Shearman & Sterling is a multinational law firm with about 23 office locations around the world. The firm has advised clients in the Middle East for more than 40 years and has a presence in Riyadh through an association with The Law Firm of Dr. Sultan Almasoud. 

Focusses / specialisms 

In banking, the firm advises on all aspects of deal financing transactions, with project finance being a distinct area of strength and focus for the firm. 

The firm has an active capital markets team, whose expertise spans both debt and equity. The team provides high-profile clients with advice across the kingdom’s main hubs, with an impressive body of work spanning Saudi IPOs, rights issues, private placements, employee share option plans and CMA regulations. 

Its corporate team offers advice on M&A, private equity, joint ventures and corporate reorganisations to regional and international investors across a range of sectors. 

Key clients 

NEOM Company, Dow Chemical Company, ACWA Power, SMBC, K-EXIM, Islamic Development Bank, Engie, Wafra Investment, National Commercial Bank, Amaala, Dussur, Tabuk Agriculture Development Company (TADCO), Jabal Omar Development Company, Bin Dayel Group, NOMW Capital, Alsalam Aerospace Industries Company, Five Capital Partners, The Saudi Arabian Industrial Investments Company (Dussur), National Unified Procurement Company, Saudi Investment Recycling Company and NEOM Company.