Linklaters secures licence to operate in Saudi Arabia
Linklaters is pleased to announce that it has been granted a licence by the Ministry of Justice of the Kingdom of Saudi Arabia to practise law from a new Linklaters office in Riyadh.
The new office, the firm’s third in the Middle East alongside Dubai and Abu Dhabi, will be led by existing Linklaters partners Waleed Rasromani (corporate) and Omar El Sayed (banking) as well as new Linklaters partner Amro Bakhaidar, who is a leading specialist in equity capital markets and public M&A transactions in Saudi Arabia. Amro has experience across a wide range of corporate and capital markets transactions including IPOs, rights issues, public M&A, securities issuances, private placements, investment funds and general corporate regulatory and advisory work. He has advised local, international and government entities on transactions in the energy, shipping, banking, insurance, real estate, petrochemical and pharmaceutical industries.
Jonathan Fried, Linklaters Middle East Managing Partner said: “We would like to thank the Ministry of Justice of the Kingdom of Saudi Arabia for approving our licence application. The licence, combined with our decade-long experience, will allow us to continue to deploy our capabilities and expertise across multiple practice areas and sectors in support of our clients in the Kingdom. We would like to thank our clients, old and new, who continue to place their trust in us in relation to their most important matters.”