Mira Fayad is a member of the Riyadh office Corporate Department. She represents privately held and publicly traded companies, government institutions, sovereign and private equity funds, and financial institutions on complex and transformative transactions and strategic joint ventures valued collectively the tens of billions of Saudi Riyals, primarily in cross-border M&A acquisitions, real estate development investments, co-investment structures, corporate restructuring, and large-scale development projects. 

Mira brings deep transactional experience across the Kingdom of Saudi Arabia (KSA), the wider Middle East, Africa, and in multiple developing markets. 

She leads all phases of deal execution, from structuring and due diligence through documentation, negotiation, and closing, on matters involving buy-side and sell-side, strategic partners, and tender processes. 

She is recognized as the Riyadh office’s principal practitioner for antitrust and competition matters, advising on KSA competition strategy, merger control filings before the General Authority for Competition (GAC), business-model and competition analyses, commitments negotiations, and authority queries and investigations. She has built an extensive track record of securing merger clearances for high-profile transactions, avoiding in-depth investigations where possible and obtaining approvals following remedy discussions when required, including in respect of behavioral and structural remedies.

Her practice includes:

  • Mergers and acquisitions
  • Private equity
  • Joint ventures and in-bound investments
  • Real estate development and investment 
  • Corporate restructuring
  • Antitrust and competition

Prior to joining Latham, Mira served as a senior associate at a leading international law firm based in Saudi Arabia and at several prominent Lebanese law firms, building a foundation of cross-border transactional expertise across multiple jurisdictions.

Representative M&A and corporate transactions include:

  • Buy-side and sell-side M&A and private equity transactions with aggregate deal value exceeding SAR 20 billion across multiple sectors
  • Leading transaction documentation, negotiation, and closing of an acquisition of hotel and real estate assets in Thakher City, Makkah, for an international sovereign fund
  • Leading transaction documentation, negotiation, and closing of expansion of a sovereign fund portfolio company’s KSA business into the MENA region, including IPO-preparatory structuring
  • Leading transaction documentation, and negotiation, of establishment of a regional logistics joint venture in KSA
  • Setup of several development and management entities for hotel and real estate assets in Madinah and Makkah
  • Multiple tender-process acquisitions in the education and infrastructure sectors in KSA
  • Joint venture between Saudi partners for pharmaceutical manufacturing hubs in KSA
  • Setup of an agriculture and food production facility in KSA
  • Multiple group formations and restructurings in KSA, including governance frameworks, policies, delegation of authorities, and entity conversions
  • AlFuttaim group acquisition of Fawaz Abdulaziz Alhokair Company (Cenomi Retail) for an approximate value of SAR 2,522 million
  • Leading transaction documentation and negotiation for an acquisition of a significant minority equity of a joint stock company listed on the Saudi Stock Exchange (Tadawul) and operating in the travel and hospitality business**
  • Advising on the acquisition by Abdullah AlOthaim Fashion Company of several retail brands and business owned by Fawaz Abdulaziz Alhokair & Co (Cenomi Retail) with an approximate value of SAR 125 million**
  • Advising on the acquisition by Jahez International Company for Information Systems Technology on the contemplated acquisition of 100% of The Chefz SPV Ltd (later abandoned)**
  • Leading transaction documentation, negotiation and closing on the acquisition an investment management firm in KSA** 
  • Advising a prominent bank in KSA on the setup of a real estate investment trust (REIT) and formation of a CMA special purpose entity in KSA and the transfer of the underlying properties to the REIT**
  • Restructuring of government-owned entities in KSA
  • Business expansion into KSA, including IPO-preparatory work
  • Structuring and establishing several joint ventures on the mainland in KSA and in the Special Economic Zones between Saudi and international partners in various sectors including in SILZ, RAK and KAEK
  • Advising sellers and acquirers on corporate transactional work, in particular on complex cross-border transactions, including M&A, private equity, joint ventures, and strategic alliances across different industries
  • Drafting transactional documents including, without limitation, share subscription, and share purchase agreements, asset purchase or transfer agreements, shareholders’ agreement, joint venture agreements, land sale agreement, escrow agreements, term sheets, letters of intent, investment committee slides, and carrying out legal due diligence exercises
  • Advising on a range of corporate and regulatory mandates (general contracts review, corporate governance, board material, policies etc.) and setting up legal entities (including RHQs)
  • Sourcing, coordinating and supervising the work of outsourced legal counsels in the context of cross-border transactions
  • Advising on the US $450 million acquisition of a company operating in the industrial sector (chemical plants) in Saudi Arabia*
  • Advising on the acquisition followed by a merger of a group of companies operating in the pharmaceutical sector in Saudi Arabia*
  • Advising on the SAR 117 million acquisition of the assets of a business operating in the chemical distribution business in Saudi Arabia*
  • Advising on the SAR 230 million acquisition of a group of companies operating in the medical sector in Saudi Arabia*
  • Advising on the SAR 240 million acquisition of a group of companies operating in the F&B sector in Saudi Arabia*
  • Advising the seller on the sale of a group of companies operating in the medical sector in Saudi Arabia*
  • Advising on the SAR 105 million acquisition of a group of companies operating in the industrial sector in Saudi Arabia*
  • Advising on the transfer of business between two groups operating in the technology sector in Saudi Arabia*
  • Advising a prominent Kuwaiti ground handling company on its expansion in over five countries in Africa and the Middle East including in the United Arab Emirates, South Africa, Ghana, Democratic Republic of Congo, Tanzania, Mozambique, Liberia, Iraq, and Nigeria*
  • Advising on the acquisition of a Lebanese accelerator and startup incubator*
  • Advising on the acquisition of a group of companies operating in the F&B sector in Sharjah, UAE*
  • Advising Bakri International Energy Co on its US$ 158 million acquisition by Jazan Energy and Development Co in Saudi Arabia*
  • Advising on the US$ 25 million acquisition of a group of companies operating in the F&B sector in the Middle East, through a fund setup in the Cayman Islands*
  • Advising on the US$ 32 million acquisition of a group of companies operating in the public health sector in the Middle East, through a fund setup in the Cayman Islands*
  • Advising the issuer on the Legacy One US$ 325 million public offering of equity and bonds in real estate fund in Lebanon*

Representative competition mandates include:

  • Preparation and submission of GAC merger control filings and KSA competition strategy (including multi‑jurisdictional reviews and non‑notification assessments) for numerous transactions, for clients including, but not limited to, Fidelity National Information Services, the Ellison Family and RedBird Capital Partners, Amphenol, Siemens, The Carlyle Group, Leonard Green & Partners, VARO Energy, Capitol Meridian Partners and Stellex Capital, Pharmaceutical Investment Company, ALAT Technologies Company, Al‑Futtaim Group, and Abdullah Al‑Othaim Fashion Company
  • Advising Schlumberger Limited on its all-stock acquisition of ChampionX Corporation, including drafting and negotiating commitments with the General Authority for Competition to secure the first structural conditional approval of its kind in KSA; commitments included multiyear continuity-of-supply agreements for Quartzdyne products and services on non-discriminatory terms with index-based price adjustments
  • Advising Jahez International Company for Information Systems Technology on its acquisition of The Chefz SPV Ltd (which was later abandoned), including preparing and submitting a merger control filing to the General Authority for Competition (GAC), drafting and negotiating commitments with the GAC to secure conditional approval; commitments encompassed non-tying of services, prohibition of exclusivity obligations or incentives that foreclose rival platforms, and appointment and reporting obligations of an independent monitoring trustee 

*Matter handled prior to joining Latham. 
**Firm experience prior to April 2023 includes work completed both at Latham and the Law Firm of Salman M. Al-Sudairi. 

Bar Qualification

  • Lebanon
  • Saudi Arabia (Foreign Consultant)

Education

  • LLB, Lebanese University
  • MA in Law, Lebanese University

Languages Spoken

  • English
  • Arabic
  • French