Kuwait In summary While Kuwaiti courts in general honour parties’ agreements to arbitrate, in 2021, the Kuwaiti Cassation Court handed down a couple of judgments that deviated from this well-established practice. The two surprising judgments were issued by the Cassation…
New Requirement to Disclose Ultimate Beneficial Ownership (UBO) – Highlights
In association with anti-money laundering legislation, the Kuwait Ministry of Commerce and Industry (MOCI) recently issued Resolution No. 4 of 2023 on the Procedures for the Identification of the Actual Beneficiary (the UBO Resolution). It has come into effect on April 1,…
ASAR – Al Ruwayeh & Partners Wins ‘Kuwait Deal of the Year 2022’, ‘M&A Deal of the Year 2022’, and ‘Overall IFN Deal of the Year 2022’ at IFN Awards 2023
ASAR – Al Ruwayeh & Partners (ASAR), Kuwait’s leading tier 1 corporate and commercial law firm, is pleased to announce that it has been awarded three prestigious accolades at the IFN Awards 2023 which took place at the Conrad Hotel, Dubai….
Steven Brown joins ‘Interpreting Convertible Notes’ seminar hosted by KPMG and EDB in Bahrain
ASAR is pleased to have Partner, Steven Brown, take part in ‘Interpreting Convertible Notes’ seminar taking place on 20 March 2023 in Gulf Hotel, Bahrain. The seminar is hosted by KPMG in Bahrain in collaboration with the Bahrain Economic Development Board…
Bahrain Law Update related to the use of English language in Bahrain Courts
On 9 March 2023, the Ministry of Justice, Islamic Affairs and Waqf on replaced Resolution No. 117 of 2021 relating to the use of language other than Arabic in the Bahrain Courts with a new resolution (No. 28 of 2023) (the…
ASAR – Al Ruwayeh & Partners Win ‘Kuwait Law Firm of the Year’ at Chambers Middle East Awards 2023
ASAR – Al Ruwayeh & Partners (ASAR), Kuwait’s leading tier 1 corporate and commercial law firm, is pleased to announce that it has won ‘Kuwait Law Firm of the Year’ at the prestigious Chambers Middle East Awards 2023. The awards ceremony,…
Hussein Azmy promoted to Senior Associate
ASAR is happy to announce that Hussein M. Azmy has been promoted to the position of Senior Associate within the Banking & Finance and Projects team at ASAR. Since joining ASAR in 2021, Hussein has demonstrated his commitment and high calibre…
ASAR Seminar 2023 Addresses The New Share Registry System ‘Bahrain Clear’ and Recent Amendments made to Bahrain’s Corporate Governance Code
ASAR – Al Ruwayeh & Partners, a leading tier 1 corporate and commercial law firm in the region, has successfully concluded its ‘ASAR Seminar 2023’ in Bahrain in the presence of more than 50 attendees. The seminar addressed the allocation of…