Khalid is a Partner in our Corporate and Capital Markets practice.

He has extensive experience in advising multinationals and major Saudi Arabian corporates in connection with corporate restructuring, cross-border mergers, joint ventures, securitisation, shareholders agreements, capital markets law, foreign direct investment and privatisation matters. Also, Khalid has extensive experience in advising in various real estate and employment laws. He drafted and reviewed various Saudi regulations and policies.

Relevant experience

• Advising Aujan Industries on the sale of approximately half of the equity in its beverage business to Coca Cola. This transaction has a value of US$980 million.
  M&A Deal of the Year - ALB The Brief Middle East Law Awards
• Advising Savola Group on the its acquisition of shares in Savola Foods Company and Azizia Panda United Company from Al Muhaidib Holding Company
• Advising the Carlyle Group on its acquisition of a 42% stake in the Alamar Foods Company
  Finance Monthly Deal Maker of the Year Awards 2013
• MTC Zain in relation to Capital Restructure (reduction and increase).
  Equity Deal of the Year - IFLR Middle East Awards
• Clifford Chance advises on major real estate M&A transaction in Saudi Arabia
  13 April 2016
• Clifford Chance advises Amanat Healthcare and its affiliates on the acquisition of a 35% beneficial interest in Sukoon International Holding CJSC
  13 August 2015
• Clifford Chance advises Saudi Ground Services on its IPO and listing on the Saudi Stock Exchange
  24 June 2015 

Career & qualifications

• Faculty member, Institute of Public Administration, 1987-1997
• Legal Advisor, Royal Court, 1997-2002
• Legal Advisor, The Court of the Crown Prince, 2000 - 2002
• Senior Associate, Al-Jadaan & Partners Law Firm 2003
• Partner, Al-Jadaan & Partners from 2008 to 2013
• Partner, Clifford Chance from 2014 to 2018 (Seconded to AS&H 2016 to 2018)
• Senior Partner, AS&H from 2019
  

Awards and citations

• Khalid Al-Abdulkareem has a broad corporate and commercial practice that includes transactional work and joint venture advice. He has noteworthy experience of representing public-sector clients.
  Chambers Global 2016: Corporate & Commercial - Saudi Arabia
• Khalid Al-Abdulkareem advises on equity capital markets matters and has significant experience of assisting clients with major IPOs and rights issues.
  Chambers Global 2016: Capital Markets - Saudi Arabia
• Khalid Al-Abdulkareem is recognised for his strength in equity capital markets and public M&A. He acted for Bank Al-Jazeera on its SAR1 billion capitalisation issuance.
  Chambers Global 2015: Capital Markets – Saudi Arabia
• Khalid Al-Abdulkareem has a broad corporate practice advising many of the kingdom's most high-profile companies in M&A, corporate restructuring and joint venture agreements.
  Chambers Global 2015: Corporate & Commercial – Saudi Arabia

Clifford Chance publications and insights

• Foreign investors permitted to own 100% of companies operating in the wholesale and retail trading sectors in Saudi Arabia
  27 July 2016
• Saudi CMA announces further liberalisation of the Saudi equity market in 2017
  6 May 2016
• Saudi Arabian Ministry of Commerce and Industry (MOCI) issues new set of template constitutional documents for companies
  20 March 2016
• Saudi Arabia – New Companies Law
  21 December 2015
• New Saudi Arabian Companies Law
  11 November 2015
• Foreign manufacturers may soon be allowed to distribute their products in Saudi Arabia through wholly-owned subsidiaries
  10 September 2015
• Saudi Arabia opens stock market to Qualified Foreign Investors from 15 June 2015
  19 May 2015
• Structuring joint ventures in Saudi Arabia: what every foreign investor should know...
  30 October 2014
• An overview of recent developments at the Saudi Arabian General Investment Authority
  3 September 2014
• An overview of recent developments at the Saudi Arabian General Investment Authority
  3 September 2014
• Saudi Arabia opens public consultation on its QFII Rules for direct foreign ownership of Saudi listed shares
  25 August 2014
• Saudi Arabia plans to open its stock market to allow foreign investment
  24 July 2014
• LLC directors in Saudi Arabia - do they have fiduciary duties?
  2 June 2014
• Saudization Update 2011
  1 September 2011