From everyone at ASAR, wishing you and your family a peaceful and joyful festive season. Artwork by Nourah Altourah (@nourah_art).
How AI Is Changing Decisions in Banking and Securities
Artificial Intelligence (AI) in Banking and Securities Activities– Transforming Decision-Making Part 1 of the series: Algorithmic Consent, Liability and Corporate Governance – How Kuwait Financial Institutions Must Make AI Work with the Law By Emile Khoury Hélou (Of Counsel) AI’s Rapid…
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…
ASAR Advises National Bank of Kuwait on Landmark Fintech Acquisition
ASAR is pleased to announce its role in the successful closing of a landmark fintech M&A transaction. We advised National Bank of Kuwait on its acquisition of a controlling stake in Upayments. Our team provided comprehensive legal counsel throughout the transaction,…
ASAR Announces Leadership Transition
ASAR is pleased to announce upcoming changes to the firm’s leadership structure, effective November 1, 2024. These changes reflect the firm’s continued growth and commitment to provide exceptional legal services to all our clients. Sam Habbas, our Co-Founder and Senior Partner…
Introducing ASAR’s Art Arena – the yearly initiative that spotlights talented individuals
Our support for the Middle Eastern Art Community speaks of our commitment to diversity, our passion for community, and the empowerment of the world in which we live beyond our office walls. ASAR intends, each year, to commission a new artist…
Jadwa and Gissah, a scent-sational tie-up!
ASAR (as Kuwait counsel) acted as Kuwait law counsel to Jadwa and its subsidiary Entertainment Opportunities Investment Company LLC (the “Buyer”) in relation to the acquisition of 35% of Gissah for Perfumes, Teeb and Oud Company W.L.L (the “Target”) which operates…
We have been shortlisted for 5 awards at the IFLR Middle East Awards
The IFLR Middle East Awards showcase regional legal innovation of the highest caliber. This year, we are please to have been shortlisted for five awards, two of which have been outlined below: Equity Deal of the Year – Americana Restaurants dual…
Stay on top of Data Protection and Privacy
The Communication and Informal Technology Authority (CITRA) issued resolution No. 244 of 2023 amending the previous No. 42 of 2021 – Data Protection Resolution (DPR). The implementation of data protection and privacy laws and regulations is a fairly new development in…
Kuwait Law Update: Issuance of Resolution No. 45/471/2023, which supersedes the former Resolution No. 430/44/2018 on e-payment services in Kuwait
Written by Ibrahim Sattout and Hussein Azmy The Central Bank of Kuwait recently issued Resolution No. 45/471/2023 regulating e-payment services, which represents an important regulatory development for market players in Kuwait’s financial sector, including banks, credit card companies and e-payment service…