Akin announced that Alexander Malahias has joined its corporate practice to co-lead the launch of the firm’s office in Riyadh expected later this year. And Malahias will be based in Akin’s Abu Dhabi office until the firm receives its final approvals on its application for a license to operate in Saudi Arabia.
Malahias has a wealth of experience advising government entities, sponsors, financial institutions, corporate and creditor clients on first-of-their-kind project finance transactions across Saudi Arabia, the United Arab Emirates (UAE) and across the Middle East. And his practice spans key sectors, including energy transition projects, large-scale tourism and real estate, oil & gas and petrochemicals, power and utilities and infrastructure. His arrival also further strengthens Akin’s energy transition team, enhancing the firm’s offering in this rapidly evolving space.
Akin’s expansion in Saudi Arabia is a major driver of its long-term growth strategy, and Malahias’ deep-rooted experience in the region makes him a valuable addition to the firm. And his extensive client relationships, particularly with Red Sea Global and NEOM, align with the firm’s practice strengths and reinforce our presence in the Middle East.
KEY QUOTES:
“Our upcoming launch in the Kingdom of Saudi Arabia is a critical piece of our long-term growth strategy and our existing practice strengths are purpose-built to serve the needs of the Kingdom. We continue to see sustained, long-term growth in the Middle East, and this is the next step in building out our capabilities in the region. Our clients are seeking trusted advisors with deep local insight.”
– Akin co-chair elect Abid Qureshi
“Alex is a dealmaker with a keen understanding of the Middle East legal landscape, and his extensive experience will be a great asset as we continue to grow our presence in the region. His presence in Saudi Arabia will allow us to provide seamless support to our clients across key jurisdictions.”
– Sebastian Rice, partner-in-charge of Akin’s international markets
“I am thrilled to join Akin at such a dynamic time for the firm and the Middle East market. Akin’s ambitious plans in the region, its market-leading project finance practice, and its forward-thinking approach present a unique opportunity to drive meaningful impact for our clients. The firm is deeply committed to the region and building its presence in the Kingdom, and I look forward to contributing to its continued success there.”
– Alexander Malahias
