Over the years, Hatem Abbas Ghazzawi & Co. (formerly Abbas F. Ghazzawi & Co.) has been at the forefront of legal developments in Saudi Arabia, advising BP and Royal Dutch Shell in connection with their participation in the Saudi Arabian Gas Initiative known as Core Venture 1, advising the lenders in a limited recourse financing of the first Independent Power Project in Saudi Arabia, advising the project company in the development and construction of the first Independent Water Project in Saudi Arabia, and acting as counsel to the issue in the first Initial Public Offering under the new Capital Market Regulation.

Because we are an independent firm, a major part of our practice is to act as local counsel on the instructions of international law firms, which include Allen & Overy, Ashurst, Cleary Gottlieb Steen & Hamilton, Clifford Chance, Davis Polk & Wardwell, Latham & Watkins, Linklaters, Milbank Tweed Hadley & McCloy, Shearman & Sterling, Skadden Arps, Simpson Thacher & Bartlett, and Slaughter & May.

 

 
 

Chambers Global 2011

 
  "This local law favourite has earned the trust of some of the world's top lenders thanks to its technical expertise, local knowledge and client service ... This firm has had a diverse array of work over the past year, thanks to the team's excellent reputation and its appreciation for the nuances of the Saudi market ... Clients laud the breadth of this firm's corporate and commercial offering, which ranges from day-to-day advisory work to acting on complex, multi-jurisdictional transactions. The team blends local knowledge and experience with a high level of client service and product quality ... This firm continues to be a top choice for regional and overseas clients seeking disputes advice in Saudi Arabia."
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IFLR 1000, 2011 edition

 
  The Jeddah-based firm has an established presence and remains a respected contender in the market. The firm is praised by clients as one says: "The reality is that when you get to the major project finance deals there are relatively few firms that have worked on major deals and Hatem is one of them, and that experience is reassuring to the inter-national market from a banking perspective."
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  European Legal 500,
2011 edition
 
 

Hatem Abbas Ghazzawi & Co. had
a busy year in the capital markets field, with well-respected specialists Asad Abedi and Andreas Haberbeck advising Royal Sun Alliance affiliate Al Alamiya Insurance Co on the $53m initial public offering of 30% of its share capital. On the conventional finance front, Ali Abedi acted for the lenders on a facility to provide working capital to Shuaibah Water
& Electricity Company.
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      saudilegal 2011