Global law firm Ashurst has received official approval from the Ministry of Justice to operate in the Kingdom of Saudi Arabia. This milestone follows a decade-long strategic alliance with Faisal Adnan Baassiri Law Firm. The newly established entity, Ashurst Law Firm, is poised to assist both domestic and international clients in navigating the intricate legal landscape of Saudi Arabia.
With a dedicated team of lawyers situated in Jeddah and Riyadh, the firm’s Saudi division provides comprehensive advisory services across various practice areas, including banking and finance, corporate matters, projects, and disputes. Led by Faisal Baassiri, the team brings extensive industry expertise in key sectors such as energy and resources, transport and infrastructure, and real estate. Their profound understanding of Saudi culture, laws, and business methods enhances the firm’s ability to cater to the unique needs of clients.
Paul Jenkins, Global CEO at Ashurst, commented on the development, saying, “We have a well-established and successful Middle East offering, with dedicated teams spread across Abu Dhabi, Dubai, Jeddah, and Riyadh. We are delighted to continue our relationship with Faisal Adnan Baassiri Law Firm through the newly approved entity, Ashurst Law Firm. This is an exciting development and demonstrates our full commitment to maintaining our presence and supporting our global and local clients in the Kingdom.”
Faisal Baassiri, the managing partner of the firm’s Saudi offices, expressed gratitude, stating, “We would like to thank the Saudi Ministry of Justice for approving our license application. Saudi Arabia is undergoing a period of rapid and far-reaching change, both as a society and as an economy. There are significant opportunities in the region, and we look forward to continuing to support our clients to capitalize on all of these.”