Khalid Al Hamrani

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

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Biography

Khalid is a Partner and the Head of the Financial Crime practice in Dubai.

Khalid has extensive experience representing government owned corporations, financial institutions and high profile clients in corporate commercial fraud, bribery and money laundering cases including multiple jurisdictions. Khalid has also dealt with compliance and regulatory matters involving government authorities in the UAE along with forgery and embezzlement related matters.

Recent Experience

Acting for one of the major banks in the UAE in a money laundering matter under UAE money laundering laws in order to recover many millions of Dirhams;
Advising and leading an investigation on behalf of a major government entity in the UAE which resulted in convictions against several former corrupt officials;
Attending the High Court in London to give evidence as an expert witness in relation to UAE law and regulations on behalf of a UAE bank involved in UK proceedings which resulted in the court giving judgment favorable to our client;
Managing the initiation of an internal investigation on behalf a public entity and advising and ensuring that urgent preemptive measures were undertaken in order to preserve the evidence, secure the presence of the suspects, and prevent the dissipation of funds and assets which had been misappropriated. Having successfully preserved the integrity of the investigation, the matter proceeded with our assistance to the opening of a formal investigation by the Public Prosecutor.