Clyde & Co bags RHQ License; Reinforces Its Commitment To The Kingdom of Saudi Arabia
Its practice in the region has grown significantly in the last 12 months in line with market opportunities and client priorities
The largest international law firm in the Middle East, Clyde & Co, has announced the approval of its RHQ licence from The Ministry of Investment of Saudi Arabia (MISA). The firm's participation in the Regional Headquarters Program reinforces its long-term commitment to Saudi Arabia.
Clyde & Co has been operating in Saudi Arabia for 15 years with a blend of internationally trained local experts showcasing their team's deep understanding of the legal market in the Kingdom of Saudi Arabia (KSA).
Sara Khoja, the partner, and chair of Clyde & Co's Middle East and Africa Board, commented, "Clyde & Co's Middle East story started over 30 years ago and we have the largest footprint in the region. Saudi Arabia continues to be an important part of the firm's regional development plan, and our team in Riyadh has played an active role in driving forward initiatives aligned with Vision 2030."
Abdulaziz Al-Bosaily, the managing partner of Clyde & Co's office in the KSA stated, "This exciting development cements and confirms our dedication to our clients, specifically public bodies and government agencies in the Kingdom. This year, we have also spent a significant amount of time advising clients across various sectors on their own RHQ requirements, and I look forward to continuing working alongside them."
His Excellency the Minister of Investment, Khalid A. Al-Falih, expressed, “We commend Clyde & Co for their enduring role in the Saudi Arabian legal market and welcome the approval of their Regional Headquarters license in the Kingdom. This significant milestone is anticipated to bring forth valuable contributions and advancements in our legal landscape in the coming years.”
Clyde & Co has the largest presence in the Middle East. It is one of the most experienced international law firms in the region, providing a full-service offering across key business sectors and practice areas. The firm's Saudi Arabia office has seven partners and over 30 local-based legal professionals. They advise international and domestic businesses exploring emerging commercial opportunities and the legal considerations of doing business in The Kingdom.