Latham & Watkins Receives Saudi RHQ License
Latham & Watkins has been granted a Regional Headquarters (RHQ) License from the Ministry of Investment of Saudi Arabia. With a presence in the Middle East since 2008, the firm currently operates from two offices located in Riyadh and Dubai. Latham & Watkins was among the pioneering international law firms to secure a Foreign Law License permitting practice in Saudi Arabia.
The RHQ, headquartered in Riyadh, will offer strategic guidance and managerial assistance across the MENA region. Leading this initiative will be Salman Al-Sudairi, Managing Partner of the MENA Region (pictured), and Safaa Arthold, Director of Administration for the MENA Region.
Saudi Arabian Minister of Investment, His Excellency Khalid Al-Falih, commented: “As Saudi Arabia continues to evolve as a vibrant global market, our dedication to expanding and diversifying the economy aligns with our strategic vision for sustainable growth and prosperity. The establishment of Latham & Watkins’ regional operations in Riyadh is a positive development, introducing their innovative approaches, legal expertise, and resources to our market.”
“This is an exciting development for the growth of our practice in the region and represents a significant opportunity to further establish our market leadership in this vibrant and fast-growing economy,” said Rich Trobman, Chair and Managing Partner of Latham & Watkins. “Saudi Arabia is a major hub for commerce, finance, and innovation, both within the Middle East and more widely, and the region represents an important pillar of our global growth strategy.”
Salman Al-Sudairi added: “We are delighted to receive our Regional Headquarters License, which marks another important milestone for our practice in this key market. Our regional headquarters in Riyadh will lead on setting our strategic vision for Saudi Arabia and the rest of the MENA region. From tech to energy, finance to sports, there is tremendous growth opportunity in this dynamic market, and we’re well-positioned to support our clients’ success in the region and beyond.”
Latham & Watkins’ existing offices in Riyadh and Dubai house a team of locally and internationally qualified attorneys with extensive experience practicing in the region.
