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…
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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…
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From Saudi Arabia to Kuwait and back again
Saudi Arabia and Kuwait are taking an ambitious leap towards progress with the development of a high-speed rail link connecting Riyadh to Kuwait City. This groundbreaking regional transport project is a key part of the two GCC countries’ broader plan to…
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Kuwait is taking strides towards reaching its renewable energy goals
As part of the Kuwait Government’s efforts towards achieving its -renewable energy goals set in the Kuwait Vision 2035 and Kuwait’s strategy for renewable and sustainable energy for the years 2030 – 2050, the Minister of Electricity, Water and Renewable Energy,…
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ASAR secures significant victory for its client
In an important decision, the Kuwait Cassation Court brought to an end a dispute, involving the recognition of a Saudi Court Execution order. The dispute arose from a revolving debt granted by the client to a Saudi company, with a personal…
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ASAR – Al Ruwayeh & Partners awarded the prestigious Chambers and Partners “Kuwait Law Firm of the Year” at the Chambers Middle East Awards 2024
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…
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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…
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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…
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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…
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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…
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