Zade Chalhoub

Attorney Profile

Having worked at international law firms in London and Dubai and later acted as general counsel and chief legal officer of a project developer and an engineering, procurement and construction company in Saudi Arabia, Bahrain and Italy, Zade has been recognised as a key lawyer for public private partnership projects in the Middle East.

Practice Areas

Project Development and Project Finance, Export Finance; Corporate Matters; Mergers & Acquisitions; Restructuring & Special Situations; Stakeholder Engagement

Representative Matters

Project Development and Project Finance, Export Finance

Advised Alkhorayed Water and Power Technologies and Grupo Cobra in connection with the US$ 675 million project development and project financing of the Rayis Rabig Independent Water Transmission Project in Saudi Arabia. The project is the first-of-its kind procured by Saudi Water Partnership Company.

Advised Nesma Company Limited in connection with the US$ 1,975 million project development and project financing of three residential communities located in NEOM, Saudi Arabia, in connection with NEOM's first wave of residential communities projects. Recognised as the largest accommodation PPP project in the region and one of the largest PPP projects in the Middle East to date.

Advised a bidder in connection with its bid for ADNOC's Project Wave, the development of two standalone greenfield seawater nanofiltration plants and the construction of related pumping stations and transmission pipelines.

Advised Jazan Gas Projects Company in connection with the US$ 2 billion disposal of the air separation unit to Jazan Integrated Gasification and Power Company, a joint venture between ACWA Power, Air Products plc and Saudi Aramco, in connection with the US$ 12 billion project financing of the world scale integrated gasification and combined cycle energy project within the Jazan Refinery Complex in Saudi Arabia. The IGCC transaction was awarded “Global Deal of the Year 2021” by Project Finance International.

Advised Kuwait National Petroleum Company and Kuwait Petroleum Corporation with respect to the US$ 13 billion export financing of the modernisation and upgrading of Kuwait National Petroleum Company’s Mina Al-Ahmadi and Mina Al Abdullah petroleum refineries. The transaction has been credited as the largest export financing in the Middle East.