A&O Shearman is a multinational law firm with a longstanding presence in the Middle East. Its Riyadh office combines Saudi law capability with the firm’s international network and advises clients on complex domestic and cross-border matters. The Saudi practice is led by managing partner Hosam Ibn Ghaith, with key partners including Mohsin Suleman, Mosaed AlAjeel and Shaima Bakhsh. The firm has significant capabilities across banking and finance, capital markets, corporate and M&A, project development and project finance, as well as public law and government regulatory work.

Key clients
Ajlan & Bros Holding Group, Al Rajhi Banking and Investment Corporation, Kingdom of Saudi Arabia, Royal Commission for Riyadh City, and Saudi Telecom Company.


Highlights  
The firm advised Saudi Telecom Company (stc) on establishing a $5 billion trust certificate issuance programme and its inaugural $2 billion dual-tranche sukuk issuance. The transaction used an innovative manafae structure under which stc’s broadband data services form the underlying Shariah-compliant asset base.

The firm advised Ajlan & Bros Holding Group on the SAR1.04 billion sale of 100% of Pure Beverages Industry Company to Almarai Company. The firm also advised the Royal Commission for Riyadh City on the establishment of Riyadh Biotech City, a flagship project designed to develop a specialised biotechnology ecosystem in Saudi Arabia.

Testimonials
“Good client handling; fair billing; fast turnaround times and understandable advice.” – M&A

“Mohsin Suleman is recognised for his responsiveness, fair billing practices, clear and practical advice, and excellent client handling.” – M&A