Basel Barakat
Derayah LLPC – Saudilegal
Derayah LLPC – Saudilegal
Client SatisfactionWith an established local presence in Saudi Arabia, Derayah LLPC – Saudilegal’s projects and energy team excels in advising lenders and borrowers on complex and precedent-setting project financings. The team is well equipped to serve domestic and international clients, guiding them on local regulatory requirements in a variety of sectors. The team is helmed by Ali Abedi, who specialises in privatisation, joint ventures and project finance. The team���s reach was extended with the arrival of Jeddah-based Basel Barakat from Baker McKenzie Law Firm. Barakat joined the team in early 2024, contributing his expertise in traditional financing and structuring services for project developers. Dana Halwani also comes recommended for projects and energy-related disputes.
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 KSA. It is also generally a very high quality team both in terms of availability and consistency of its legal advice.'
- 'Ali Abedi stands out.'
Key clients
- Tamasuk Holding Company
- Al Majal Al Arabi Group Company
- Saudi Binladin Group Company Limited
- Riyad Bank
- Apicorp
- Saudi National Bank
- Warba Bank
- Abu Dhabi Islamic Bank
Work highlights
- Advising Tamasuk Holding Company concerning its financing arrangements for two clusters of the NEOM Construction Village.
- Advising Al Majal Al Arabi Group Company concerning its financing arrangements for two clusters of the NEOM Construction Village.
- Advising Saudi Binladin Group Company Limited concerning its multi-option Islamic financing facilities relating to the construction of King Saud University and its amendments.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
The lawyer(s) leading their teams.
Ali Abedi