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 secure cloud provider with a presence in the United Arab Emirates, Saudi Arabia and Oman. The acquisition, subject to regulatory approvals, will […]
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
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) have reached an agreement to establish a 50:50 Joint Venture (JV) in Saudi Arabia, operating under the name AS&H Clifford Chance. The move
Global law firm Clyde & Co continues rapid expansion in Saudi Arabia with the appointment of new corporate partner in its Middle East and Africa (MEA) region, Mohammed Almarzouki (pictured). Based in the firm’s
