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 of Saudi Arabia, on its SAR1.2 billion (approximately USD322 million) initial public offering (IPO) and listing of ordinary shares on […]
The Law Firm of Salman M. Al-Sudairi and Latham & Watkins have advised SNB Capital, HSBC Saudi Arabia, Morgan Stanley Saudi Arabia and Citigroup Saudi Arabia as the underwriters of Saudi Aramco Base Oil Company –
White & Case and The Law Office of Megren M. Al-Shaalan have advised power and communications cables maker, Riyadh Cables Group Company (“RCG”), on its initial public offering on the Main Market of the Saudi
Al Tamimi & Company has made six new Partner promotions, taking the Partner count at the firm to 88, across its 17 offices in 10 countries. The new partner appointments underline Al Tamimi & Company’s expertise and
Food & Beverage
IPOs
Saudi Arabia
United Arab Emirates
Americana Restaurants USD1.8bn dual listing on ADX and Tadawul
Americana Restaurants has successfully completed its landmark initial public offering (IPO) and first ever dual listing on the Abu Dhabi Securities Exchange (“ADX”) and the Saudi Stock Exchange (“Tadawul”). The institutional investor tranche, which
Al Tamimi & Company relocates to new premises in the Eastern Province of the Kingdom of Saudi Arabia (“KSA”), as part of their KSA growth plans. The move will see the firm in Al Khobar
Abuhimed Alsheikh Alhagbani Law Firm (“AS&H”) in co-operation with Clifford Chance has advised Al Rajhi Capital as sole arranger and lead manager in relation to the establishment of the SAR 10 billion Al Rajhi
Deal & transactions
Energy & Trading
Saudi Arabia
Eversheds Sutherland advises on Saudi’s latest solar PV project
Eversheds Sutherland has advised the Ministry of Energy and the Saudi Power Procurement Company (“SPPC”) on the successful commercial close of the 2060MW Shuaibah 2 Solar PV Project, in Al Shuaibah, Makkah province. The project,
The Power and Water Utility Company for Jubail and Yanbu’s (“Marafiq”) has become a publicly traded company on the Saudi Stock Exchange (“Tadawul”). Marafiq raised SAR 3.36 billion (USD 897 million) through its initial public offering (“
White & Case has promoted 26 lawyers to local partner and 14 lawyers to counsel. Six of the promoted local partners are based in Dubai and Riyadh. “Our local partner and counsel promotions span ten global practices
