Khalid A. AlArfaj

He has substantial experience in the energy sector, particularly in nuclear and renewable energy. As the first lawyer to join Saudi Arabia’s Atomic Energy Team at King Abdullah City for Atomic and Renewable Energy, Khalid played a pivotal role in drafting the Saudi Nuclear Law and negotiating international nuclear cooperation agreements.

Khalid is fluent in both Arabic and English.

• Corporate and Finance
  • Advising on public and private M&A, including advising Tronox Limited on the approximately USD $2 billion acquisition of the TiO2 business of the Saudi industrial giant Tasnee; advising a client on the acquisition of a financial company; and advising Al Ahlia Insurance Company on its merger with Gulf Union Cooperative Insurance Co.
  • Advising a client on a SAR 20,625,000 Murabaha facility agreement.
  • Advising on complex joint ventures, including a joint venture between NYSE-listed multinational power management company Eaton and Saudi Arabian holding company Abunayyan Holding. and a joint venture between Nasdaq-listed company Innospec and Saudi Arabian Global Technical Services Company Limited.
  • Advising current New Jersey company on its potential joint venture company in the Kingdom of Saudi Arabia.
  • Advising current joint venture company GESAT in negotiations with General Electric and Dussur.
  • Advising a client on several construction contracts matters related to the Riyadh Metro Project.
  • Incorporating several foreign-owned companies, such as Nasdaq-listed company Innospec Inc. and DevTech, and advising these international companies through long engagements with general legal, administrative and compliance matters in the Kingdom of Saudi Arabia.
  • Advising local companies, including AlAjlan Riviera, TTP Creative Agency and BIM Ventures, through long engagements with general legal, administrative and compliance matters in the Kingdom of Saudi Arabia.
  • Advising businesses on incorporation and corporate governance matters and on investment rounds, term sheets, subscription agreements and shareholders agreements.
  • Advising major international companies on compliance with Islamic law and corporate, commercial and labor laws in Saudi Arabia, and on venture capital transactions.
  • Advising e-commerce companies on compliance with Saudi laws and regulations.
  • Advising tech startups on drafting agreements and policies, including subscribers’ agreements, suppliers’ agreements and privacy policies.
  • Advising international clients on requests for proposals and tenders under the Saudi Arabian Tenders and Procurement Law and related matters.
• Capital Markets and Regulatory
  • Advising Aseel Financial Company on obtaining Capital Market Authority (CMA) approval to undertake its fintech activity as a platform for distribution of real estate investment funds.
  • Advising several clients on Investment Funds Regulation and Real Estate Funds Regulation.
  • Advising Sa’ah Capital on compliance with CMA’s regulations and with general legal and administrative matters to undertake its fintech activity as a platform for distribution of investment funds.
  • Advising clients on IPOs and rights offerings on Saudi Arabia’s main capital market (TASI) and drafting related due diligence reports, including: first-approved Nayifat Finance Company IPO (SAR 1.215 billion), Saudi Cable Company rights offering (SAR 250 million), Tihama Holding rights offering (SAR 100 million) and others.
  • Advising clients on their potential IPOs on Saudi Arabia’s parallel market (Nomu) after undertaking necessary legal due diligence and drafting related reports.
  • Advising clients on their transfer from Nomu to TASI.
  • Advising a public company listed on the TASI on its proposed capital increase through the acquisition of an asset.
  • Assisting companies in Saudi Arabia to prepare them for a potential IPO through restructuring, compliance with capital market regulations, corporate regulations, corporate governance rules and others.
  • Advising government entities and private companies on energy projects, including reviewing the draft Saudi Nuclear Law, as well as Saudi Arabia's nuclear cooperation agreements.
• Disputes
  • Advising a client in an international arbitration concerning a construction dispute valued at approximately USD $55 million.
  • Representing clients in the Committees for Resolution of Securities Disputes.
  • Representing various companies in the energy field, including Saudi Aramco, and advising on litigation and arbitration cases.
  • Advising and representing a client in a large bankruptcy case in the Kingdom of Saudi Arabia.
  • Advising and representing clients on major local and international cases.