Najla Al-Gadi is an associate in the Riyadh office of Latham & Watkins. She advises issuers and investment banks on initial public offerings (IPOs), secondary equity offerings, and other securities offerings in various industries. She also has extensive experience in advising issuers, board of directors, and capital markets institutions on corporate governance and securities laws matters.

Her practice includes:

  • Capital Markets
  • Public Company Representation
  • Mergers & Acquisitions 
  • Corporate

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

Capital Markets

  • The joint bookrunners on Saudi Arabian Oil Company (Saudi Aramco)’s SAR42.1 billion secondary public offering 
  • Rasan Information Technology Company on its SAR831.3 million IPO on Tadawul 
  • Miahona on its SAR555.1 million IPO on Tadawul 
  • 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 and offering on Tadawul
  • The 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 SAR 3.072 billion IPO on Tadawul
  • Al-Dawaa Medical Services Company on its SAR1.861 billion IPO on Tadawul
  • East Pipes Integrated Company on its SAR 504 million IPO on Tadawul
  • Jahez International Co. for Information Systems Technology on its SAR 1.6 billion IPO on Tadawul’s Parallel Market, Nomu
  • solutions by stc on its SAR 3.624 billion IPO and listing on Tadawul (“Equity Capital Markets Deal of the Year”, GFC Media Group)
  • The underwriter on the SAR1.44 billion IPO of Retal Urban Development Company on Tadawul
  • The 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 SAR2.8 billion 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 IPO of 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 rights issue
  • Several companies on their potential IPOs on Tadawul in various industries including telecom, fuel services, manufacturing, healthcare, real estate and financial services
  • Several publicly listed companies and shareholders on potential secondary offerings on Tadawul
  • Several publicly listed companies in connection with corporate governance and continuing obligations advice
  • Several financial institutions in connection with securities business requirements and licensing advice

M&A/Corporate

  • 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 on its acquisition of a minority stake in Azadea Group
  • Takween Advanced Industries on its SAR910 million acquisition of Savola Packaging
  • The Capital Market Authority on drafting the Mergers & Acquisitions Regulations
  • Several companies on their attempted acquisitions/sale in various industries including banking, manufacturing, healthcare and real estate
  • Several publicly listed companies and shareholders on attempted sales and acquisitions of listed shares
  • Several international and local investors on incorporation of companies and corporate restructurings in Saudi Arabia
  • International and local clients on various corporate, commercial and employment 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

Education

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

Languages Spoken

  • Arabic
  • English