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Dario Sabaghi

Dario Sabaghi

Dario Sabaghi is a correspondent for Law.com International in the Middle East. He writes about lawyers and legal issues across the region, including stories related to the business of law, global and domestic law firms, in-house legal departments and regulatory issues. He can be reached at [email protected].

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July 02, 2024 | International Edition

Baker McKenzie Acquires RHQ Saudi License & Majority Interest in Local Firm

The firm has been granted a Regional Headquarter License for its Riyadh-based office.

By Dario Sabaghi

2 minute read

June 26, 2024 | International Edition

A&O Shearman Advises on First Major Restructuring Under UAE Bankruptcy Law

A&O Shearman advised UAE-based Drake & Scull International on a pioneering $1.1 billion debt restructuring, marking the first major case under the UAE Bankruptcy Law.

By Dario Sabaghi

2 minute read

June 20, 2024 | International Edition

White & Case, Latham Advise on Saudi Aramco's $11.2 Billion Share Offering

Aramco's secondary offering is the largest equity capital markets offering in the Middle East since Saudi Aramco's IPO in 2019.

By Dario Sabaghi

3 minute read

June 17, 2024 | International Edition

Latham and Cleary Advise on $2 Billion Lenovo-Saudi Public Investment Fund

Lenovo, plans to sell a $2 billion zero-coupon convertible bond to Alat and establish a MEA headquarters and a new manufacturing facility in Riyadh.

By Dario Sabaghi

2 minute read

June 13, 2024 | International Edition

Saudi Arabia Considers Relaxing Regulations For Foreign Law Firms

Saudi Arabia is consulting on plans to relax restrictions on foreign law firms in a significant change that would allow partners to establish fully non-Saudi-owned and operated offices in the Kingdom.

By Dario Sabaghi

3 minute read

May 28, 2024 | International Edition

White & Case Named in $1.83B Lawsuit Tied to Malaysia State Fund Scandal

1MDB states that it was misled into believing that PetroSaudi was owned by the late Saudi King Abdullah.

By Dario Sabaghi

5 minute read

May 22, 2024 | International Edition

Global law firms advise Mubadala On Completion of Fortress Acquisition

Following the transaction, Fortress management holds a 32% equity interest, giving them the right to appoint a majority of the board.

By Dario Sabaghi

4 minute read

May 17, 2024 | International Edition

White & Case, Linklaters, Ibrahim & Partners Advise on Dubai Supermarket IPO

Lawyers from across the Middle East, London and the US worked on the Spinneys IPO, which led to an implied market capitalization of around $1.5 billion.

By Dario Sabaghi

2 minute read

May 02, 2024 | International Edition

UK and US Lawsuits Seek Accountability for Environmental and Financial Justice in the Middle East

The U.K. suit, filed by Hausfeld against oil giant BP, alleges health damages caused by flaring practices, while in the U.S., a class action suit filed against Lebanese financial institutions on behalf of depositors alleges financial misconduct and violations of federal racketeering laws.

By Dario Sabaghi

3 minute read

May 01, 2024 | International Edition

Al Tamimi, Paul Hastings Advise Microsoft-G42 on $1.5B Deal in the UAE

Al Tamimi & Company and Paul Hastings have advised a $1.5 billion investment between big tech Microsoft and the Abu Dhabi-based Artificial Intelligence…

By Dario Sabaghi

3 minute read