Najla Al-Gadi’s practice focuses on advising issuers and investment banks on equity capital markets transactions including initial public offerings (IPOs) and other securities offerings.

She also advises public and private companies and investment banks across various industries on public and private M&A transactions, corporate governance matters, and other matters relating to Saudi Arabian securities regulations. Her practice includes:

  • Capital markets
  • Mergers and acquisitions
  • Corporate matters
  • Regulatory matters

Ms. Al-Gadi’s experience** includes representing:

Capital Markets

  • The underwriters on the SAR831.2 million IPO of MBC Group on Tadawul 
  • The National Agricultural Development Company (NADEC) on its SAR2 billion rights issue 
  • SNB Capital as underwriter on the SAR999 million IPO of First Milling Company on Tadawul
  • The underwriters on the SAR4.95 billion IPO of Saudi Aramco Base Oil Company (Luberef) on Tadawul
  • Alsaif Gallery on its SAR1.2 billion IPO on Tadawul
  • Alamar Foods Company on its SAR1.22 billion IPO on Tadawul
  • Elm on its SAR3.072 billion IPO on Tadawul
  • Al-Dawaa Medical Services Company on its SAR1.861 billion IPO on Tadawul
  • East Pipes Integrated Company on its SAR504 million IPO on Tadawul
  • Jahez International Co. for Information Systems Technology on its SAR1.6 billion IPO on the Saudi Parallel Market, NOMU
  • solutions by stc on its SAR3.624 billion IPO and listing on Tadawul (“Equity Capital Markets Deal of the Year”, GFC Media Group)
  • SNB Capital as underwriter on the SAR1.44 billion IPO of Retal Urban Development Company on Tadawul
  • Riyad Capital as underwriter on the SAR600 million IPO of Saudi Home Loans on Tadawul
  • The underwriters on the SAR1.19 billion IPO of Nayifat Finance Company on Tadawul
  • Emaar, The Economic City (EEC), on its capital increase by way of debt conversion and issuance of new shares to PIF
  • The managers on the SAR750 million accelerated bookbuild offering of shares in the Saudi British Bank (SABB)
  • The underwriters on the SAR96 billion (US$25.6 billion) IPO of the Saudi Arabian Oil Company (Saudi Aramco) on Tadawul – the world largest IPO to date
  • The underwriters on the establishment of a global medium term note program by Saudi Aramco and debut issuance of US$12 billion notes thereunder
  • The joint lead managers on the Saudi Electricity Company’s inaugural US$1.3 billion green sukuk
  • The joint lead managers on the Arab National Bank’s US$750 million tier II sukuk
  • Maharah Human Resources Company on its SAR776 million IPO on Tadawul
  • The underwriter on Ataa Educational Company’s SAR348 million IPO on Tadawul
  • Middle East Healthcare Company on its SAR1.8 billion IPO on Tadawul
  • Al-Yamamah Steel Industries Company on its SAR556 million IPO on Tadawul
  • Alandalus Real Estate Company on its SAR380 million IPO on Tadawul
  • Saudi Arabian Mining Company (Ma’aden) on its SAR5.6 billion (US$1.5 billion) rights issue
  • Several companies on their potential IPOs on Tadawul in various industries including telecom, fuel services, manufacturing, real estate, and financial services
  • Several Saudi publicly listed companies in connection with corporate governance and continuing obligations advice
  • Several financial institutions in connection with securities business requirements and licensing advice


  • A financial advisor to Dur Hospitality Company (Dur), on the merger between Dur and Taiba Investments Company 
  • Saudi Basic Industries Corporation (SABIC) on the sale of 100% of its shares in the newly-formed SABIC Agri-Nutrients Investment Company (SANIC) to the Saudi Arabian Fertilizer Company (SAFCO) in exchange for newly-issued shares in SAFCO
  • HSBC as financial advisor to the Saudi International Petrochemical Company (SIPCHEM), on the merger between SIPCHEM and Sahara Petrochemicals Company
  • Dubai Holding in its acquisition of a minority stake in Azadea Group
  • Takween Advanced Industries on its SAR910 million acquisition of Savola Packaging
  • The Capital Market Authority in drafting the Mergers & Acquisitions Regulations
  • Several companies on their attempted acquisitions/sale in various industries including banking, manufacturing, healthcare and real estate
  • Several international and local investors on incorporation of companies and corporate restructurings in Saudi Arabia
  • International and local clients on various matters relating to Saudi Arabian law

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

Bar Qualification

  • New York
  • Saudi Arabia


  • Master of Laws (LL.M.), Harvard Law School, 2017
  • Bachelor of Arts, Prince Sultan University, 2014

Languages Spoken

  • Arabic
  • English