ASAR congratulates the Umm Al Hayman for Wastewater Treatment Company K.S.P.C. and the Kuwait Authority for Partnership Projects on the well-deserved recognition bestowed upon the Umm Al Hayman Wastewater Treatment Plant by the Middle East Economic Digest (MEED). The plant’s distinction…
Important Amendments to the Kuwait Lease Law
On September 15, 2024, the Council of Ministers issued Decree No. 95 of 2024, which amends certain provisions Decree Law No. 35 of 1978, known as the Lease Law. The new amendments aim to facilitate legal procedures for lease disputes and…
Proud contributors to Lexology’s latest edition of the Project Finance Law Review
We are pleased to announce that Ibrahim Sattout (Partner) and Hussein Azmy (Senior Associate) have contributed to the latest iteration of the Kuwait Project Finance Law Review published by Lexology. This review provides a glimpse into the regulatory practices and legal…
Key Changes to Bahrain’s International Commercial Court
Bahrain has recently enacted Law No. 9 of 2024 concerning the Bahrain International Commercial Court (BICC), establishing it as an independent legal entity under the oversight of the Minister of Justice. This new court is designed to handle a broad range…
We have been shortlisted for the 2024 IFLR Middle East Awards
We’re very happy to announce that we have been shortlisted as a finalist across 6 award categories and in 7 individual deals of the year at this year’s IFLR Middle East Awards! Winners will be announced at a gala evening event…
We have been shortlisted for the 2024 ALB Middle East Law Awards
We are very glad to announce that we have been shortlisted as a finalist across 10 award categories and in 9 individual deals of the year at this year’s ALB Middle East Law Awards! Winners will be announced at a gala…
ASAR acts as Kuwait law counsel to Dealers and JLMs on Warba Bank landmark Issuance of Sustainable Certificates
We are proud to announce our role as Kuwait law counsel to the Dealers and Joint Lead Managers in the successful update of a US$2 billion Trust Certificate Programme to include a Sustainable Sukuk Issuance Framework for Warba Sukuk Limited and…
Recognition and Enforcement of Arbitration Awards in the Kingdom of Bahrain
Bahrain stands as a signatory to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“Convention”), supported by the provisions set forth in its Arbitration Law, Law No. 9 of 2015 adopting UNCITRAL Model Law on…
Recent Developments in the Commercial Cooperation Ties between China and Kuwait
Ever since joining China’s Belt & Road Initiative in 2014, Kuwait has witnessed an increasing number of mutual cooperation discussions with China and a growing Chinese interest in participating in projects on the expansion of Kuwait’s infrastructure capabilities. According to statements…
A significant victory for a multinational pharmaceutical company
We are particularly pleased to announce that ASAR has successfully secured a significant victory on behalf of a multinational pharmaceutical company in respect to a claim of compensation against its former distributor for outstanding debt. The Court of Cassation has accepted…