Global law firm Norton Rose Fulbright appoints Abdulkhaliq Elshayyal (pictured) as partner in its Saudi banking and finance practice.
Elshayyal, who recently joined from Clifford Chance, will be based in the firm’s associated office in Riyadh, and will work alongside partners Mohammed Altammami and Anwar Ouazzani of The Company of Mohammed A. Altammami for Legal Services (LOMAT) and Norton Rose Fulbright partner David Johnston to expand the firm’s Saudi banking and finance offering.
With extensive experience in Shariah-compliant and conventional banking and financing transactions, Elshayyal has been in Riyadh since 2014 and has advised leading Saudi Arabian, Middle Eastern, and international corporates, banks, and financial institutions on high-profile and complex matters. He has also provided advice on Saudi Arabian financial regulatory matters, including developments to legislation, to entities such as the Saudi Central Bank and Saudi Arabian ministries and government-related entities.
Elshayyal qualified and worked in London before being based in Riyadh with two market-leading law firms. He recently spent nine months on secondment to a regional sovereign wealth fund.
Norton Rose Fulbright head of Middle East Mohammed Paracha commented:
“We are excited to have entered into a new association with The Company of Mohammed A. Altammami for Legal Services and that a lawyer of Abdulkhaliq’s calibre has joined us in Riyadh. Given Saudi Arabia’s growth trajectory and investment strategy, there is strong demand for banking and financing advice. Abdulkhaliq has extensive experience in advising clients in Saudi Arabia, the Middle East and internationally on complex, cross-border transactions. We are delighted to welcome him to our practice.”
Norton Rose Fulbright head of Saudi Arabia Mohammed Altammami commented:
“Abdulkhaliq has on-the-ground experience gained at international law firms and in-house. Banking and finance is a key area for us and he extends our offering to our clients in Saudi Arabia and around the world.”