Ali Abedi
Derayah LLPC – Saudilegal
Derayah LLPC – Saudilegal
Client SatisfactionDerayah LLPC – Saudilegal acts on complex and high-profile banking and finance transactions, bringing broad sector expertise to its clients. The team is most notably proficient in Islamic and project financing, PPPs, and governmental and export credit agency finance transactions. Led by Ali Abedi , a specialist in cross-border asset and project finance transactions, the practice has been further strengthened by the addition of Basel Barakat, who joined from Baker McKenzie Law Firm in early 2024.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The Derayah team is versatile and available to cover most legal topics that arise in various jurisdictions in the GCC.'
- 'It is generally a very high quality team both in terms of availability and consistency of its legal advice.'
- 'Ali Abedi stands out.'
Key clients
- Saudi Binladin Group Company Limited
- Citigroup, Inc.
- Industrial and Commercial Bank of China
- Riyad Bank
- Abu Dhabi Islamic Bank
- Apicorp
- Al Majal Al Arabi Group Company
- Tamasuk Holding Company
- Warba Bank
- ACWA Power
Work highlights
- Advising in connection with the transformation program involving the recapitalization plans of Saudi Binladin Group Company Limited.
- Advising the Industrial and Commercial Bank of China in connection with a syndicated loan of $11 billion (SAR 41.25 billion) to the Government of the Kingdom of Saudi Arabia for funding a budget deficit.
- Advising Tamasuk Holding Company in relation to its financing arrangements for two clusters of the NEOM Construction Village, a 10,000-worker accommodation camp, providing facilities for the labourers who will be involved in the construction, planning and execution of the NEOM Project over a 10-year period.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Ali Abedi