Middle East - Saudi Arabia
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Commercial, corporate and M&A

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Linklaters

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Linklaters has witnessed an uptick of corporate instructions relating to in-bound foreign investment in the Kingdom, particularly in the energy, infrastructure and real estate sectors. Additionally, the firm is regularly active for state-backed entities, advising on M&A, joint ventures, and venture capital transactions. Waleed Rasromani and Amro Bakhaidar co-lead the team, with the former reputed for his corporate and M&A work in the energy and infrastructure sectors and the latter for his skill in public M&A. Amro Bakhaidar and Mohammad Almania support across an array of practice mandates.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The two main partners in Riyadh, Waleed Rasromani and Amro Bakhaidar, are very knowledgeable, understand the needs of their clients and have a business oriented approach.’

  • ‘Waleed Rasromani has a unique understanding the needs of the client and how he approaches all stages of a deal, from due diligence to negotiations and closing. The dialogue with Waleed is always clear.'

  • 'Amro Bakhaidar is the most knowledgeable capital markets lawyer in Saudi Arabia.'

  • 'Amro and his team provide top advice, with the highest standards, and are able to move things forward effectively.'

Key clients

  • Hassana Investment Company
  • NEOM
  • SABIC Agri-Nutrients Company
  • BRF Foods GmH
  • Saudi Telecommunications Company
  • Mobile Telecommunications Company Saudi Arabia
  • Data Centers for Data and Communications Company
  • Saudi Electricity Company
  • Diriyah Gate Development Company
  • Tokio Marine & Nishdo Fire Insurance Company

Work highlights

  • Advising a statutory merger, whereby Alinma Tokio Marine Company merged into Arabian Shield which resulted in all of the assets and liabilities of Alinma Tokio Marine Company being transferred to Arabian Shield.
  • Advising stc on the acquisition and hedging of a 9.9%, €2.2bn, stake in Spanish telecom provider Telefónica.
  • Advising Saudi Electricity Company SEC on its investment in a 25% stake in Electric Vehicle Infrastructure Company, a wholly-owned company of the Public Investment Fund.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Waleed Rasromani
Linklaters

Practice head

The lawyer(s) leading their teams.

Waleed Rasromani, Amro Bakhaidar

Other key lawyers

Arwa Alfawzan, Mohammad Almania