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 regularly advises banks, contractors, and Islamic financiers on the financing of real estate and infrastructure projects. Overseen by Karim Wali who has solid experience advising on both conventional and Islamic financing transactions, the team also acts for lenders and borrowers on PPP projects. Counsel Paul Matrosov handles renewable energy and power transactions. Managing partner Zeyad Khoshaim is also of note.

Practice head(s):

Zeyad Khoshaim; Karim Wali

Other key lawyers:

Naryman AlKassimi; Paul Matrosov

Testimonials

‘They are thorough, responsiveness, and have local knowledge.’

‘Karim Wali and senior associate Naryman AlKassimi are extremely helpful, knowledgeable, and solution-oriented individuals.’

Key clients

NEOM

Saudi Arabian Ministry of Health

Vision Invest

Samba Financial Group

HSBC Saudi Arabia

Banque Saudi Fransi

Riyad Bank

Saudi British Bank

Saudi National Bank

Arab National Bank

Al Rajhi Bank

Tatweer Buildings Company

Saudi Aramco

Work highlights

  • Advised Banque Saudi Fransi, Riyad Bank, Saudi British Bank and Saudi National Bank on acting as Mandated Lead Arrangers on the first Riyal-denominated credit facility to be granted the Green Financing accreditation.
  • Acting for the lenders; Al Rajhi Banking and Investment Corporation; Arab National Bank; Bank AlJazira; Banque Saudi Fransi; Crédit Agricole Corporate and Investment Bank; Gulf International Bank – Saudi Arabia; National Bank of Kuwait and Samba Financial Group in relation to a refinancing of a senior secured term murabaha facility.
  • Advising HSBC Saudi Arabia on the restructuring of a Sukuk, approval process and Saudi requirements.

Saudi Arabia > Capital markets Tier 1

Khoshaim & Associates handles the full scope of capital market work including equity and debt capital structures, sukuk, and private placements. The group has seen an increase in public M&A matters and holds leading banks as key clients. Managing partner Zeyad Khoshaim is the key contact and is supported by counsel Amro Bakhaider.

Practice head(s):

Zeyad Khoshaim

Other key lawyers:

Key clients

Riyad Capital

HSBC Saudi Arabia

Ministry of Finance of the Kingdom Saudi Arabian

Capital Markets Authority (CMA)

Samba Financial Group

NatWEest Markets NV (formerly RBS)

Saudi Aramco

SIPCHEM

SABIC

Emaar Economic City

Kingdom Investment Development Company (KIDC)

Work highlights

  • Advising Riyad Capital as Sole arranger and dealer in relation to Riyad Bank’s establishment of SAR 10bn sukuk program and issuance of sukuk thereunder.
  • Advised HSBC Saudi Arabia in relation to the update of Saudi Aramco’s SAR 37.5bln sukuk programme.
  • Advised NatWest Markets plc (NWM) and Banco Santander S.A (Santander) on their disposals of shares in (SABB) by way of an accelerated bookbuild.

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

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:

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.

Saudi Arabia > Dispute resolution Tier 1

At Khoshaim & Associates, the dispute resolution practice has expertise in arbitrations and has appeared at all levels of the judiciary. Zeyad Khoshaim leads the group which excels in securities cases and the enforcement of arbitral awards for Saudi clients. Senior associate Abdullah Alajlan is recommended for healthcare sector work. Nasser Alrubayyi departed to Quinn Emanuel Urquhart & Sullivan, LLP in January 2022.

Practice head(s):

Zeyad Khoshaim

Other key lawyers:

Testimonials

‘Khoshaim & Associates towers above every firm I know of in KSA. This is largely due to the leadership of name partner Zeyad Khoshaim, his energetic dedication to the cases entrusted to him, his dual U.S.-Saudi culture that makes him able to navigate the intricacies of Saudi law and procedure up to the stringent requirements of international corporations. His team emulates his leadership and offers excellent dedication to clients.’

Key clients

Saudi Aramco

Oracle Systems

The Ministry of Finance

Renault Truck S.A.S

Saudi Arabian Investment Company (Sanabil Investments)

Volvo Truck Corporation

Aramco Lubricants and Retail Company

Tadano Corporation

Standard Chartered Bank

Etihad Etisalat Company Saudi Arabia (Mobily)

Sumitomo Corporation

The General Organization for Social Insurance (GOSI)

Arab Banking Corporation

Deutsche Bank

Tenaris S.A.

Saudi Fransi Capital

Tas’helat Marketing Company

Work highlights

  • Advising the Saudi government in relation to ICSID Case No. ARB/19/32, DSG Yapı Sanayi Ticaret Anonim Şirketi v. Kingdom of Saudi Arabia.
  • Acting for Saudi Aramco with respect to cases at the CRSD involving interpretation of prospectus and issues of standing.

Saudi Arabia > Projects and energy Tier 3

Khoshaim & Associates has a well-regarded projects team handling contractual work, Islamic financing and PPP projects. Head of the project financing practice Karim Wali acts for lenders and borrowers on project-related transactions, whilst Zeyad Khoshaim advises energy companies, including Saudi Aramco on mergers and joint ventures.

Practice head(s):

Zeyad Khoshaim; Karim Wali

Key clients

Tatweer Buildings Company

Banque Saudi Fransi

Saudi Aramco

Riyad Bank

Saudi British Bank

Saudi National Bank

Work highlights

  • Advised Banque Saudi Fransi, Riyad Bank, Saudi British Bank and Saudi National Bank on acting as Mandated Lead Arrangers.
  • Advised Saudi Aramco on its 50/50 joint venture with Baker Hughes to establish an industrial project that will develop a broad range of non-metallic products for multiple applications in the energy sector.
  • Advised Tatweer Buildings Company on bids under the RFP, and then drafted and negotiated with the selected bidder the PPP Project Agreement which is governed by Saudi Arabian Law.

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.

DepartmentNameEmailTelephone
Zeyad Khoshaimbd@khoshaim.com+966 11 461 8700
Business Development Roshan Al Rasheedbd@khoshaim.com+966 55 029 5564
Team : 50+
Arabic
English (fluent)
French
Spanish
Russian
Saudi Bar Association
New York Bar
England and Wales