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Sustainable Horizons: The Saudi Arabian Vision
We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.
Read the full edition
A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Aurangzeb Maqsood
Senior Associate
Biography
Aurangzeb has over 7 years of experience in advising on banking and finance transactions. He has particular expertise in advising on infrastructure and energy projects.
Aurangzeb also specialises in conventional finance, Islamic finance, and creation of securities across various jurisdictions. He is a member of the Banking and Finance sector group.
Prior to joining Al Tamimi, Aurangzeb worked for more than five years in Pakistan, where he worked on several pioneering energy sector projects. Following which in 2021, Aurangzeb started handling banking and finance transactions in the MENA region.
Recent Experience
- Neutral Fuels Overseas Holdings Limited, a UAE based company on appointment of a global security agent and local sub-security agent in each jurisdiction where its subsidiaries were due to create security in relation to the issuance of US$50,000,000 secured fixed rate notes.
- Novelis MEA Ltd, a UAE based company, on an uncommitted receivables purchase agreement; completion of conditions precedents; vacation of prior charges on the receivables; and for the issuance of a clean sale legal opinion in relation to the sale of receivables.
- Bodysmart Investment Group PLC and Linklease Finance PLC, both UAE based companies, in drafting the UAE law governed security documents.
- GFH, in relation to the structuring of two Murabaha facilities and a shareholder loan.
- Syndicate of banks including International Finance Corporation, Asian Development Bank and Islamic Development Bank, acting as lenders to finance the construction of 3x50MW wind power projects in Pakistan.
- Shanghai Electric Group Corporation, as sponsors of a coal-mining facility and a coal-powered power generation project, which was a priority CPEC project and a part of the Belt and Road Initiative.
Language(s)
- English
- Urdu
Education
2015 – Bachelors of Arts and Bachelors of Law, Lahore University of Management Sciences (LUMS)
Admission
2018 – Punjab Bar Council
2020 – High Courts of Pakistan
Practice(s)
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