Linklaters provided legal counsel to Tokio Marine & Nichido Fire Insurance Co. (TMNF) in its sale of a 5.75% stake in Arabian Shield Insurance Company, a publicly listed Saudi Arabian firm, to Alinma Bank. This transaction marks a significant step for Tokio Marine Holdings in achieving its strategic goals of optimizing capital efficiency and broadening […]
The Saudi Civil Code, which came into force on 16 December 2023, marks a significant milestone in the modernization of the Saudi legal system. This comprehensive codification of contract and property law replaces the previously applied Sharia
Banking & Finance
Healthcare, Pharma & Life Sciences
Saudi Arabia
Linklaters: Saudi German Health Launches US$400m Sukuk
Global law firm, Linklaters has recently provided legal advisory services to Middle East Healthcare Company, commonly known as Saudi German Health, in establishing a SAR 1.5 billion (approximately US$400 million) public sukuk issuance program. The sukuk,
Opinions
Qatar
Saudi Arabia
United Arab Emirates
ESG in the Arbitration Arena: Balancing Act or Game Changer?
With Suzan Taha Step into the world of arbitration with LegalcommunityMENA’s exclusive interview featuring two legal luminaries, Peter Smith and Patrick Gearon from global law firm Charles Russell Speechlys. As we explore the
Capital Markets
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
Transport
United Arab Emirates
Al Arabia Secures $142M Advertising Contract with Dubai’s RTA
The UAE subsidiary of the Saudi-listed Arabian Contracting Services Company, (Al Arabia), has signed a significant advertising billboard contract with Dubai’s Roads and Transport Authority (RTA). The deal, valued at 522.84 million UAE dirhams ($142.35 million),
FTI Consulting, Inc. has successfully obtained a Regional Headquarters License (RHQ) from the Ministry of Investment of Saudi Arabia. This newly acquired license underscores the firm’s unwavering commitment to bolstering its presence and enhancing
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KN&P Facilitates Al-Akaria’s Sidrat Al Ula Agreement
Saudi Real Estate Co. (“Al-Akaria”) has inked a significant Development Management Agreement, facilitated by KN&P. This agreement, signed with the Royal Commission for Al Ula and Al Ula Development Company, paves the way
Capital Markets
Industrial
Saudi Arabia
Services
Transport
K&A guides a complicated private share swap transaction
In a significant development in the car leasing industry, Khoshaim & Associates (K&A) has successfully advised the Saudi Economic and Development Holding Company (SEDCO) on a complex private share swap transaction. The agreement,
The Saudi Fund for Development has signed a funding agreement with the Tunisian government, committing 55 million US dollars (approximately 173 million dinars) to a project aimed at renovating Tunisia’s phosphate transport railway network. The project,
Global law firm Latham & Watkins has welcomed 19 counsel to the partnership, effective March 1. These promotions highlight the firm’s commitment to excellence and client service across various practice areas. This announcement follows the
