AS&H Clifford Chance’s established team advise on complex and high-value capital market transactions across both equity and debt. Known for frequently serving as issuer’s counsel on IPO offerings, the team is also well-equipped to advise on rights issues, capital increases and block trades. The practice recently served the Saudi Stock Exchange and the Capital Market Authority, offering counsel on listing rules and regulatory transformations within the Saudi Arabian Stock Exchange. Heading the team are Mansoor Alhagbani, who leads on the high-profile IPOs and complex ECM matters, and Yasser Al-Hussain, who heads the DCM division. Supporting them on the ECM side are Majid Al-Sheikh and Omar Rashid, while Ahmed Choudhry and Ibrahim Al-Mansour bolster the DCM practice.

Baker McKenzie Law Firm’s team advises its high-profile clients on a full spectrum of capital market transactions, with deep expertise in IPOs, rights issuances and private placements in the Kingdom. Alongside the ECM division, the DCM division offers extensive experience in structuring inaugural Sukuks. The team is co-led by Riyadh-based Karim Nassar, who leads the team’s major IPO transactions, and Bahrain-based Delwar Hossain, who leads the DCM team.

Khoshaim & Associates team is highly skilled across the full range of equity financing structures such as IPOs, rights issues, secondary offerings, private placements and investment funds. The team also boasts a strong DCM division with expertise in handling complex, large-scale Sukuk transactions. The team is led by managing partner Zeyad Khoshaim, who advises multinational corporations on IPOs, rights issues, sukuks and securities matters. Underscoring his experience, Khoshaim also sits on the advisory committee to the Capital Market Authority. Khoshiam is strengthened by Ghaida Meaigel, who specializes in IPOs and securities and fund-related matters.

The Linklaters team bring ‘tremendous experience’ to complex debt and equity capital markets offerings, including sukuks, IPOs, private placements, tender offers, and debt and equity swaps. The team recently advised the Public Investment Fund (PIF) on its inaugural sukuk issuance. Leading the practice are three seasoned experts: Dubai-based Jonathan Fried advises the largest sovereigns, banks and corporates on a broad range of capital markets matters; Dalia Nammari, also in Dubai and described as ‘the firm’s shining star’, heads the DCM practice; and Riyadh-based Amro Bakhaidar who was recently appointed head of ECM and regularly executes complex IPOs.

Latham & Watkins LLC’s practice covers ECM and DCM transactions and is distinguished for its advisory role in some of the largest and most innovative IPO offerings in Saudi Arabia. The team recently acted as underwriter’s counsel on MBC Group’s IPO offering – the first media IPO on the Saudi Stock exchange. The practice also stands out for their regulatory expertise and advice on rights issues. The team is led by Salman Al-Sudairi who acts on major IPO transactions with expertise spanning both ECM and DCM. Meanwhile, Najla Al-Gadi strengthens the team's ECM offering, bringing extensive experience in IPOs and other securities offerings.

The White & Case team comprises three divisions: equity capital markets, corporate agency and trusts, and debt capital markets. The full-service team boasts specialities in IPOs, rights issues, Islamic Finance, project bonds, securitisations and green bonds. The team recently served as issuer counsel for Saudi Aramco’s secondary public offering, marking the largest such offering in EMEA since 2000. Leading the team is Dabashis Dey, a specialist in complex issuance programmes and Islamic finance, and Sami Al-Louzi, a leading figure in ECM and IPOs.

AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP‘s well-rounded team specialise in equity and debt crowdfunding, rights issues, and advisory services for the Saudi Parallel Market and transfers to the Saudi Exchange Main Market. Thamer AlQasem co-leads the team, and provides expertise in IPOs and structuring investment deals, while also advising on regulatory matters for government ministries. Co-head Ibrahim AlSultan leads on corporate services and advises on the dissolution and liquidation of private companies.

King & Spalding’s practice is renowned for establishing innovative transaction structures for complex shareholder arrangements, often working in highly regulated investment sectors. The team also excels in advising on sukuks, parallel stock exchange listings and fund-related matters. The team is helmed by Nabil Issa, who divides his time between Riyadh, Abu Dhabi and Dubai. Issa, a specialist in investment restructurings, acts primarily for private equity firms, and government and quasi-governmental clients. Meanwhile, James Stull is a trusted counselor for investment fund matters.

Norton Rose Fulbright’s team is well-equipped to advise on the full spectrum of transactions undertaken by public companies across both equity and debt capital markets. Given its longstanding relationship with the Saudi Capital Market Authority, the team is experienced navigating CMA regulations, and both the main and parallel stock markets. The practice is headed by Dubai-based Hamed Afzal, an expert in both DCM and ECM, who also frequently oversees regional takeovers and restructurings.

SuhailPartners LLP stands out for its advisory work on Prime Market and Nomu matters, private placements, fund formations and restructurings. The team is well-connected with government-related bodies as well as private and publicly listed companies. Managing partner and practice head Fahad AlDehais Al Malki has been praised as ‘one of the most knowledgeable individuals’ within the profession, with extensive experiences across all types of ECM transactions.

Hourani & Partners is a boutique regional firm which provides a range of capital market services as part of their corporate offering. The team deliver regulatory-compliant advice on rights issues, capital raising, restructurings and IPOs onto the Parallel Market (Nomu). Hayel F. Hourani leads the team and offers a wealth of experience on securities and shareholder matters across equity and debt markets.

Renowned for its ‘exemplary’ knowledge of capital market regulations, the Law Firm of Hassan Mahassni advises clients on IPO preparation, securities, funds and restructurings. The team is led by Faisal Linjawy, an experienced adviser to CMA-licensed entities on related transactions, and Husam El-Khatib, who guides private companies through capital markets licensing and application processes.