Middle East - Saudi Arabia

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar

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Led by corporate and capital markets expert Nabil Issa, King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar has extensive expertise in capital markets work both on a conventional and Islamic basis. The group is particularly knowledgeable in transactions and structures regulated by the Saudi Arabian Capital Market Authority as well as work relating to listed Real Estate Investment Trusts, and is praised by clients for its ‘deep and extensive knowledge of regional fund management regulation and applicable fund structures’. James Stull, who advises on a wide variety of public and listed funds and whose knowledge of matters relating to financial services and funds structuring is described as ’unmatched’, is also a key contact.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Deep and extensive knowledge of regional fund management regulation and applicable fund structures.’

  • ‘Exceptional knowledge, excellent turnaround time and follow up.

  • 'James Stull has a depth of knowledge and experience in funds structuring and financial services that is unmatched.'

Key clients

  • Riyad Capital
  • Jadwa Investment Company
  • Islamic Development Bank
  • Al Bilad Capital
  • Al Rajhi Capital
  • SEDCO Capital
  • Ashmore Investments Saudi Arabia
  • Franklin Templeton
  • Alkhabeer Capital
  • NMG Workspace Solutions LLC
  • Azmeel Contracting Company Limited
  • Al Wasatah Al Maliah (Wasatah Capital)

Work highlights

  • Acted as restructuring counsel for Azmeel Contracting Company Limited in relation to a transaction representing the first time Perpetual Sukuk have been used in connection with a restructuring under the Law, and which is likely to set a precedent for further restructurings in the Kingdom.
  • Representing US company NMG in relation to the acquisition of a stake in a joint venture with Gulf Medical in Jeddah to operate a design and construction company focused on the healthcare sector, involving an innovative sukuk structure to maximize tax efficiency and meet local ownership rules.
  • Assisted ADS Investment Solutions Limited in the establishment of ADS Smart Funds OEIC ICC Ltd, the first incorporated cell company in the ADGM regulated as a fund.

Practice head

The lawyer(s) leading their teams.

Nabil A. Issa

Other key lawyers

James Stull