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 comes with full support from the Clifford Chance global partnership, as the company has had a presence in Saudi Arabia for many years […]
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
Capital Markets
Energy & Trading
Saudi Arabia
DLA Piper with Saudi Tabreed on major equity investment by
DLA Piper Middle East provided legal counsel to the Saudi District Cooling Company (‘Saudi Tabreed’) on its recent 30% equity investment by the Public Investment Fund (‘PIF’), a sovereign wealth fund. As a major district cooling
Deal & transactions
Food & Beverage
Saudi Arabia
Almarai completes acquisition of International Dairy and Juice
Almarai Investment Holding, a unit of the largest dairy company in the Middle East, Saudi Arabia’s Almarai, has acquired full ownership of International Dairy and Juice Limited (IDJ), a former joint venture with PepsiCo
Banking & Finance
Deal & transactions
Egypt
Saudi Arabia
Riad & Riad and Fintech Buddy Saudi Arabia join forces
Fintech Buddy Saudi Arabia, a one-stop shop platform that provides professional services for startups and foreign companies (sponsored by The Law Firm of Nasreen Alissa), signed a Memorandum of Understanding (MoU) with Riad & Riad
International law firm Clyde & Co has hired senior corporate and commercial lawyer Anas Alswailem (pictured) as a partner in its Middle East and Africa (MEA) Region. Alswailem will be based in the firm’s
Al Tamimi & Company has appointed Philip Kotsis (pictured) as its new Head of Saudi Arabia. The role is a first of its kind in Saudi for the law firm and demonstrates the firm’s
Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Arabian Internet and Communications Services Company (“solutions by stc”) on the acquisition of 100% of Contact Center Company (“ccc by stc”) from Saudi Telecom Company and ESM Holdings. Valued at
Banking & Finance
Saudi Arabia
Transport
International Maritime Industries establishes new maritime fund
Global law firm White & Case has advised International Maritime Industries, on the establishment of GMF Global Maritime Fund RAIF, a new independent Cyprus-based maritime fund. Based in Saudi Arabia, International Maritime Industries is a
Fashion, Luxury & Design
IPOs
Saudi Arabia
Alsaif Gallery completes SAR1.2 Bil IPO and listing on Tadawul
The Law Firm of Salman M. Al-Sudairi and Latham & Watkins have advised Al-Saif Stores for Development & Investment Company (“Alsaif Gallery”), which operates in the home appliances and kitchenware retail sector in the Kingdom
