King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar > Riyadh, Saudi Arabia > Firm Profile

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar
KINGDOM CENTRE 20TH FLOOR, KING FAHAD ROAD
PO BOX 14702
RIYADH 11434
Saudi Arabia

Saudi Arabia > Capital markets Tier 1

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar is singled out for its reputation handling complex Islamic financing deals and structuring sukuk transactions, particularly in highly regulated sectors including healthcare; it also has notable experience advising on the formation and listing of REITS. Jawad Ali leads the team from Dubai and handles a significant amount of sukuk and mudaraba transactions in the Saudi market; James Stull advises on security toke offerings and sukuk, as does Nabil Issa.

Practice head(s):

Jawad Ali

Other key lawyers:

Key clients

Riyad Capital

Jadwa Investment Company

Islamic Development Bank

Al Bilad Capital

Al Rajhi Capital

SEDCO Capital

Ashmore Investments Saudi Arabia

Franklin Templeton

Alkhabeer Capital

NMG

Work highlights

  • Advised Alkhabeer Capital on the listing of the units of the Alkhabeer Diversified Income Traded Fund on the main market of the Saudi Stock Exchange after successfully completing an IPO on 24 December 2020 raising 472.8 million Saudi Riyals.
  • Acting for NMG, a U.S. company, in relation to acquisition of a stake in a joint venture with Gulf Medical in Jeddah.

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

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.

Saudi Arabia > Real estate and construction Tier 1

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar has a broad real estate and construction practice that handles a mix of contentious and non-contentious matters. Moustafa Said focuses on corporate sale and leaseback transactions across the UAE and Saudi Arabia. Other key contacts include the co-head of the global construction practice Tim Burbury in Abu Dhabi who specialises in energy and utilities, and Dubai-based Sayf Shuqair who focuses on structuring real estate investments.

Practice head(s):

Tim M. Burbury; Moustafa Said

Other key lawyers:

Randall Walker; Patrick McPherson; Sayf Shuqair

Key clients

NEOM

Vision Invest

Sadara Chemical Company

Misk Foundation

Roshn Real Estate

Riyad Capital (Riyadh)

Al Rajhi Capital

Midad

Sutton Lane

Diyaar Al Salheya

Knowledge Economic City

Sharjah Media City (SHAMS)

Work highlights

  • Representing NEOM on all of its construction program since inception. This includes 50 drafting and negotiating 100s of construction contracts, This matter is important because at $500bn, this is by far the largest construction project ever to be developed.
  • Advising Riyad Capital, on behalf of its parent entity Riyad Bank, on the acquisition from King Abdullah Financial District Development and Management Company (KAFD) of a commercial office building the KAFD District in Riyadh, Saudi Arabia.
  • Advised Masdar and EDF on the 400MW Dumat Al Jandal wind IPP in Saudi Arabia.

Saudi Arabia > Banking and finance Tier 2

At King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar, the banking practice has notable strength in financings, particularly shari’ah-compliant, acting for both Saudi Arabian and foreign lenders and borrowers. Zaid Al-Farisi jointly manages the team with Jawad Ali, handling Islamic finance matters and restructuring work which has been an area of growth. Nabil Issa who splits his time between Riyadh and Dubai is well-versed in Shariah-compliant investment funds work, whilst Michael Rainey, also in Dubai is the name for GCC wide investment matters. Senior counsel Mohammed Alammar is also a key name to note.

Practice head(s):

Jawad I. Ali; Zaid Al-Farisi

Key clients

The Saudi National Bank

Arab National Bank

The Saudi British Bank (SABB)

Banque Saudi Fransi

Riyad Bank

Gulf International Bank

JPMorgan

Emirates NBD Bank

Credit Suisse

SAIMCO

Abu Dhabi Islamic Bank (ADIB)

Work highlights

  • Advising two major Saudi banks on Shari’ah-compliant facilities extended to construct a tower in King Abdullah Financial District.
  • Advising a Saudi borrower on the restructuring of SAR multi-billion Shari’ah-compliant construction facilities.
  • Advising a Saudi borrower in connection with the restructuring and refinancing of an approximately SAR 1.5 billion facility provided by a major Saudi bank.

Saudi Arabia > Projects and energy Tier 2

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar has expertise advising on major utilities, infrastructure and petrochemicals projects across the Middle East, and is highlighted for its representation of Japanese and Korean clients. Led by Tim Burbury in Abu Dhabi, the group also advises on large-scale Saudi and Emirati PPPs and solar projects. Robin Bayley handles project financing transactions.

Practice head(s):

Tim Burbury

Other key lawyers:

Key clients

NEOM

Mubadala Investment Company

ENGIE

Electricity de France (EDF)

Sadara Chemical Company (joint venture of Saudi Aramco and Dow Chemical)

Vision Invest

Veolia

Abu Dhabi Future Energy Company – Masdar

JERA

Miahona

Misk Foundatio

ADQ

Abu Dhabi Investment Office (ADIO)

Miral

Work highlights

  • Advised NEOM on all of its construction program since inception.
  • Advised the consortium of power developers in relation to the Concession, EPC and O&M and associated project finance agreements with PowerChina for 14 renewable energy plants in one sitting.
  • Advised Prince Mohammed bin Salman bin Abdulaziz Foundation (MiSK) on the procurement on a BOT basis of a district cooling provider for the 4.77 million square metre MiSK City Development.

The firm: Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 1,200 lawyers in 22 offices in the United States, Europe, the Middle East and Asia. The firm also represents hundreds of clients with new ventures and mid-sized companies in emerging industries.

The firm has handled matters in over 160 countries on six continents and is consistently recognised for the results it obtains, its uncompromising commitment to quality and its dedication to understanding the business and culture of its clients.

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Intellectual property
Patent, trade mark and copyright litigation
International arbitration and litigation
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Intellectual property
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Number of lawyers : 1100+ firmwide
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Contact : Jawad Ali (office managing partner)
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