The banking and finance team at Al Markaz Law Firm regularly advises clients on local and multi-jurisdictional mandates, including transactions, refinancings, restructurings, and contentious matters. The team demonstrates notable aptitude in project financing matters, typically involving major or novel projects, and especially those done through PPPs. Ayman Nada heads the banking team and fields more than 26 years of experience, including in financial work, and is particularly sought after for his restructuring experience. Associate Mohammad Ramadan is extensively experienced in securities transactions, while Nazih Hameed is skilled in PPP project finance.
Banking and finance in Kuwait
Al Markaz Law Firm
Praxisleiter:
Ayman Nada
Weitere Kernanwälte:
Mohammad Ramadan; Nazih Hameed
Highlight-Mandate
Al Tamimi & Company
Al Tamimi & Company's banking and finance team carries broad expertise in Islamic and conventional finance matters, working closely with local Kuwaiti clients in project financing, Shari’a securitisations, and syndicated and bilateral loans, and is a key port of call for cross-border facility transactions. The department is headed by Omar Handoush, a go-to for high-value transactions in the Kuwaiti market. He is supported by the debt capital market, derivatives, and Islamic finance experience of Madhurima Basu. Associates Yomna El Shibawy and Amna Khan are also both key members of the team, especially in transactional matters.
Praxisleiter:
Omar Handoush
Weitere Kernanwälte:
Madhurima Basu; Yomna El Shibawy; Amna Khan
Referenzen
‘We have found Al Tamimi’s assistance and advice in our dealings with this jurisdiction to be invaluable.’
‘Their practical advice and swift responses throughout our various transactions in the region over the past year have been greatly appreciated.’
‘Omar Handoush is particularly helpful and responsive.’
Kernmandanten
Al Ahli Bank of Kuwait
Abu Dhabi Commercial Bank
Barclays
BNP Paribas
Boubyan Bank
Burgan Bank
Commercial Bank of Kuwait
Emirates NBD
First Abu Dhabi Bank
Goldman Sachs
Gulf Bank
HSBC
Industrial and Commercial Bank of China
JP Morgan
Korea Development Bank
Kuwait Finance House
Kuwait International Bank
Lulu Group International
Mashreq Bank
Morgan Stanley
NAPESCO
National Bank of Kuwait
Shamal Az-Zour Al Oula Power and Water Public Company
Standard Chartered Bank
Warba Bank
Windsor Brokers
Zephyrus Aviation Capital
Highlight-Mandate
- Advised Commercial Bank of Kuwait on the set-up of a KWD100m Bond Programme, the first Tier II Bond Programme by a Kuwaiti bank and in Kuwaiti Dinar denomination.
- Acted as Kuwait legal counsel for a syndication of commercial banks, Islamic financiers, and hedging banks in the US$1.2bn refinancing of the Al Dur Independent Water and Power Project in Bahrain.
- Advised Zephyrus Aviation Capital on the leasing of one Airbus A320-200 aircraft to Jazeera Airways K.S.C.P. a Kuwaiti airline operator.
ASAR - Al Ruwayeh & Partners
ASAR – Al Ruwayeh & Partners's banking and finance department leverages its ‘wealth of knowledge and a diverse range of specialisations’ in pursuit of various high-profile mandates involving capital markets, Islamic and conventional finance, and project financing, as well as equity and debt transactions. Noted as ‘responsive' and 'commercial’, the team is frequently retained in high-value project financing matters, including novel PPP projects, and is well positioned to handle cross-border matters, especially regional GCC and multi-jurisdictional matters. The team is led by senior partners John Cunha and Rob Little. Ibrahim Sattout boasts over 30 years of experience in high-value transactions in the finance and capital markets sector, while Ezekiel Tuma holds broad expertise in finance restructuring and cross-border financing matters.
Praxisleiter:
Rob Little; Ibrahim Sattout; Ezekiel Tuma; John Cunha
Referenzen
‘ASAR’s practice is distinguished by its deep understanding of the legal landscapes in Bahrain and Kuwait. The team is composed of highly skilled professionals who bring a wealth of knowledge and a diverse range of specialisations to the table. This unique combination of attributes makes ASAR a standout choice for clients seeking legal advice in these jurisdictions.’
‘The key individuals we work with in Kuwait are John Cunha and Rob Little. The service provided by all of these individuals is consistently exceptional. They deliver a strong work product, and have become trusted partners to our firm. Time is typically of the essence where we instruct ASAR, and we are grateful to the entire team in consistently meeting deadlines with clear and commercial advice.’
‘A collective of very strong practitioners, very responsive and knowledgable on local law matters. The “go to” firm in Kuwait and Bahrain and we would only ever not use them if conflicted. They are one of the few firms that cover a broad range of practice areas but has depth of expertise in each.’
Kernmandanten
Abu Dhabi Commercial Bank PJSC
Ahli United Bank B.S.C.
Citibank
Emirates NBD Bank PJSC
HSBC Bank Middle East Limited
Kuwait Finance House
National Bank of Kuwait
First Abu Dhabi Bank
Standard Chartered
Warba Bank
Gulf Bank
Arab Banking Corporation
JPMorgan Chase Bank
Gulf Investment Corporation
Macquarie Air Finance Group Limited
Boubyan Bank
Highlight-Mandate
- Acted for Fairfax Financial Holdings Limited and its affiliates (Fairfax) in their mandatory takeover.
- Acted as local counsel to Emirates Islamic Bank as lender in connection with the latter’s grant of a commodity murabaha financing to ABK Kuwait (acting through its DIFC branch).
- Acted as Kuwait law counsel to the Finance Parties in connection with a US$500m bridge facility agreement entered into between Equate Petrochemical Company K.S.C.C. and a syndicate of international banks.
Alfahad & Partners (Consultants and Attorneys)
Alfahad & Partners (Consultants and Attorneys)'s financial team offers a range of contentious and non-contentious advisory services to clients in the banking and capital markets sector. The team is notably experienced in complex regulatory matters, along with criminal litigation, and contractual and civil claims in the financial sector, and in particular before the Capital Markets Authority. Faisal Alfahad heads up the team and is sought after by clients for his over 17 years of experience in financial law.
Praxisleiter:
Faisal Alfahad
Kernmandanten
KFH Capital Investment Company
Ahli United Bank
Kuwait Finance House
Noor Financial Investment Company KPSC
Aayan Investment Co.
Securities House Company
Al Muwazi Capital
Gate House Capital
NCM Investments
Al Ahlia Holdings Co.
Highlight-Mandate
GLA & Company
Alex Salah leads the finance offering at GLA & Company, and operates in numerous transactional matters in GCC jurisdictions, including syndicated loan facilitation, project finance, facilities, bonds, and debt transactions. The team is increasingly relied upon to oversee Shariah-compliant transactions, including complex Sukuk and Wakala.
Praxisleiter:
Alex Saleh
Kernmandanten
EnerTech
Cognita Middle East Holdings Limited
Silver Lake
Emerson
Ahli Bank of Kuwait
Project Amber – Bashar Al-Ameer
Bait Al Aseel Group for General Trading and Contracting
Faisal Hamad Al Shayji and Partner W.L.L
Automak Automotive Company KSC
A’ayan Leasing and Investment Co. K.S.C.P.
Deutsche Bank AG
KISP Ventures Holding Limited
Agthia group PJSC
Columna Capital
Valmet
Allen & Overy
Jones Day
Highlight-Mandate
- Acted as Kuwaiti legal advisor for Deutsche Bank AG in a groundbreaking sovereign debt issuance that has allowed the Arab Republic of Egypt to secure a $500m 7-year international commercial loan, insured by the Arab Investment and Export Credit Guarantee Corporation.
- Advised a client on a significant transaction between Abu Dhabi Islamic Bank PJSC and Warba Bank, involving a USD75m Wakala syndicated facility.
Meysan Partners
Meysan Partners's banking and finance practice is a key actor in capital markets work in Kuwait, overseeing conventional and Islamic finance transactions in matters ranging from convertible bonds and tranches to procuring more novel types of sukuk. The team is led by its senior partners, which include Tarek Yehya, who holds over 20 years of experience in local and international financial transactions. Dually-qualified Abdulwahab Sadeq is sought after by clients for his cross-border experience, including in equity and debt transactions in the financial sector, and Bader El Jeaan is notably active in high-value securitisation mandates. Michel George Ghanem fields over 20 years of experience in healthcare, media, energy, and telecommunication-related transactions.
Praxisleiter:
Bader El Jeaan; Michel George Ghanem; Abdulwahab Sadeq; Tarek Yehya
Kernmandanten
Investcorp Group
The Securities House KSCC and Al Dhow Capita
Ahli Capital Investment Company K.S.C.C.
Kamco Investment Company K.S.C.P.
Al Ahli Bank of Kuwait KSCP
Kuwait Financial Centre K.P.S.C.
Kuwait International Bank KSCP
Warba Bank KSCP
Zain Fintech Holding WLL
Zain Insurtech Holding WLL
Highlight-Mandate
- Acted as legal counsel to Warba Bank K.S.C.P. in updating the USD2bn Trust Certificate Programme of Warba Sukuk Limited.
- Assisted Kuwait Financial Centre K.P.S.C. with the first ever Tier 2 bond programme in Kuwait.
- Represented the Al Ahli Bank of Kuwait KSCP in a USD326m rights issue.