• K&A successfully completes work on largest M&A deal in KSA history

    After months of complex advice and assistance, K&A successfully assisted SABIC in completing what is the largest acquisition in Saudi Arabian history. Saudi Aramco announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) for a total purchase price of SAR 259.125 billion (US$ 69.1 billion).   Continue reading

  • Khoshaim & Associates Advises on Complex Acquisition Involving a Share Swap Structure for Treasury Shares in a Listed Company

    K&A advised Kingdom Investment and Development Company (KIDC), a wholly owned subsidiary of Kingdom Holding Company (KHC), in relation to a sale and purchase of shares equal to 54.56% of Care Shield Holding Company (CSHC) (by way of a share swap and cash consideration). KIDC signed a Share Swap Agreement with Dallah Healthcare Company (DHC), Continue reading

  • K&A Managing Partner interviewed by Oxford Business Group

    K&A Managing Partner, Zeyad S. Khoshaim, sat down with Oxford Business Group in a video interview to discuss Saudi Arabia’s legal framework. Amongst the topics discussed were Saudi Arabia’s reforms to: (i) further attract foreign direct investment; (ii) ensure a transparent and robust capital markets; (iii) and enhance rules that govern dispute resolution and arbitration. Continue reading

  • K&A Dominates Legal 500 with Tier 1 rankings

    For the second year in a row, K&A became the only Saudi Arabian law firm to have been ranked Tier 1 in the four core practice areas for the Legal 500 2020 rankings. K&A was specifically ranked Tier 1 in Capital Markets, Banking and Finance, Commercial, Corporate and M&A, and Dispute Resolution.   K&A also has Continue reading

  • K&A Establishes COVID-19 Pandemic Legal Response Team

    Our thoughts and prayers are with all those impacted by the current severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) pandemic (“COVID-19 Pandemic”).   This is to let you know that K&A has setup its systems and personnel to continue to serve its clients during these times. K&A’s systems allow our team access to each other Continue reading

  • K&A Expands its Partnership

    K&A announces the promotion of two of its highly respected lawyers, Leen Zaza and Nasser Alrubayyi, to join the K&A partnership. Ms. Zaza is a New York qualified lawyer, who is an expert on M&A and corporate transactions, shareholder relationships, private equity, and foreign direct investment. She led on high profile M&A transactions in Saudi Continue reading

  • K&A Announces opening of new Jeddah Office

    Tuesday, 10th of December 2019 K&A, is pleased to announce the opening of a new office in Jeddah, Saudi Arabia. This will be K&A’s first office opening outside of its Riyadh main office.   K&A’s Jeddah office comes on the back of K&A serving a first-tier list of corporate clients in Saudi Arabia’s western region, Continue reading

  • Amro Bakhaidar joins K&A as Counsel

    Thursday, 28th of November 2019 Amro Bakhaidar joins K&A as Counsel K&A is pleased to announce the addition of Amro Bakhaidar, as Counsel, to its Tier One Capital Market Practice. Amro is a senior lawyer who has significant experience in a wide range of capital market transactions including IPOs, rights issue, private transactions, investment funds, Continue reading

  • K&A dominates IFLR 1000 Rankings

    Sunday, 10th of November 2019 K&A has been ranked Tier 1 in ALL practice areas for the IFLR 1000 2020 rankings. IFLR1000 is the guide to the world’s leading financial law firms and lawyers. We were specifically ranked Tier 1 in Banking, Capital Markets: Debt and Equity, M&A, Project Development and Project Finance. Congratulations to Continue reading

  • K&A wins M&A Law Firm of the Year by IFN Law Awards

    Congratulations to the K&A mergers and acquisitions team for winning M&A Law Firm of the Year by IFN Law Awards 2019!   IFN Law awarded K&A the prestigious IFN Law Award for best law firm of the year in the M&A category. Competition for this award ranged from national firms to global firms. IFN examines the Continue reading

  • Hamdan van den Brule joins K&A as Counsel

    Monday, 26 August 2019 K&A is pleased to announce the addition of Hamdan van den Brule, as Counsel, to its tier 1 Finance & Projects practice. With more than 17 years of experience in the field, Hamdan has extensive knowledge of Saudi Arabian law and specializes in project development, construction contracts (FIDIC or others), Islamic Continue reading

  • K&A Acts on the Three Billion Euro Bond Issuance from Saudi Arabia

    K&A, along with its association firm A&O, advised the Ministry of Finance of the Kingdom of Saudi Arabia on its € 3 billion (equivalent to around SAR 12.6 billion) global bond issuance under its Global Medium-Term Notes Programme (GMTN). This is the first Euro issuance from Saudi Arabia, and it has received significant interest from investors worldwide, Continue reading

  • Khoshaim & Associates Advises on the Largest M&A Transaction in Saudi Arabian History

    K&A advised the Saudi Arabian Basic Industries Corporation (SABIC) in relation to the acquisition by the Saudi Arabian Oil Company (Saudi Aramco) of 70% of its shares from the Public Investment Fund (PIF), a landmark transaction worth USD 69.1 billion. The transaction was structured as a private sale transaction under the Capital Market Authority’s Merger Continue reading

  • IFLR 1000 Rankings (2019)

    K&A was ranked Tier 1 in ALL practice areas for the IFLR 1000 2019 awards. IFLR 1000 is the guide to the world’s leading financial law firms and lawyers. We were specifically ranked Tier 1 in Banking, Capital Markets, M&A, Project Development and Project Finance. We are extremely proud of the team for working so Continue reading

  • K&A wins Saudi Arabia Deal of The Year

    K&A is proud to be the winner of two awards from Islamic Finance News: the Saudi Arabia Deal of The Year and the Real Estate Deal of The Year. The Saudi Arabia Deal of The Year and Real Estate Deal of The Year relate to the SAR 11 Billion sukuk program to be issued by Continue reading

  • K&A advises on the establishment of Saudi Real Estate Refinance Company’s domestic sukuk programme

      Khoshaim & Associates (K&A) together with its cooperation firm Allen & Overy (A&O), have advised HSBC Saudi Arabia as sole arranger on the establishment of a SAR 11 billion domestic sukuk issuance program for Saudi Real Estate Refinance Company (SRC). The team advising HSBC Saudi Arabia on the establishment of the programme was led Continue reading

  • U.S.$ 7.5 billion bond issuance in January 2019 from Saudi Arabia comes to market with guidance from K&A

    K&A advised the Ministry of Finance of the Kingdom of Saudi Arabia on U.S.$ 7.5 billion (equivalent to SAR 28.12 billion) global bond issuance under its Global Medium-Term Note Program. This issuance has received significant interest from investors worldwide, with the order book peaking at U.S.$ 27.5 billion (equivalent to SAR 103.12 billion). The issuance Continue reading

  • K&A New Joiners 2019

    K&A is excited to welcome its 2019 class of trainees joining from top universities in the Kingdom of Saudi Arabia and the United Kingdom, both undergraduates and graduates. K&A’s mission is to elevate the practice of law in Saudi Arabia by recruiting, retaining and advancing the brightest legal talents. Through the training programs, students and Continue reading

  • K&A Promotes Three Senior Associates to Counsel

    K&A is pleased to announce the promotions of three of its Senior Associates to Counsel, effective January 2019. Imtyaz Sattar: Imtyaz joined K&A in 2012. Imtyaz is a Canadian qualified lawyer (Ontario) with over 20 years’ experience in various jurisdictions and a wide range of commercial and corporate matters including private acquisitions, joint ventures, strategic Continue reading

  • K&A advises on first share exchange “business merger” between Sipchem and Sahara

    K&A is advising the Saudi International Petrochemical Company, (SIPCHEM), in relation to its potential SAR 16 Billion “merger of equals” with Sahara Petrochemicals Company, (Sahara). The transaction is structured as a share swap, where Sipchem will offer shares in itself to the shareholders of Sahara, in exchange for all of Sahara’s shares, resulting in Sahara Continue reading

  • K&A advises on a $2 billion sukuk issuance

    K&A acted as issuer’s counsel to Saudi Electricity Company (SEC) on its USD 2 billion five-year and a ten-year Islamic sukuk. SEC, a Saudi Arabian publicly listed company — is the only entity in the kingdom that works on the transmission and distribution of electric power through 45 power generation plants in the country. Advising Continue reading

  • K&A advises the Saudi Electricity Company on its SAR 8 billion Murabaha Facility

    K&A advised the Saudi Electricity Company (SEC) on its SAR 8 billion Murabaha Facility (the Facility). The Facility is co-financed by Banque Saudi Fransi, the National Commercial Bank, Samba Financial Group, Arab National Bank, JP Morgan Chase Bank, NA., Riyadh Branch and the Saudi British Bank. The Facility is being used to finance SEC’s diverse Continue reading

  • K&A advises ACWA Power on significant stake acquisition by PIF

    RIYADH –Khoshaim & Associates have advised the International Company for Water and Power Projects (ACWA Power) on its issuance and sale of 15.2% of ACWA Power’s issued share capital, to the Public Investment Fund (PIF) in the Kingdom of Saudi Arabia. The entire investment was in the form of a capital increase and the proceeds Continue reading

  • K&A advises KCA Deutag on its acquisition of Saudi Arabian land drilling business of Dalma Energy LLC

    K&A advised KCA Deutag, a leading global drilling and engineering contractor, on its acquisition of the Saudi Arabian businesses of land drilling contractor Dalma Energy LLC (Dalma). The transaction, which was part of a global acquisition, signed on 4 March 2018 and completed on 30 April 2018, consolidates KCA Deutag’s position as the world’s premier Continue reading

  • USD11 billion bond issuance from Saudi Arabia comes to market with guidance from joint K&A and A&O team

    Khoshaim & Associates, and its cooperation firm, Allen & Overy, have advised the Ministry of Finance of the Kingdom of Saudi Arabia on the USD11bn bond issuance under its Global Medium Term Note Program.  The transaction received significant interest from international investors, with the order book peaking at USD52bn. The issuance consisted of three tranches Continue reading