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ASAR wins ALB Kuwait National Law Firm of the Year Award, 2023

We are very happy to announce that ASAR has been presented with the prestigious “Kuwait National Law Firm of the Year” award at the Asian Legal Business (ALB) Middle East Law Awards 2023, hosted by Thomson Reuters. The ALB Middle East…

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A remarkable step in accelerating urban infrastructure development in Kuwait

The Council of Ministers has issued the Law No. 118 of 2023 on the Incorporation of Companies for the Construction and Economic Development of Cities and Residential Areas.  Noteworthy features of this law include the following:  Establishing a public-private partnership (PPP)…

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A favourable outcome for one of our esteemed clients against the Kuwait Department of Income Tax

ASAR successfully acted on behalf of a client in a dispute with the Kuwait Department of Income Tax (the DIT) wherein the DIT was estopped from issuing a revised tax assessment against ASAR’s client. The DIT issued a revised tax assessment…

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ASAR authors the M&A Report 2023 for Kuwait in the IFLR

M&A Report 2023 Kuwait Market overview M&A activity continued at a steady pace in 2022, particularly in the health, logistics, education, and technology, media and telecommunications sectors. A hot topic in cross-border transactions is the new ultimate beneficial ownership rules issued by…

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ASAR authors Legal 500 M&A Report 2023 for Kuwait

Kuwait: Mergers & Acquisitions This country-specific Q&A provides an overview of Mergers & Acquisitions laws and regulations applicable in Kuwait.   What are the key rules/laws relevant to M&A and who are the key regulatory authorities? There are a number of…

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ASAR authors the Chambers & Partner’s ‘Corporate M&A 2023’ Global Practice Guide for Kuwait

Corporate M&A 2023 Kuwait Law & Practice 1. Trends 1.1 M&A Market M&A remained at a steady pace in 2022. Cross-border activity has also remained at a steady pace. This trend has been largely driven by the overall rebound of businesses from…

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ASAR authors the Kuwait Chapter for GAR’s ‘Middle Eastern and African Arbitration Review’ 2023

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…

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ASAR authors the Kuwait chapter of the Chambers and Partners guide on “Doing Business in…2022″

Doing Business in Kuwait 2022   Legal System  1.1 LEGAL SYSTEM Kuwait is a civil law jurisdiction and the judiciary of Kuwait is structured in three levels: the Court of First Instance, the Court of Appeals and the Court of Cassation….

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ASAR – Al Ruwayeh & Partners Joins United Nations Global Compact Initiative

ASAR is the first and only law firm in Kuwait to align its business operations and strategies with the ten principles of the United Nations Global Compact Initiative   ASAR – Al Ruwayeh & Partners (ASAR), Kuwait’s leading tier one corporate…

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ASAR assists Bukhamseen group holding on their new “Mandarin Oriental, Kuwait” luxury hotel project

It was a privilege to again assist Bukhamseen Group Holding (BGH) as their Kuwait legal counsel in relation to the development of BGH’s new luxury hotel project in Kuwait, to be known as “Mandarin Oriental, Kuwait”. The Mandarin Oriental, Kuwait will…

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