Eid Mubarak from all of us at ASAR! As we celebrate this joyous occasion, we extend our best wishes to you and your loved ones. May this Eid bring you happiness, prosperity, and moments of togetherness. Letโs embrace the spirit of…
Promulgated: Kuwait Financing & Liquidity Law Covering the issuance of financial instruments such as Bonds and Sukuk
The Kuwait Financing and Liquidity Law has today been formally promulgated into law. This landmark legislation provides a new framework for government financing and liquidity management. Key stakeholders impacted include the Kuwait Ministry of Finance, financial institutions operating both locally and…
Kuwait court nullifies certain penalties under competition law
The Kuwait Constitutional Court has established a significant precedent by declaring paragraph 1 of Article 34 of the Competition Law (Law No. 72 of 2020) unconstitutional.ย In recent judgements concerning appeals against paragraph 1 of Article 34, the Court emphasised the…
Kuwait Foreignerโs Residency Law – Key changes for expats
Important amendments to the Foreignerโs Residency Law (Amiri Decree No. 114 of 2024) addressing, amongst other matters, notification of births, notification of loss or damage of passports, notification by sponsors of expiry of residencies, maximum stay period outside Kuwait, extended residencies…
Welcome changes to UBO Legislation in Kuwait
๐๐๐๐ฅ๐ง: ๐๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ ๐ฎ๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐๐ ๐๐ผ ๐ ๐ถ๐ป๐ถ๐๐๐ฒ๐ฟ๐ถ๐ฎ๐น ๐ฅ๐ฒ๐๐ผ๐น๐๐๐ถ๐ผ๐ป ๐ก๐ผ. ๐ฐ ๐ผ๐ณ ๐ฎ๐ฌ๐ฎ๐ฏ ๐ฟ๐ฒ๐ด๐ฎ๐ฟ๐ฑ๐ถ๐ป๐ด ๐จ๐น๐๐ถ๐บ๐ฎ๐๐ฒ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐ฐ๐ถ๐ฎ๐น ๐ข๐๐ป๐ฒ๐ฟ๐ (๐จ๐๐ข ๐ฅ๐ฒ๐๐ผ๐น๐๐๐ถ๐ผ๐ป) ๐ต๐ฎ๐๐ฒ ๐ฏ๐ฒ๐ฒ๐ป ๐ถ๐ป๐๐ฟ๐ผ๐ฑ๐๐ฐ๐ฒ๐ฑ ๐ฏ๐ ๐ ๐ถ๐ป๐ถ๐๐๐ฒ๐ฟ๐ถ๐ฎ๐น ๐ฅ๐ฒ๐๐ผ๐น๐๐๐ถ๐ผ๐ป ๐ก๐ผ. ๐ญ๐ฒ ๐ผ๐ณ ๐ฎ๐ฌ๐ฎ๐ฑ. ๐๐ฒ๐ ๐๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐๐: ๐ผ๐๐๐๐ฉ๐๐ค๐ฃ๐๐ก ๐๐ญ๐๐ข๐ฅ๐ฉ๐๐ค๐ฃ๐จ The list of entities that are exempt from the application of…
Navigating High-Value Deals: ASAR Advises on Burgan Bankโs USD 190M Acquisition
Supporting another major transaction in the regional banking sector, ASAR – Al Ruwayeh & Partners is proud to have advised Burgan Bank on its acquisition of the entire share capital of United Gulf Bank BSC(c) (UGB) in a USD 190 million…
ASAR Succeeds at The Legal 500 Middle East and North Africa Awards 2025
Happy to announce that our firm has been recognised at The Legal 500 Middle East and North Africa Awards 2025 underscoring our position as a premier legal practice in the region. We have been awarded the distinguished “Kuwait Firm of the…
Introducing ASARโs Artist for 2025 โ Nourah Altourah
ASAR is happy to announce Nourah Altourah as our featured artist for 2025.ย Nouraโs work will be showcased throughout the year in ASARโs Art Arena.ย Nourah is a Kuwaiti artist whose drawings offer a unique perspective on local heritage. Through meticulous…
ASAR Advises National Bank of Kuwait on Landmark Fintech Acquisition
ASAR is pleased to announce its role in the successful closing of a landmark fintech M&A transaction. We advised National Bank of Kuwait on its acquisition of a controlling stake in Upayments. Our team provided comprehensive legal counsel throughout the transaction,…
Double Win for ASAR at Legal Era Middle East Law Awards 2023-24
ASAR is pleased to announce that it has received two prestigious awards at the Legal Era Middle East Law Awards 2023-24: Law Firm of the Year โ Kuwait Lawyer of the Year – Dispute Resolution โ Ahmed Barakat The Legal Era…