Hall Of Fame

Next Generation Partners

Banking and finance in Kuwait

Al Markaz Law Firm

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.

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 LittleIbrahim 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.