Leveraging its market leading banking and finance practice, Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited has a market-leading practice for funding the construction of large-scale infrastructure projects. The firm’s active client base, which includes local and national banks and large developers, spans the real estate, chemicals, healthcare and government sectors. The practice is headed by project finance specialist Ian Siddell, who splits his time between Saudi Arabia and Bahrain; and George Sayen, a senior legal adviser who co-leads the practice in Saudi Arabia. Strengthening the firm’s banking work, Basel Barakat and Gavin Witcombe, an experienced mediator and arbitrator, provide traditional financing, transactions and structuring services to various developers.
Testimonials
Collated independently by Legal 500 research team.
‘Very responsive, friendly, solutions oriented and competent.’
‘Worked closely with the members of the projects and banking and finance team, who are knowledgeable and commercially aware of recent developments and approaches to transactions in Saudi Arabia.’
Key clients
- Saudi Arabian Mining Company (Ma'aden)
- Banque Saudi Fransi
Work highlights
- Acted as legal counsel to HSBC Saudi Arabia in relation to a SAR 10bn syndicated financing to Saudi Electricity Company (SEC).
- Acting as legal counsel for Thakher Development Company and its major shareholder, Mohammed Alsubeaei & Sons Investment Company (MASIC), in relation to the circa SAR 4.357bn real estate financing for the purposes of a mixed-use development project in Mecca, Saudi Arabia.