From MENA to the WORLD The legal system of the Kingdom of Saudi Arabia (KSA) has a long and complex history that can be traced back to the pre-Islamic period, when the region was governed by a system of tribal laws and customs. In the modern era, the legal system of Saudi Arabia is based […]
Global law firm Dentons has provided legal counsel to the Islamic Development Bank (IsDB) on the issuance of USD2 billion trust certificates as part of its USD25 billion trust certificate issuance programme. The transaction, which
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco acquires 10% Stake in China’s Rongsheng Petrochemical
Saudi Arabian Oil Company (Aramco) has recently signed definitive agreements to acquire a 10% stake in Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion (USD 3.6 billion). The acquisition deal will bolster Aramco’s downstream presence in China
Global law firm Dentons has become one of the first international law firms to receive a foreign law firm license from the Ministry of Justice in Saudi Arabia. Working in partnership with The Law Firm
Banking & Finance
Saudi Arabia
Services
Baker McKenzie on Saudi Electricity Company SAR10B financing
Baker McKenzie has acted as legal counsel for the facility agent and lenders involved in a syndicated financing deal for Saudi Electricity Company (SEC), represented by Allen & Overy. The financing, worth Saudi Riyal 10 billion,
International law firm Linklaters bolsters its global footprint with the expansion into Saudi Arabian Market. The firm has been granted a license by the Ministry of Justice of the Kingdom of Saudi Arabia to practice
Deal & transactions
Saudi Arabia
TMT
United Arab Emirates
DLA Piper: Zain Group ventures into E-Sports and Cloud Services
ZainTech, the one-stop digital and ICT solutions powerhouse of Zain Group, advised by DLA Piper Middle East, has entered into a USD45 million agreement for the complete acquisition of BIOS Middle East, a regional managed
Global law firm White & Case has provided legal counsel to Goldman Sachs International on a warehouse securitisation worth up to USD150 million. The transaction involved buy now, pay later (BNPL) receivables originating from Nakhla
Addleshaw Goddard, a prominent international law firm, has recently announced the addition of another key partner to its upcoming office in Riyadh, Kingdom of Saudi Arabia. The new hire, Amar Meher (pictured), will lead the
Banking & Finance
Deal & transactions
Saudi Arabia
Dentons advises on Saudi’s Shareek program first round of projects
Dentons has extended its counsel to Saudi Arabia’s Ministry of Investment (MISA) regarding seven out of twelve economic support agreements that are part of MISA’s initial set of projects backed by the Private
