Hatem Abbas Ghazzawi & Co

Saudi Arabia

Reviews

Practice area

IFLR1000 Reviews

Financial and corporate

Hatem Abbas Ghazzawi & Co is one of the Saudi Arabia’s leading independent domestic firms for project finance and capital markets advice. In both areas the firm is regularly mandated on some of the jurisdiction’s largest deals by both banks and corporates. Foreign clients says it is astute at navigating the country’s regulatory landscape.

In the project finance area the firm has been busy working on a number of large developments for lenders. Its most significant transactions have included the $8 billion Petro-Rabigh petrochemicals complex expansion, the Jizan Air Separation Unit BOO (build-own-operate) project, and several confidential IPP projects. 

The firm’s recent notable capital markets transactions were all regulatory capital Tier 1 sukuk (Islamic bond) issues for the National Commercial Bank, which it advised on three sukuks valued at SR1 billion issue, SR2 billion and SR2.7 billion.