Linklaters enters into formal agreement with Saudi Arabian firm, Zamakhchary & Co
- Agreement creates stronger Linklaters presence in Saudi Arabia, supporting national, regional and international clients
- Two senior Linklaters lawyers to be based in Saudi Arabia in agreement with Zamakhchary & Co
Linklaters has entered into an agreement with leading Saudi Arabian firm, Zamakhchary & Co. that will initially see two senior Linklaters lawyers locate to Saudi Arabia, to offer on-the-ground support to Linklaters clients operating or executing deals in the Kingdom as well as developing opportunities with Zamakhchary & Co.
The agreement follows the two firms having worked in close partnership for several years on international and cross-border matters, with a particular focus on transactions in Corporate/M&A, Capital Markets, Banking & Islamic Finance and Project Finance.
Scott Campbell, Managing Partner, Middle East, Linklaters said, “Linklaters has had an important presence in the Middle East for more than 30 years, playing a leading role on the largest and most complex corporate and financial transactions. This agreement will significantly extend our ability to serve clients in Saudi Arabia most notably as the Kingdom’s transformational ‘Vision 2030’ plan is rolled out. We are particularly delighted that one of our leading lawyers, Omar El Sayed, will be relocating from our Dubai office to lead our operations in Saudi Arabia.”
Monaji Zamakhchary, Partner and Managing Director of Zamakchary & Co. said, “We are very pleased to have signed this agreement with Linklaters which will allow the two firms to deliver a world class full service offering to clients within the Kingdom. We have been working closely with Linklaters for a number of years and look forward to expanding our on the ground presence and foothold in the Saudi market together”.
Linklaters has a strong presence in the region with offices in Dubai and Abu Dhabi acting as a hub for the firm’s activities in MENA. Working closely with colleagues in Europe, Asia and the United States, the firm provides a closely integrated and multi-jurisdictional service. The firm has extensive experience of advising a range of government organisations and privately-owned businesses, acting on transactions throughout the region, including in the United Arab Emirates, Saudi Arabia, Kuwait, Iraq, Bahrain, Oman, Jordan, Lebanon and Egypt.
Zamakhchary & Co. is unique amongst Saudi Arabian law firms in having a true full service Saudi law offering carried on from within its local practice that covers litigation, regulatory and transactions/advisory matters to international law firm standards. Its head office in Riyadh, along with a smaller presence in Jeddah, together employ over 20 lawyers, including Saudi nationals at the junior, senior and partner levels.