Clyde & Co Expands Saudi Presence With Jeddah Launch
This week, Law.com International ranked Clydes as the largest international law firm in the region.
May 01, 2024 at 08:42 AM
3 minute read
Law Firm Office Launches and ClosuresJeddah. Credit: Sainuddeen / Adobe Stock Clyde & Co has opened its second office in Saudi Arabia with the launch of an operation in Jeddah.Corporate and advisory partner Mohammed Almarzouki, a licensed lawyer in Saudi Arabia, a qualified solicitor in England and Wales, and an attorney in the State of New York, will lead the new office. He joined Clyde & Co in 2023 has been advising Saudi and multinational corporations and family businesses in Jeddah for over 10 years.Ranked the largest international law firm in the Middle East in Law.com International's Middle East Top 30, published this week, Clyde & Co. became the second such outfit to win a licence under the kingdom's Regional Headquarters (RHQ) Programme earlier this year.The Jeddah team also includes Lamisse Bajunaid, an expert in Clyde & Co's intellectual property, technology, and commercial group, who has over a decade of experience advising international, regional, and local entities in Saudi Arabia, the firm said in a statement.According to Law.com International research, Al Tamimi & Co., Dentons, Baker McKenzie and Ashurst are the only other Top 30 Middle East-based firms to have offices in Jeddah, the trading capital of Saudi Arabia.Sara Khoja, partner and chair of Clyde & Co's Middle East and Africa Board said the new office would enable the firm to offer Jeddah-based conglomerates access to a local team to support their growth, with full access to a global network of over 60 offices."The kingdom continues to be an important part of the firm's regional development plan and our broad offering provides clients with an integrated approach in two of the biggest markets in Saudi Arabia. Clyde & Co. also supports many of the largest regional conglomerates on their legal requirements in the Middle East and across their global networks," she added.The addition of the Jeddah office brings the firm's Saudi Arabia-based team to seven partners and over 24 locally-based legal professionals. They will advise clients across the kingdom on aviation, corporate and commercial, data protection, dispute resolution, employment, energy, marine and trade, insurance, intellectual property, projects and construction, real estate, and regulatory and investigations."The opening of our Jeddah office is the latest milestone in expanding our offering in Saudi Arabia and aligns with our teams' expertise in Jeddah's key growth sectors," Abdulaziz Al-Bosaily, managing partner, Saudi Arabia, said."We have been advising clients in Jeddah for many years, and the new office will solidify our commitment to supporting private and public sector growth in the western region."The firm's Saudi practice has grown significantly in the last 12 months as market opportunities gather momentum. The new RHQ licence followed the appointments of corporate partner Mohammed Almarzouki and dispute resolution partner, Anas Alswailem in 2023.
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