STAT advised Al Yamamah Company for Reinforcing Steel Bars on its SAR 270 Million Yanbu steel facility, underscoring our role in major cross-border industrial projects supporting Vision 2030.

STAT was named Equity Capital Markets Legal Adviser of the Year at the GBM Awards Saudi Arabia 2026, reinforcing our role in supporting Vision 2030 and advancing Saudi Arabia’s capital markets infrastructure.

STAT issued the ISDA Notices Hub legal opinion for Saudi Arabia, advancing legal certainty for critical notices under master agreements and supporting Vision 2030 and global market infrastructure.

STAT advised on the SAR 504M majority stake sale in United Mining Industries, setting new standards in legal excellence and supporting Vision 2030 and global investment.

STAT is proud to announce the appointment of our Partner, Yazeed Altoaimi, to the Board of Directors of the Saudi Bar Association by decision of His Excellency the Minister of Justice, further strengthening STAT’s leadership in Saudi Arabia’s legal sector.

STAT advised the Capital Market Authority on drafting the Close-out Netting and Related Collateral Arrangements Regulation, enhancing Saudi Arabia’s capital markets legal framework.

STAT is pleased to announce that Ruba Alharthi has rejoined the firm as Counsel, bringing extensive experience in project development, finance, and cross-border transactions.

STAT advised the Saudi Central Bank (SAMA) on drafting the Close-out Netting and Related Collateral Arrangements Regulation, published as a key milestone for Saudi Arabia’s financial markets and announced at the Capital Markets Forum 2025 in Riyadh.

STAT advised the Tourism Development Fund and Riyad Bank on a Shariah-compliant financing agreement with Dana Bay Tourism Company for the development of a luxury mixed-use beach resort in Saudi Arabia’s Eastern Province.

STAT advised Bank AlJazira on its second issuance of up to SAR 1,000,000,000 Sukuk under its perpetual Additional Tier 1 Capital Sukuk Programme, offered by private placement in the Saudi market.

STAT advised Al Khair Capital Saudi Arabia Company on the SAR500,000,000 Sukuk Issuance Programme for Aqaseem Factory for Chemicals and Plastics, recently approved by the CMA as the second public Sukuk under the new regulations.

STAT advised The Saudi National Bank and the Saudi Banking Treasury Group, with oversight from the Saudi Central Bank (SAMA), on the development and implementation of Shariah compliant structuring solutions for IBOR migration in Saudi Arabia, including legal frameworks and contractual documentation to support the sector’s transition under regulatory reforms.