ASAR – Al Ruwayeh & Partners Acting as Local Legal Counsel of the Fajr Capital- led Consortium’s Acquisition of a 65% stake in Aster DM Healthcare FZC in Bahrain. We are excited to announce our role as local legal counsel, in…
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ASAR Members Speak at 1st Edition Bahrain Business Law Forum
The opportunity to speak at the 1st Edition of the Bahrain Business Law Forum, 2023, as Gold Sponsors, was one we simply could not pass up. Many thanks to LexisNexis Middle East for a well-run, professional event. Congratulations to our team,…
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Bahrain Law Update: Resolution No. 6 of 2023 on System of Linking Payment Systems for GCC countries
Written by Steven Brown and Rahul Sud Bahrain recently ratified and issued Law No. 6 of 2023 in Bahrain, endorsing and ratifying the Treaty on the System of Linking Payment Systems for GCC countries to which Bahrain is a signatory. The…
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ASAR authors IFLR M&A report 2023 for Bahrain
M&A Report 2023: Bahrain Market overview The Gulf Cooperation Council (GCC) countries have seen a rise in consolidation as pandemic restrictions have been eased, including corporate strategic M&A transactions in Bahrain, particularly in the banking sector. Kuwait Finance House (KFH)…
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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…
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ASAR authors article published in the International Financial Law Review (IFLR) titled “Bahrain aims to attract foreign direct investment”
Bahrain aims to attract foreign direct investment Steven Brown, Sherif Saad Eldin and Ahmed Al-Saeed of ASAR – AI Ruwayeh & Partners discuss the factors attracting foreign investment to Bahrain and consider foreign ownership restrictions Bahrain is considered a…
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ASAR authors the Bahrain chapter of the Chambers and Partners guide on “Doing Business in…2022″
Doing Business in Bahrain 2022 Legal System 1.1 Legal System Bahrain operates a civil law legal system which mostly derives from codified laws and provisions. The legal system in Bahrain respects the judgments issued by higher courts; however, there is…
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International Financial Law Review (IFLR) M&A Report 2021 – Bahrain
The trend of consolidation continues to dominate the business scene in Bahrain’s financial industry. This has been led by the completion of the public takeover offers of Bahrain Islamic Bank by the National Bank of Bahrain and further announcements relating to…
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COVID-19: Bahrain Update
The COVID-19 pandemic has affected most, if not all, communities/businesses around the world in one way or another. While the health implications are rightfully in the forefront, the focus of this email are on the challenges facing businesses in maintaining continuity…
...The Central Bank of Bahrain has issued a new regulation on the enforceability of netting agreements
Regulation No. 44 of 2014 (the “Regulation”) The Central Bank of Bahrain (“CBB”) has recently issued Regulation No. 44 of 2014 (the “Regulation”) concerning close-out netting under Market Contracts. The Regulation came into effect in the second half of December 2014…
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