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…
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…
ASAR Ascends: An Evening of Celebration at Assima Tower
In the heart of Kuwait City’s thriving central business district, the ASAR family recently welcomed distinguished clients, esteemed colleagues, and cherished friends to our new home at the iconic Assima Tower. The evening was an elegant celebration of ASAR’s continued pursuit…
ASAR acts as Kuwait law counsel to National Bank of Kuwait on landmark Green Notes Issuance
We are proud to have acted as Kuwait law counsel to National Bank of Kuwait S.A.K.P. (NBK) in relation to a landmark issuance of green notes by a Kuwait based financial institution. The issuance was comprised of US$500,000,000 Fixed to Floating…
ASAR Kuwait Awarded Top Tier Firm Ranking by IFLR1000 for 2024
We are very excited to announce that our ASAR Kuwait office has been awarded a Top Tier Firm ranking in IFLR1000 (tag) 2024! Affirming our leadership and excellence in the Kuwait legal market, this recognition reflects our unwavering commitment to providing…
Register your Trademark in Kuwait!
ATTENTION: all TM owners! Is your TM used or planned to be used on products that are imported into Kuwait? If so, it would be best to register your TM in Kuwait. The great thing about registering your TM in Kuwait…
ASAR acts as Kuwait law counsel to the Joint Lead Managers on Burgan Bank’s Perpetual AT1 Capital Bonds Issuance
We are proud to have acted as Kuwait law counsel to each of KAMCO Invest (as Sole Issuance Coordinator, Joint Lead Manager and Placement Agent) and Gulf Bank (as Joint Lead Manager and Placement Agent) in relation to the successful completion…
ASAR acts as Kuwait law counsel to Kuwait International Bank on AT1 Capital Certificates (Sukuk) Issuance
We are proud to have acted as Kuwait law counsel to Kuwait International Bank K.S.C.P. (KIB) in relation to its issuance of US$300,000,000 Additional Tier 1 Capital Certificates (Sukuk) by KIB Tier 1 Sukuk 2 Ltd. KIB successfully priced the Sukuk…
ASAR advises on Macquarie AirFinance Acquisition of ALAFCO Portfolio
ASAR is pleased to announce that it is acting as Kuwait counsel for Macquarie AirFinance in connection with the acquisition of a portfolio of 23 aircraft from ALAFCO Aviation Lease and Finance Company (ALAFCO) a Kuwaiti listed entity. This is in…