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May 16, 2016
The Central Bank of Bahrain (CBB) has a revised regulation on the enforceability of netting agreements on the books. The bank issued Regulation No. 44 of 2014 regarding closeout netting under market contracts with the overall goals of reinforcing and clarifying the legal foundation for enforcing netting agreements in the kingdom.
Read more →May 9, 2016
Kuwait's most prominent corporate law firm, Al Ruwayeh & Partners (ASAR), represented Kuwait Finance House, National Bank of Kuwait and other Kuwaiti financial groups in connection with financing the Kuwait National Petroleum Company's (KNPC) clean fuels project. The project calls for the improvement of Mina Abdulla and Mina Al Ahmadi refineries.
Read more →September 22, 2015
Ahmed Barakat, managing partner at Al Ruwayeh, addressed the global and regional economic and investment outlook at the annual conference that brings together senior government officials, market experts and business leaders to discuss major issues in the global economy. This year’s subject set particular focus on the recent developments in the Kuwaiti financial sector.
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