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 […]
Corporate
Deal & transactions
Saudi Arabia
Services
United Arab Emirates
Beeah Group Launch Joint Venture for Waste Solutions in Medina
Guided by Group Chief Legal Officer Shaun Johnson (pictured), Beeah Group, a trailblazer in sustainability and digitalization, has established a joint venture with the Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of the
Clifford Chance has acted as issuer’s counsel to SAL Logistics Services Co. on its SAR 2.544 billion (approx. US$678.4 million) landmark IPO with an implied market capitalization at listing of SAR 8.84 billion (approx. US$ 2.261 billion),
Sultan Almasoud, Head of Shearman & Sterling‘s Riyadh office in association with The Law Firm of Dr. Sultan Almasoud, has been appointed to Saudi Arabia’s Capital Markets Authority (CMA) advisory committee. Almasoud’s
Deal & transactions
Industrial
Saudi Arabia
PIF and Pirelli Announce Joint Venture for Saudi Tyre Plant
Legal Advisors Abdulaziz Alajlan & Partners, in collaboration with Baker McKenzie offices in London, Milan, and Dubai, have provided legal counsel to the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, in
Mishcon de Reya, a prominent UK law firm, is making significant strides by applying to establish its presence in Riyadh, Saudi Arabia, reflecting the Kingdom’s growing economic importance to global clients. The firm’
Kirkland & Ellis, the international law firm boasting a formidable team of 3,500 lawyers across the U.S., the UK, Europe, and Asia, has set its sights on the Middle East with the establishment of a
Capital Markets
Saudi Arabia
Saudi Ministry of Investment Sets Minimum Capital Requirements for Foreign
The Ministry of Investment in Saudi Arabia has unveiled new guidelines and minimum capital requirements for foreign companies looking to obtain licenses for wholesale and retail trade activities with full ownership in the Kingdom. The
NEOM, Saudi Arabia’s ambitious development project, is set to embark on a transformative journey in the logistics sector with a groundbreaking USD 10 billion logistics joint venture alongside DSV-Global Transport and Logistics, with GLA &
Capital Markets
Industrial
Saudi Arabia
Meysan Partners Saudi advises on Salumco’s 33.33% stake sale
Meysan Partners Saudi has provided comprehensive legal counsel to the shareholders of Saudi Aluminum Industries Company (‘Salumco’) throughout the sale of a 33.33% stake in the company to Increase Industrial Development Co, a prominent Saudi group
