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, utilized a Shari’ah-compliant commodity murabaha structure and was provided by a club of nine Saudi and regional banks. […]
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
Deal & transactions
E-Commerce
Saudi Arabia
A&O: Aljazira Capital invests in Floward Pre-IPO investment round
Aljazira Capital (‘AJC’) has led Floward’s USD 156 million Series C Pre-IPO investment round with the support of Allen & Overy. The investment round was led by AJC, STV, L.P. and Rainwater Partners. The
The Foreign Law License granted to Latham & Watkins by the Saudi Ministry of Justice marks a significant milestone in the firm’s long-standing relationship with Saudi Arabia. With the license in hand, Latham will
Herbert Smith Freehills has been granted a foreign law firm licence by the Kingdom of Saudi Arabia, allowing the firm to establish an office in the capital city of Riyadh. Herbert Smith Freehills has
Addleshaw Goddard (AG), the multinational law firm, has announced that it is seeking regulatory approval to open a new office in Riyadh, the capital city of Saudi Arabia. AG has seen significant growth in its
