work and a deep understanding of our capital markets support needs.’

Key clients

Saudi Arabian Oil Company (Aramco)

Saudi Aramco Base Oil Company – Luberef

SNB Capital

Saudi Industrial Investment Group (SIIG)

HSBC Saudi Arabia

Saudi Fransi Capital

EFG Hermes

Taiba Investment Company

Qassim Cement Company (QCC)

Saudi Economic and Development Company (SEDCO)

Work highlights

  • Advised Saudi Aramco on their secondary public offering of 1.545 billion shares, representing approximately 0.64% of the company’s issued shares. The share price ranged between SAR 26.70 ($7.12) and SAR 29.00 ($7.73), with the sale expected to raise around $11.5 billion to $13.1 billion.
  • Advised Taiba Investments Company, of its capacity as an offeror, on its share exchange transaction with Dur Hospitality Company. The deal closed after the shareholders of both companies approved the transaction, creating one of the leading hospitality companies in Saudi Arabia

Saudi Arabia > Commercial, corporate and M&A Tier 1

Khoshaim & Associates has bolstered its commercial and corporate offering, hiring Christian Both from Addleshaw Goddard and Omar Iqbal from Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P.  in June 2024, with the duo sitting at the helm of the group and adding strong capabilities in M&A, private equity and foreign investments. The firm has a longstanding track record in the Kingdom and retains close connections with major corporates across a variety of sectors, as well as key government-backed entities. Team head Zeyad Khoshaim, who ‘stands out as a managing partner that focuses on the client relationship and providing high quality client advice‘, is consistently sought out for his expertise in public and private M&A, restructurings and joint ventures. Co-head Basma Khashoggi has recently been engaged in joint ventures for PIF-backed entities, including the Saudi Arabian Investment Company and NEOM. Leen Zaza left the firm.

Practice head(s):

Zeyad Khoshaim; Basma Khashoggi; Christian Both; Omar Iqbal

Testimonials

‘The commercial, corporate and M&A team at Khoshaim & Associates has practical knowledge and experience regarding the subject and work with the client in an effective and collaborative manner. They help us apply the relevant principles to the business in a commercial oriented manner.’

‘Zeyad Khoshaim stands out as a managing partner that focuses on the client relationship while providing high quality advice.’

‘The K&A team is great and easy to work with. They speak your language and understand your case well. Their suggestions always give you flexibility to negotiate and arrive on common ground with the other party.’

‘They have relevant experience and are focused on your case. ‘

Key clients

Rajhi Steel and Rajhi Invest

Saudi Arabian Oil Company

NEOM

Sanabil

Public Investment Fund

Hassana Investment Company

Taiba Investment Company

Saudi Industrial Investment Group

Bupa Arabia for Cooperative Insurance

SPIMACO

Work highlights

Saudi Arabia > Dispute resolution Tier 1

Khoshaim & Associates’s dispute resolution team frequently represents key Saudi and multinational corporations in some of the largest arbitration cases in the Kingdom, as well as high-stakes matters before the Saudi Arabian Supreme Court and Commercial Court. The team act for clients on a wide range of disputes, with particular expertise in bankruptcy, competition, corporate and employment matters. The practice is co-led by managing partner Zeyad Khoshaim, an expert in litigation strategy, international arbitration and risk assessment, alongside newly promoted partner Abdullah Alajlan, whose recent focus has predominantly been on disputes in the energy and industrial sectors.

Practice head(s):

Zeyad Khoshaim; Abdullah Alajlan

Testimonials

‘Excellent, cooperative and hard-working team.’

‘The lawyers at Al-Khoshim Firm are distinguished and keen. I dealt with Abdullah Al-Ajlan and I believe that the rest of the team are distinguished by the same strength and keenness.’

Key clients

Saudi Aramco

Sahara International Petrochemical Company

Volvo Truck Corporation

Saudi Aramco Total Refining and Petrochemical Co. (SATORP)

Saudi Steel Pipes

Fransi Capital

Abdul Latif Jameel Company Ltd

Banque Saudi Fransi

Tas’helat Marketing Company

Orient Insurance PJSC

Work highlights

  • Represented the Respondent in an ad hoc arbitration concerning the termination of three security contracts due to breaches by the contractor (the Claimant).
  • Represented the government of Saudi Arabia as a creditor in bankruptcy proceedings concerning a Saudi construction company.
  • Advised a client regarding bankruptcy proceedings, including submitting claims, communicating with the office holders, pleadings before the courts, and participating in creditors’ voting.

Saudi Arabia > Projects and energy Tier 1

Khoshaim & Associates‘ wide-ranging project work spans the energy, construction, health and education sectors. The team leverages its expertise to advise high-profile PPPs, and public and private clients, including Saudi Aramco, the Ministry of Health and NEOM. The practice benefits from a trio of team heads, with each bringing specialised expertise to different facets of project work. Managing partner Zeyad Khoshaim is geared to lead on the regulatory components of project mandates. Hamdan van den Brule is the go-to adviser for PPP matters and project development, and Karim Wali specialises in a wide range of project-related financing transactions.

Practice head(s):

Zeyad Khoshaim; Hamdan van den Brule; Karim Wali

Testimonials

‘The team is very professional and committed to goals and timelines.’

‘We work directly with Hamdan van den Brule. He is a great person to work with and he is always available with great advice.’

Key clients

Tatweer Building Company

Ministry of Health

NEOM Company

Saudi Aramco

Osool Integrated Real Estate Company LLC

Vision Invest

Al Balad Development Company

Al Rajhi Bank

JP Morgan Securities PLC

Riyad Bank

Work highlights

  • Advising the Ministry of Health in respect of a public-private partnership according to which the Ministry of Health will request the private sector to build and then provide facility management in respect of 150 primary health centres.
  • Advising the Ministry of Health in respect of a public-private partnership in which the Ministry of Health will privatise the dialysis services provided to Saudi Arabian nationals across the Kingdom.

Khoshaim & Associates is a full-service Saudi Arabian law firm with local depth and international reach. We deliver first class, efficient and integrated legal services. Our principal goals are to provide the highest quality of legal services that allow us to be an instrumental part in our clients’ success, and to elevate the practice of law in Saudi Arabia by recruiting, retaining and advancing the brightest legal talent. Our firm includes a team of veteran Saudi Arabian and internationally qualified lawyers who assist on a wide range of practice areas, which incorporates dispute resolution, arbitration and litigation, expert opinions, equity and debt capital markets, while also covering IPOs, rights issues and sukuks, corporate and M&A, in addition to private and public mergers and acquisitions, joint ventures, foreign direct investment, anti trust, and complex corporate restructurings, tax, financings and projects, Islamic finance transactions, PPP, and bankruptcy. Our strong lawyer team is by far the Kingdom’s most recognized and ranked lawyers, learn more about them through our website.

Department Name Email Telephone
Zeyad Khoshaim [email protected] +966 11 461 8700
Business Development Roshan Al Rasheed [email protected] +966 55 029 5564
Team : 70+
Arabic
English (fluent)
French
Spanish
Russian
Saudi Bar Association
New York Bar
England and Wales