Fiduchi and Elaqat Law Announce Joint Venture to Strengthen Cross-Border Structuring Between Jersey and Saudi Arabia
Fiduchi, a Jersey-based provider of fiduciary, trust and corporate services, today announces the formation of a joint venture with Elaqat Law, a Saudi Arabia-based law firm headquartered in Riyadh. The joint venture enhances cross-border legal and fiduciary support for clients with interests spanning Saudi Arabia, the Gulf region, and international financial centres including Jersey.
The collaboration strengthens coordination for clients requiring Jersey fiduciary and international structuring services alongside Saudi legal and corporate advisory expertise. It is designed to deliver seamless cross-border structuring solutions while maintaining robust governance, confidentiality, and regulatory compliance in both jurisdictions.
The joint venture will act as a strategic bridge between Jersey and Saudi Arabia, connecting clients to the right expertise in each jurisdiction and coordinating their cross-border needs. In practical terms, it will support families, entrepreneurs, corporates and asset managers with international structuring, governance, succession planning and ongoing administration, ensuring that legal and fiduciary services are delivered in the appropriate jurisdiction.
This reflects the JV’s role as an introducer and coordination platform between Fiduchi’s international structuring capabilities and Elaqat’s Saudi legal and corporate services, and as a relationship bridge supporting international structuring and administration for Saudi clients
About Fiduchi
Fiduchi is a Jersey-based fiduciary services group providing trust and company services and related client administration and governance support. The business also supports a range of specialist client needs, including fund-related services (where Fiduchi may act as a fund operator), employee incentives services, and marine and aviation support services (including payroll administration, as applicable).
Fiduchi is regulated by the Jersey Financial Services Commission.
About Elaqat
Elaqat Law is a Saudi Arabia-based law firm headquartered in Riyadh. The firm provides Saudi legal and corporate advisory services to multinational corporations, investors, family offices and entrepreneurs operating in the Kingdom and across the GCC. Its practice includes corporate structuring, mergers and acquisitions, regulatory compliance, governance advisory, and company incorporation in Saudi Arabia. Through this joint venture, Elaqat Law delivers Saudi legal services within its jurisdiction while working collaboratively with Fiduchi to support clients with international and cross-border requirements.
Quote - Fiduchi
Christopher Dungan, Director - Middle East Region said:
“We’re excited to be working with Elaqat through this joint venture. It reflects a shared commitment to high professional standards and to supporting clients with increasingly international requirements, while ensuring that services are delivered in the right jurisdiction and in line with applicable regulation.”
Quote - Elaqat Law
Yasmin Alafaliq, Partner, Elaqat Law said:
“This joint venture reflects the growing sophistication of cross-border structuring between Saudi Arabia and international financial centres such as Jersey. Through this collaboration, we are able to provide clients with integrated access to Jersey fiduciary services alongside Saudi legal and corporate advisory support. Our focus remains on governance, regulatory compliance and delivering clear, well-coordinated advice tailored to international clients operating in Saudi Arabia and beyond.”
The joint venture supports Jersey’s role as an international finance centre by strengthening connectivity with the Gulf region and widening access to professional expertise for clients, intermediaries and families with international assets and interests.