Al Tamimi & Company‘s banking and finance department is a key port of call for multinational financial companies, and leverages expertise in project financing, capital market transactions, and conventional and Islamic loans, including bilateral and syndicated deals. The Kuwait City-based practice is headed by Omar Handoush, who is sought after for his experience in high-value, cross-border syndicated loan facilities, bonds, and financing. Madhurima Basu is a key member of the team for equity and derivatives transactions, while Yomna El Shibawy and Amna Khan are experienced in Sukuk, Wakala, Murabaha, and other transactions involving Islamic financial instruments.
Banking and finance in Kuwait
Al Tamimi & Company
Praxisleiter:
Omar Handoush
Weitere Kernanwälte:
Madhurima Basu; Yomna El Shibawy; Amna Khan
Referenzen
‘We work with the team consisting of Omar Handoush, Madhurima Basu and Amna Khan. They are very diligent, responsive and hands-on.’
Kernmandanten
Al Ahli Bank of Kuwait
Barclays
BNP Paribas
Boubyan Bank
Commercial Bank of Kuwait
First Abu Dhabi Bank
Goldman Sachs
HSBC Middle East
Kuwait Finance House
Mashreq
Mizuho Bank
National Bank of Kuwait
Standard Chartered Bank
Warba Bank
Highlight-Mandate
- Advised Standard Chartered Bank (UAE) in its capacity as the arranger in relation to Warba’s Bank, one of Kuwait’s most prominent sharia compliant financial institution, on a USD250m Perpetual Additional Tier 1 Capital Sukuk.
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- Advised Mizuho Bank, Ltd., the lead arranger of the first Certificate of Deposit Programme issued by Burgan Bank.
- Advised InvestGB on the establishment and registration of the „Al-Lulwah Money Market Fund” with the Kuwait Capital Markets Authority.
ASAR - Al Ruwayeh & Partners
The banking and finance team at ASAR – Al Ruwayeh & Partners is praised by clients for its ‘unparalleled combination of technical excellence, commercial insight, and pragmatic execution’. The department is directed by Rob Little, who boasts over 28 years of experience in conventional, Islamic, and capital markets transactions. Ibrahim Sattout is a key member of the team for both local and cross-border Islamic finance sales, including Murabaha and Sukuk, as well as debt restructuring and project financing. John Cunha and Ezekiel Tuma‘s areas of expertise include sales pertaining to derivatives, issuance, bonds, and a range of other products. Hussein Azmy is also a key member of the practice.
Praxisleiter:
Rob Little
Weitere Kernanwälte:
Sam Habbas; Ibrahim Sattout; Ezekiel Tuma; John Cunha; Hussein Azmy
Referenzen
‘Great work product always promptly delivered.’
‘Very responsive team. Have found them to deal with issues quickly and have handled transactions in an efficient manner. Are very user-friendly and good to work with.’
‘John Cunha is an exceptional lawyer. He knows the local laws inside-out and communicates the legal position in a very clear and concise manner. Our go-to lawyer for Kuwait matters.’
Kernmandanten
Abu Dhabi Commercial Bank PJSC
Ahli United Bank B.S.C.
Arab banking Corporation
Citibank
Emirates NBD Bank PJSC
HSBC Bank Middle East Ltd
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 AirFinance Group
Boubyan Bank
Highlight-Mandate
- Acted as Kuwait law counsel to each of Abu Dhabi Islamic Bank PJSC, Arab Banking Corporation (B.S.C.), Boubyan Bank K.S.C.P., Dubai Islamic Bank PJSC, First Abu Dhabi Bank PJSC, HSBC Bank plc, Mashreqbank PSC, Mizuho International plc, Standard Chartered Bank, and The Islamic Corporation for the Development of the Private Sector in relation to the issuance by KFH Sukuk Company of USD1bn 5.376% trust certificates due 2030 under its USD4bn Trust Certificate Issuance Programme.
- Acted as Kuwait law counsel to Kuwait Finance House in relation to the transfer of the current outstanding financing exposure (on the same economic terms) for two Aircraft, MSN 62566 and MSN 62567, being acquired by Macquarie AirFinance Holding Ltd or its affiliate(s) from ALAFCO Aviation Lease and Finance Company, and a new financing for a third aircraft to be acquired by Macquarie AirFinance from ALAFCO, MSN 62570, for the purpose of funding the acquisition of the above aircrafts by Macquarie AirFinance through an Ijarah financing structure, in a financing deal valued at USD90.48m
- Acted as Kuwait law counsel to several Joint Lead Managers in connection with the issuance of USD750m trust certificates due 2031 by EQUATE Sukuk SPC Ltd under its USD2bn Trust Certificate Issuance Programme and representing obligations of EQUATE Petrochemical Company K.S.C.C., such obligations unconditionally and irrevocably guaranteed by The Kuwait Olefins Company K.S.C.C.
GLA & Company
GLA & Company's banking and finance department is a key port of call for both local and regional cross-border transactions, leveraging a breadth of experience in advising major local and multinational clients across a wide breadth of mandates. This offering includes regional cross-border transactions that encompass bilateral and syndicated loan facilities, project financing, bonds, restructurings, and a track record in Islamic financial instruments. Alex Salah co-heads the department alongside Ashraf Hendi, with the former’s broad expertise in GCC and Islamic finance transactions complementing the latter’s background in capital markets, international lending, and financial regulatory mandates.
Praxisleiter:
Alex Saleh; Ashraf Hendi
Referenzen
‘Strong team in Kuwait, with a deep bench. Also very responsive and approachable.’
‘Alex Salah is very experienced, having been in the Kuwaiti market for many years.‘
Kernmandanten
ICBC – Industrial and Commercial Bank of China
Boutiqaat
Bank Muscat
BNP Paribas
BBK – Bank of Bahrain and Kuwait
Highlight-Mandate
- Representing Sharjah Islamic Bank in connection with a financing transaction.
- Advising a facility agent and mandated lead arranger on a syndicated loan transaction to extend facilities to the National Bank of Kuwait for general corporate purposes.
Al Markaz Law Firm
Al Markaz Law Firm's banking and finance department includes among its portfolio of clients both local and international banks, funds, investors, and a spectrum of financial companies. The team is often retained to advise on a range of regulatory and transactional matters that encompass Kuwait, the GCC, and international jurisdictions, and it also supports clients with project financing, Islamic financial products, and conventional facilities and loans. Ayman Nada leads the team and works closely with Mohammad Ramadan and Nazih Hameed on infrastructure-based financings, as well as debt restructurings and other transactional mandates.
Praxisleiter:
Ayman Nada
Weitere Kernanwälte:
Nazih Hameed; Mohammad Ramadan
Highlight-Mandate
Al Oula Law Firm (Adel Abdulhadi & Partners)
Al Oula Law Firm (Adel Abdulhadi & Partners)'s banking and finance practice advises companies on a range of regulatory and transactional matters, and, in addition to its track record in advising clients before the Capital Markets Authority, is frequently active in mandates pertaining to bilateral and syndicated loans, bonds, facilities, Islamic finance instruments, and debt restructuring. Fayez Al Dosari heads the team and, along with Talal Abdulhadi, is sought after by clients in a number of project finance and conventional financing matters.
Praxisleiter:
Fayez Al Dosari
Weitere Kernanwälte:
Talal Abdulhadi
Referenzen
‘From my perspective, I believe that Al Oula law team are well equipped and creative in serving the interests of clients, whether individuals or corporations. Al Oula doesn’t only solve legal complicated cases but also guides clients to better understand which are the best options to achieve interests in their dealing with the banks.’
‘I very much recommend Fayez Al Dousari as a leading lawyer in banking and finance. His excellent experience and ability to negotiate makes him highly qualified to solve difficult obstacles and also create a flexible atmosphere for successful results.‘
Kernmandanten
Ernst & Young Ltd
Ashurst LLP
Al-Duhaim Auto
Aljawda AlKuwaitia for Food Stuff & Vegetables and Fruits KSCC
Green Carbon Company
Boland & Al Gharabally Company
Kana Group for General Trading & Contracting
Bassam Al Saqran
Suleiman Al Saqran
Ali Abdulwahab Al Refai
Adel Al Saqabi
Boyua & Aamal for General Trading and Contracting Company
Highlight-Mandate
- Advised a client on the establishment of a detailed Kuwait Bank Manual.
- Represented a personal guarantor of a bank loan in negotiations with another lender.
- Represented a real estate entrepreneur in loan restructuring negotiations with a lender.
Alfahad & Partners (Consultants and Attorneys)
Alfahad & Partners (Consultants and Attorneys)'s financial offering is geared towards a spectrum of contentious and non-contentious mandates. Faisal Alfahad jointly spearheads the Kuwait City-based practice alongside Shamoil Ranijiwala, and this duo includes among their portfolio of clients local and international banks, telecommunications companies, and others active in various capital markets-related matters. Karam Abdulzaher is also a key member of the team, boasting over 30 years’ experience in Islamic finance matters and financial litigation.
Praxisleiter:
Faisal Alfahad; Shamoil Ranijiwala
Weitere Kernanwälte:
Karam Adbulzaher
Referenzen
‘The Team is very professional. They are able to timely interact and respond to our work requirements. The team always maintains such high standards of professionalism.’
‘Sometimes, we have different working hours than AlFahad, but their lawyers and staff reply to our work needs effectively and timely. The staff of Alfahad & Partners that we worked with are very professional.’
Kernmandanten
KFH Capital Investment Company
Ahli United Bank
Warba Bank
A’ayan Leasing and Investment Company K.S.C.P.
Kuwait Finance House
The Family Office
Al Imtiaz Investment Group KSCP
National Investment Co.
Al Ahlia Holdings Co.
Noor Financial Investment Company KPSC
NCM Investment
Almowazi Capital
Portland Cement
Highlight-Mandate
- Advising Warba Bank KSCP on its merger with Gulf Bank to form Kuwait’s third largest banking institution.
- Advised A’ayan Leasing and Investment Company K.S.C.P. on mandatory acquisition of 100% of the shares of Aayan Real Estate Company and Mubarrad Holding Company K.S.C.P.
- Representing Almowazi Capital before the CMA for a Crowdfunding License, marking the first such license issued in the State of Kuwait.