The firm will expand on an existing relationship with Faisal Adnan Baassiri Law Firm
Ashurst has been granted a licence by the Ministry of Justice to practice law in the Kingdom of Saudi Arabia.
Building on a 10-year strategic alliance the firm previously had with Faisal Adnan Baassiri Law Firm, the newly approved entity, Ashurst Law Firm (LLPC), sees the firm continue to support both domestic and international clients as they navigate the unique legal landscape in Saudi Arabia.
The firm's Saudi team, consisting of lawyers in both Jeddah and Riyadh, advise clients across a full spectrum of practice areas, including banking & finance, corporate, projects and disputes.
Led by Faisal Baassiri, the team has extensive industry expertise in key sectors such as energy & resources, transport & infrastructure and real estate, and a thorough understanding of Saudi culture, laws and business methods.
"We have a well-established and successful Middle East offering, with dedicated teams spread across Abu Dhabi, Dubai, Jeddah and Riyadh", said Paul Jenkins, global CEO at Ashurst. "We are delighted to continue our relationship with Faisal Adnan Baassiri Law Firm, through the newly approved entity, Ashurst Law Firm (LLPC). This is an exciting development and demonstrates our full commitment to maintaining our presence and supporting our global and local clients in the Kingdom."
Ahurst is the latest firm to be granted a foreign law license by the Saudi Ministry of Justice to operate directly in the Kingdom of Saudi Arabia following reform to the country’s legal licensing model.
Managing partner of the firm's Saudi offices, Faisal Baassiri added: “Saudi Arabia is undergoing a period of rapid and far reaching change, both as a society and as an economy. There are significant opportunities in the region and we look forward to continuing to support our clients to capitalise on all of these."
