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Kareem is based in the Al Khobar office of LOSK, providing a wide range of corporate, commercial and financial legal advisory services to Saudi and international clients. Kareem’s experience spans 8 years of corporate/commercial transactional work, including banking and finance, M&A, joint ventures, real estate, corporate finance, competition law, risk and compliance, employment, commercial agreement, advising on aircraft sales, purchases and leases and cross-border transactions.
Kareem graduated from the University of Sussex in 2006 with an LLB in Law with French Law and qualified as a solicitor in England in 2013. He moved to Al Khobar from Qatar. He is fluent in French.
Some examples of his experience include:
Recent Key Transactions
- KSA counsel to an international bank on a USD285m facility for the acquisition of a target company in Jordan and repayment of existing loans within the borrower group.
- KSA counsel for the borrower on a USD60m Murabaha financing facility.
- Advising Chinese company acting as main contractor for SWCC on desalination plant construction project and related documents, including but not limited to EPC contracts, O&M contracts and related subcontracts.
- Advising on a CHF 15m cross-border sale of cooking equipment on a deferred payment basis.
- Part of the team which advised Banque Saudi Fransi on and carried out comprehensive review and restructuring of conventional and Islamic facility letters, master terms, security documents and other supporting documents.
- Advised on employment regulations and employment contracts, as well as saudisation and social insurance requirements.
- Advised on a number of incorporation of local and foreign owned companies and branches in the KSA.
- Acted as lead counsel in a number of M&A transactions in the Kingdom of Saudi Arabia by both local and foreign investors in a variety of industries, including but not limited to offshore energy, construction, food and hostelries.
- Lead advisor on leasing of plot of land and purchase of factory from the Saudi Investment Property Authority.
- Acting as counsel in the Kingdom of Saudi Arabia in relation to acquisition and leasing of aircrafts by the IAFC in compliance with the General Authority of Civil Aviation.
- Assisted as counsel in the Kingdom of Saudi Arabia for purchaser on a USD200m Murabaha financing facility.
- Acted as counsel in the Kingdom of Saudi Arabia for the lender on a USD 40m financing facility.
- Acted for Etisalat Telecommunications Corporation in relation to formation of strategic alignment policy as applied to subsidiaries in the Kingdom of Saudi Arabia and internationally.
- Advised on distribution and agency agreements in a variety of commercial transactions in the Kingdom of Saudi Arabia.
- Advised on international franchising agreements, including IP, real estate, employment and corporate aspects.
- Advised international companies on the requirements of the Saudi Food and Drug Industry on the requirements for appointing a local distributor and authorised representative for distribution of products in the KSA.
- Assisted and advised as counsel for the lender in the Kingdom of Saudi Arabia on a SAR40m Murabaha financing facility for the construction of schools for charitable purposes.
- Advised international client on immigration and nationality requirements in relation to the laws of the Kingdom of Saudi Arabia.
- Participated in drafting, reviewing and collating documents in relation to an USD90b sale, purchase and lease of eight aircrafts in the Kingdom of Qatar.
- Advising on privacy and data protection issues within Qatar and the offshore jurisdiction of the QFC in relation to the transfer of medical, technological and financial information.
- Advising on the registration of patented drugs in Qatar and the protection of manufacturers vis-a-vis distributors and agents.