Global law firm Norton Rose Fulbright has entered into an association with The Company of Mohammed A. Altammami for Legal Services. Riyadh-based partners Mohammed Altammami and Anwar Ouazzani of The Company of Mohammed A. Altammami for Legal Services will be joined by banking and finance lawyer Abdulkhaliq Elshayyal, formerly from Clifford Chance, and Norton Rose […]
Appointments
Banking & Finance
Saudi Arabia
Ziad Touma named chief legal officer at Asyad Holding Group
Saudi-based investment management company, Asyad Holding Group has appointed Ziad Touma (pictured) as its chief legal officer. Touma brings a wealth of experience to the role, having served in a number of senior
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
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
