M&A Report 2023: Bahrain Market overview The Gulf Cooperation Council (GCC) countries have seen a rise in consolidation as pandemic restrictions have been eased, including corporate strategic M&A transactions in Bahrain, particularly in the banking sector. Kuwait Finance House (KFH)…
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…
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…
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…
New Requirement to Disclose Ultimate Beneficial Ownership (UBO) – Highlights
In association with anti-money laundering legislation, the Kuwait Ministry of Commerce and Industry (MOCI) recently issued Resolution No. 4 of 2023 on the Procedures for the Identification of the Actual Beneficiary (the UBO Resolution). It has come into effect on April 1,…
ASAR – Al Ruwayeh & Partners Wins ‘Kuwait Deal of the Year 2022’, ‘M&A Deal of the Year 2022’, and ‘Overall IFN Deal of the Year 2022’ at IFN Awards 2023
ASAR – Al Ruwayeh & Partners (ASAR), Kuwait’s leading tier 1 corporate and commercial law firm, is pleased to announce that it has been awarded three prestigious accolades at the IFN Awards 2023 which took place at the Conrad Hotel, Dubai….
Steven Brown joins ‘Interpreting Convertible Notes’ seminar hosted by KPMG and EDB in Bahrain
ASAR is pleased to have Partner, Steven Brown, take part in ‘Interpreting Convertible Notes’ seminar taking place on 20 March 2023 in Gulf Hotel, Bahrain. The seminar is hosted by KPMG in Bahrain in collaboration with the Bahrain Economic Development Board…
Bahrain Law Update related to the use of English language in Bahrain Courts
On 9 March 2023, the Ministry of Justice, Islamic Affairs and Waqf on replaced Resolution No. 117 of 2021 relating to the use of language other than Arabic in the Bahrain Courts with a new resolution (No. 28 of 2023) (the…