Once a small walled city, Riyadh has developed into a dynamic
metropolis over the years and has become, in addition to being the center of
power in the Kingdom of Saudi Arabia, the focal point for trade, finance,
travel, and is considered as the business center of the Middle East. This due to the government
of the Kingdom of Saudi Arabia promoting growth in the private sector by privatising industries such as power and telecommunications. A lot of these new private conglomerates and companies’ headquarters are located in Riyadh, along with the majority of banking headquarters.
As the world’s fastest reforming economy, the momentum behind this economic transformation is undeniable. It is therefore no surprise that, in just three years, Saudi Arabia has risen from 76th to 23rd position in the World Bank’s Ease of Doing Business Index and is currently number one in the Middle East.
Guiding the drive toward greater competitiveness, job creation and economic diversification are the Economic Cities. These are mega projects in the form of integrated cities of the future. They are private-sector ventures which take full advantage of Saudi Arabia’s pre-eminence as the energy capital of the world and its strategic location as a major hub between East and West. The Economic Cities will offer investors an unparalleled, business-friendly environment within a globally competitive regulatory and incentive-offering framework.
The Riyadh office has consistently provided comprehensive advice on the full range of corporate, commercial, financial, intellectual property, and real estate matters to serve the needs of major local and international clients in Riyadh and other areas of the Kingdom of Saudi Arabia, and has also represented clients on a number of cross-border transactions.
Our highly experienced team of attorneys in the Riyadh office offer extensive familiarity and knowledge of the laws of the Kingdom of Saudi Arabia in all aspects of intellectual property matters, mergers and acquisitions, and dispute resolution. Our team includes attorneys licensed in local law
as well as other international jurisdictions, have an acute sense of the Saudi market and the needs of local and international clients, and are geared to focus on providing practical, innovative, and efficient legal solutions that help our clients succeed.
