23 October 2016

Kuwait – ASAR - Al Ruwayeh & Partners (ASAR), Kuwait’s leading and most prominent corporate law firm, and one of the region’s top tier firms, is pleased to announce that it has for the 8th consecutive year been awarded the prestigious “National Law Firm of the Year Award” for 2016 presented by the International Financial Law Review (IFLR), the leading financial market guide for financial law firms worldwide.  The awards ceremony that was held on 19th October 2016 at Burj Al Arab hotel, Dubai, saw the attendance of partners and representatives from other leading GCC and international law firms.

In addition to winning the above award, ASAR was also nominated for its role in five other major transactions namely, for debt and equity-linked deal of the year – the Burgan Bank Tier 2 bond issuance, for project finance deal of the year – Orpic Liwa Plastics transaction, 2 nominations under the restructuring deal of the year – the National Industries Euro Sukuk restructuring and the Wataniya Airways restructuring, and for the domestic deal of the year – the National Industries Group bond issuance.

Mr. Sam Habbas– Senior Partner at ASAR noted that: “It was a successful evening for the firm at this year’s IFLR Middle East Awards ceremony. We are delighted to have won the highly coveted National Law Firm of the Year Award for 2016 and to also have been nominated in so many other categories. We feel that this is a testament to the strength of our position as market leaders in Kuwait and in Bahrain. It is a reflection of our consistent diligence and commitment in providing quality legal services of the highest caliber. Always putting our clients first is a non-negotiable principle of our firm; their success is our success. We intend to keep it that way.”

Ahmed Barakat – Managing Partner at ASAR noted that: “It is such a great honor for our firm to receive the Kuwait National Law Firm of the Year Award which we have now been fortunate to receive for an eighth consecutive year. We are also delighted to have been nominated in several other deal categories. The IFLR award and nominations recognize our expertise across a whole range of legal areas and highlight the nature and extent to which we continue to forge ahead in leading the market.  These awards reflect the strength and depth of our practice and the extraordinary efforts of all of our lawyers in Kuwait and in Bahrain.”

With dedicated offices in Kuwait and Bahrain coupled with its associated offices and relationships, ASAR provides clients across an extensive range of industry sectors with comprehensive legal advice and support for their business activities in Kuwait, Bahrain, across the GCC and beyond.

The firm has been consistently rated as the leading corporate and commercial law firm in Kuwait by reputable legal guides such as the Chambers Global Guide, International Financial Law Review (IFLR) and the Legal 500. In 2016, ASAR was awarded with the IFLR National Law Firm of the Year Award; an award which ASAR has been delighted to receive for the 8th consecutive year.

ASAR lawyers have also received multiple awards under different categories in the Fourth Edition of ‘Best Lawyers’ in Kuwait.

-Ends-

About ASAR - Al Ruwayeh & Partners (ASAR)
ASAR - Al Ruwayeh & Partners ("ASAR") is Kuwait’s leading tier one corporate law firm and one of the most prominent firms operating across the GCC. ASAR provides clients with comprehensive legal support for their business activities. Together with its office in Bahrain, the firm advises a broad array of local and international businesses in both the public and private sectors.

ASAR operates across an extensive list of practices that include banking and finance, capital markets, mergers and acquisitions, privatizations, corporate and commercial transactions, energy, real estate, restructuring, private equity, shipping, employment, environment, franchising, insurance, agencies and distributorships, construction, government projects, intellectual property, securities, taxation, commercial litigation and arbitration.

The firm has been consistently rated as the leading corporate and commercial law firm in Kuwait by legal guides such as the Chambers Global Guide, International Financial Law Review and the Legal 500.

© Press Release 2016