The Egyptian General Petroleum Company has extended the contracts for three offshore drilling rigs operated by the Saudi Addis Holding Company. The move aims to boost Egypt’s oil and gas production and reduce import reliance. Details of the Extension: Rationale for the Extension: Mark Walim Aqladios (pictured) The group’s General Counsel for Legal Affairs, Mark […]
Deal & transactions
Saudi Arabia
Transport
Stadler Inks CHF600 Million Major Deal with Saudi Arabia Railways
Stadler, a Swiss company specializing in providing mobility solutions for railway transportation, has finalized a significant agreement with the Saudi national railway company, Saudi Arabia Railways (SAR). The agreement, valued at approximately 600 million Swiss francs,
Deal & transactions
Real Estate, Construction & Infrastructure
Saudi Arabia
KAFD DMC Accelerates Development Through Key Collaborations
At the recent Public Investment Fund’s (PIF) Private Sector Forum, The King Abdullah Financial District Development and Management Company (KAFD DMC) unveiled a series of groundbreaking partnerships and collaborations under the guidance of Chief
Capital Markets
Deal & transactions
Energy & Trading
Industrial
Oil & Gas
Saudi Arabia
TMT
Baker Hughes and Dussur Inaugurate Joint Venture in Saudi Arabia
Baker Hughes, a leading energy technology company, and Dussur, a consortium owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco, and SABIC (Saudi Basic Industries Corporation), announced the official inauguration of their joint
Clyde & Co, the global law firm with a significant presence in the Middle East, has secured the approval of its Regional Headquarters (RHQ) license from The Ministry of Investment of Saudi Arabia (MISA). This
Background
News
Saudi Arabia
Updates
Former Dentons Saudi head initiates legal action against company
Amgad Husein, the former managing partner of Dentons’ Saudi office, has taken legal action by filing a breach of contract claim against the firm in London. This move comes seven years after his departure from
Deal & transactions
Energy & Trading
Saudi Arabia
AS&H Clifford Chance with Nesma & Partners in Kent Acquisition
AS&H Clifford Chance provided legal counsel to Nesma & Partners, a leading Saudi Arabian contracting firm, on the completion of its acquisition of Kent, a prominent global energy services firm. With over four
International law firm, Baker McKenzie has served as legal counsel for lenders in a dual-tranche, multi-currency facility extended to Giza Systems and VAS Integrated Solutions, both subsidiaries of Saudi Telecom Company. The facility comprises a
Capital Markets
Saudi Arabia
Transport
Baker Botts Facilitates Swissport-Asyad Strategic Joint Venture
The Office of Mohanned bin Saud Al-Rasheed In Association with Baker Botts represented Swissport International in the formation of a strategic joint venture partnered with Asyad Holding Company to drive future growth in Saudi Arabia’
Simmons & Simmons has announced plans to expand its Middle East practice by opening a new office in Riyadh, marking its first presence in the Kingdom of Saudi Arabia (KSA). The KSA is one of
