It is with tremendous enthusiasm and pride that we announce that ASAR – Al Ruwayeh & Partners has been awarded the prestigious Chambers and Partners “Kuwait Law Firm of the Year” at the Chambers Middle East Awards 2024. The Chambers Middle East…
An overview of Kuwait’s Insurance Law
Insurance business in Kuwait is primarily regulated by the Insurance Law (Law No. 125 of 2019) which came into effect on the 1st of September 2019. This relatively new law revoked the old insurance law, Law No. 24 of 1961 and…
Newly Issued CITRA Data Privacy Regulations
The Communications and Information Technology Regulatory Authority (CITRA) issued on February 18, 224, Resolution No. 24 of 2024, the new Data Privacy Regulations, which replaces the data privacy regulations previously issued under CITRA’s Resolution No. 42 of 2021 and amended by…
ASAR acts as legal counsel in a financing deal worth KWD 134.51 million
ASAR – Al Ruwayeh & Partners Acts as Legal Counsel to Al-Dhow Engineering General Trading & Contracting Company W.L.L., TNB Repair and Maintenance Sdn Bhd and TNB Power Generation Sdn Bhd in the KWD 134.51 million financing obtained from Al Ahli…
Soaring to greater heights with GARI
We are excited to share that we collaborated with international law firm, Watson Farley & Williams, on the new and expanded Global Aviation Resource Index (GARI). Ezekiel Tuma (Partner) and Brenda Ntambirweki (Senior Associate) contributed the Kuwait material. GARI is an…
Breaking News: ASAR Achieves Great Success at the Legal 500 Middle East and North Africa Awards 2024
We’re happy to announce that our law firm has received recognition as a leading player, in the legal industry as we proudly received not just one, but two prestigious awards at the Legal 500 Middle East and North Africa Awards 2024….
Recent developments on PPPs in Kuwait
In recent developments, the Kuwait Authority for Partnership Projects (KAPP) has announced the invitation to companies and consortiums wishing to qualify for participation (RFQ) in the bidding process for two more Private Public Partnership (PPP) projects, these being; the third phase…
New Law: Foreigners doing business in Kuwait – no agent necessary
The much-anticipated law which removes significant restrictions on foreigners doing business in Kuwait was finally published earlier today as Law 1 of 2024. Under this new Law, Article 24 of the Law of Commerce and Article 31 of the Tenders Law…
ASAR – Al Ruwayeh & Partners Acts as Kuwait Law Counsel to Fairfax on its USD 860 Million Acquisition of KIPCO’s Shareholding in Gulf Insurance Group
Leading Kuwait and Bahrain law firm, ASAR Al Ruwayeh & Partners (ASAR), has acted as Kuwait counsel to Fairfax Financial Holdings Limited and affiliates (Fairfax) on its acquisition (via off market trades) of Kuwait Projects Company (Holding) (KIPCO)’s 46.32% shareholding in…
ASAR Conference 2023 highlights the challenges facing financing and bankability of Public-Private Partnerships (PPPs) Projects and provides special insight into PPP projects from in-house counsels’ standpoint
Financing PPP projects has always been a complex endeavour; such complexity is exacerbated by a set of unique challenges stemming from the regulatory environment and practices in Kuwait. With wise words of the vastly experienced Mr. Faisal Sarkhou, Chief Executive Officer…