ASAR has been featured as an exclusive contributor in the 9th edition of The Legal 500: Mergers & Acquisitions Law Guide. This guide offers an overview of Kuwait’s M&A legal landscape, touching on key regulatory frameworks, transactional considerations, and local market dynamics while focusing…
Mustafa Sayed has been promoted to the position of Senior Associate
We’re happy to announce that Mustafa Sayed has been promoted to Senior Associate within our Corporate and Commercial legal team. Mustafa made a significant impact since joining us in 2018 and has demonstrated a strong work ethic adding much value, not only to our…
Eid Mubarak!
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. Let’s 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. In recent judgements concerning appeals against paragraph 1 of Article 34, the Court emphasised the…
Kuwait Foreigner’s Residency Law – Key changes for expats
Important amendments to the Foreigner’s 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
𝗔𝗟𝗘𝗥𝗧: 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗮𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿𝗶𝗮𝗹 𝗥𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟰 𝗼𝗳 𝟮𝟬𝟮𝟯 𝗿𝗲𝗴𝗮𝗿𝗱𝗶𝗻𝗴 𝗨𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹 𝗢𝘄𝗻𝗲𝗿𝘀 (𝗨𝗕𝗢 𝗥𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻) 𝗵𝗮𝘃𝗲 𝗯𝗲𝗲𝗻 𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝗱 𝗯𝘆 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿𝗶𝗮𝗹 𝗥𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟭𝟲 𝗼𝗳 𝟮𝟬𝟮𝟱. 𝗞𝗲𝘆 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁𝘀: 𝘼𝙙𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 𝙀𝙭𝙚𝙢𝙥𝙩𝙞𝙤𝙣𝙨 The list of entities that are exempt from the application of…
Navigating High-Value Deals: ASAR Advises on Burgan Bank’s 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 ASAR’s Artist for 2025 – Nourah Altourah
ASAR is happy to announce Nourah Altourah as our featured artist for 2025. Noura’s work will be showcased throughout the year in ASAR’s Art Arena. Nourah is a Kuwaiti artist whose drawings offer a unique perspective on local heritage. Through meticulous…