Kuwait Times

ASAR - Al Ruwayeh & Partners receives IFLR 2016 ‘National Law Firm of the Year Award for the 8th year in a row

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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.

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