denotes premium content | Sep 2 2010 
News
posted 22 May 2009
Eversheds extends Middle Eastern presence
INTERNATIONAL LAW firm Eversheds has formalised a relationship with Hani Qurashi Law Firm to progress its extensive Middle Eastern presence into Saudi Arabia.
Eversheds has worked with the local Saudi firm on many matters in the corporate, banking and real-estate sectors, including a significant number in the growing area of Islamic financing.
Hani Qurashi has bases in Jeddah and the capital Riyadh, and is run by founding partner Hani Al Qurashi and executive partner Hany Kassem, who lead a team of more than 20 lawyers. Eversheds already has offices in Doha and Abu Dhabi in the region.
Head of Islamic banking in the Middle East, Amjad Hussain, will lead the Eversheds team, assisted
by regional managing partner Christopher Jobson.
“We are pleased to see that there is much demand for our offering as an international law firm that truly understands the importance of being in tune with the conservative Islamic culture and environment in Saudi,” Hussain said.
Hani Al Qurashi said the Saudi government had “hugely ambitious” intentions as regards infrastructure, health, education, science and technology, which would serve the relationship well.
“The present downturn in the demand and price of oil is no impediment to the realisation of these plans given the reserves available to the Kingdom following the prudent management of the economy by the government,” he added.
In other news, Eversheds has announced the promotion of 32 new partners across its network of international offices, with London and South Africa gaining eight each. Over half of the promotions were in the firm’s company commercial practice.
Chief executive designate Bryan Hughes commented: “We are delivering on our strategy of international growth and networked law, offering innovative services delivered by exceptional individuals.”
