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Looaye M. Al-Akkas
Looaye M. Al-Akkas
Partner — Energy Transactions & Projects
Partner — Energy Transactions & Projects

Looaye M. Al-Akkas

Looaye M. Al-Akkas

The Law Office of Looaye M.
Al-Akkas in Association with
Vinson & Elkins LLP
Kingdom Tower, 49th Floor
2239 Oroubah Road
Olaya, Unit No. 9
Riyadh 12214-9597
Kingdom of Saudi Arabia

Looaye M. Al-Akkas

Looaye has been involved in some of the Kingdom’s most high-profile energy, petrochemical, and infrastructure projects, and also advises clients on regional, international, and cross-border M&A and capital markets matters. In addition to acting for major Saudi corporations, Looaye has counseled leading Saudi business families as they endeavor to restructure and diversify their businesses, and seek out investment opportunities, both within the Kingdom and around the world.

Experience Highlights

  • A Hong Kong ports operating company on the acquisition of a stake in a Saudi ports and logistics operator

  • A Saudi member of a consortium bidding for the Saudi Haramain Highspeed Rail project

  • China Petrochemical Corporation (Sinopec) on project finance and sponsor financing documentation matters in connection with its joint venture with Saudi Aramco for development of the $10 billion Yanbu Refinery on the west coast of Saudi Arabia

  • A Saudi public company on the procurement and commissioning of a power generation plant in Iraq to provide power to a steel mill

  • Saudi-based Zuhair Fayez Partnership in connection with a joint venture with SNC Lavalin to create one of the largest oil and gas and petrochemical engineering and EPCM services companies in the Middle East

  • A Saudi public company on the financing and procurement of scrap metal in Iraq

  • Ahmad Hamad Al Gossaibi & Bros (AHAB) in Saudi Arabia’s largest restructuring and settlement negotiations with creditors

  • A multinational industrial investor in relation to structuring a petrochemical derivatives complex in Ras Tanura, Saudi Arabia

  • A European petrochemicals company in structuring a petrochemicals project with a major Saudi petrochemicals company

  • Transaction counsel in the initial public offering of 240 million shares in a petrochemical company based in Jubail

  • Restructuring a major industrial services company to facilitate a merger with an international investment fund

  • A major Italian industrial company in relation to a joint venture with ELSEIF Investment Company to establish a construction material manufacturing company

  • Saudi and foreign clients in the formation of joint venture companies, including with respect to negotiating constitutive corporate documents, shareholders’ agreements, technical services, and share-purchase agreements

  • Saudi and foreign clients regarding a wide range of distribution, agency, and franchise matters

  • A major Saudi refining and petrochemical company in connection with its initial public offering

  • A major Saudi-based refining and petrochemical company in connection with the administration of and compliance with project finance documentation, including contract review, appraisals, and bid processing


  • University of Miami School of Law, J.D. cumlaude, 2004
  • University of Pittsburgh, B.S., Electrical Engineering cum laude, 2000
  • Chambers Global, Corporate/Commercial (Saudi Arabia), 2018−2020
  • Legal 500 EMEA, Projects and Energy: Saudi Arabia, 2018 and 2020; Commercial, Corporate and M&A: Saudi Arabia, 2020
  • Member: American Bar Association
  • New York
  • Fluent in Arabic and English