Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited, stands as a market leader in Saudi Arabia’s banking sector, garnering the attention of prominent domestic banks and businesses. Their remarkable expertise extends to project financing and Islamic finance, with a distinguished team led by Ian Siddell, boasting a wealth of twenty-seven years of experience in Islamic and project financing, with a keen focus on multi-sourced and export credit agency-supported financings. In addition, Basel Barakat, Delwar Hossain, and Fatima Alhasan, contribute to the firm’s esteemed reputation in the financial landscape.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Baker & McKenzie team has great expertise and vast know-how in the Saudi Arabian Market.’

  • ‘Ian Sidle is probably the best banking and finance lawyer in the Saudi Market, with vast experience for over than thirty years in the kingdom. Ian is the go-to lawyer for large banking and finance transactions and debt restructuring deals.

  • Hossain Delwar is known for his responsiveness, ability to deploy resources to tackle banking transactions, and deep expertise in relation to structuring banking products and financing transactions. ’
  • ‘Very friendly, competent and solutions oriented. Very responsive.’

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Key clients

  • Saudi Arabian Mining Company (Ma'aden)
  • Banque Saudi Fransi
  • Samba Financial Group / Samba Capital
  • Saudi Binladin Group Company Limited
  • The National Commercial Bank
  • Arab National Bank
  • ACWA Power International
  • Al Rahji Banking and Investment Corporation
  • HSBC Saudi Arabia / The Saudi British Bank
  • The Saudi Investment Bank
  • Gulf International Bank B.S.C / GIB Capital
  • Arab Petroleum Investment Corporation (APICORP)
  • ABC Islamic Bank (E.C.)
  • Olayan Saudi Holding Company
  • Saudi Arabia Ministry of Finance
  • Saudi Electricity Company
  • SNB Capital Company
  • Khair Inorganic Chemical Industries Company (InoChem)
  • Mohammed I. Alsubeaei & Sons Investment Company (MASIC)
  • Abdullah Ibrahim Mohammed Alsubeaei Holding Company (AIMS Holding)
  • Abdulrahman Saleh Al - Rahji and Partners Company
  • Bank AlJAzira
  • Thakher Development Company (TDC)
  • Islamic Corporation for the Development of the Private Sector (ICD)
  • Olayan Saudi Holding Company
  • Saudi Arabia Ministry of Finance
  • Saudi Electricity Company
  • Saudi Electricity Company
  • SNB Capital Company
  • Khair Inorganic Chemical Industries Company (InoChem)
  • Mohammed I. Alsubeaei & Sons Investment Company (MASIC)
  • Abdullah Ibrahim Mohammed Alsubeaei Holding Company (AIMS Holding)
  • Abdulrahman Saleh Al - Rahji and Partners Company
  • Bank AlJAzira
  • Thakher Development Company (TDC)
  • Islamic Corporation for the Development of the Private Sector (ICD)

Work highlights

  • Advising in connection with the transformation program involving the recapitalization plans of Saudi Binladin Group Company Limited.
  • Acted for HSBC Saudi Arabia as legal counsel to the facility agent and lenders in relation to a SAR 10 billion syndicated financing to Saudi Electricity Company (SEC).
  • Acting for Tadawul listed Methanol Chemicals Company (Chemanol) in relation to SAR 695 million murabaha based refinancing and expansion project financing facilities from Banque Saudi Fransi and Alinma Bank.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Ian Siddell
Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited

Practice head

The lawyer(s) leading their teams.

Ian Siddell, Basel Barakat

Other key lawyers

Delwar Hossain, Fatima Alhasan