ASAR – Al Ruwayeh & Partners is a trusted advisor to major banks throughout Bahrain and the broader Gulf, highly regarded for its expertise in conventional and Islamic banking, project finance, derivatives and capital markets. Practice head Steven Brown is well versed across the spectrum of cross-border finance transactions and also brings strong knowledge of corporate M&A, project development and business restructuring. He is supported by associate Rahul Sud, who has specialist expertise in the fintech and payment services sectors.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I have worked closely with ASAR on multiple financial services regulatory matters for international clients and have always found them to be thorough, commercial, and responsive. I would recommend their services without reservation.’

  • ‘I have worked particularly frequently with Rahul Sud and Steven Brown, who have provided excellent service.’

Key clients

  • Eskan Bank
  • Ithmaar Bank
  • Bank ABC
  • Ahli United Bank
  • Mashreqbank
  • First Abu Dhabi Bank
  • RBS
  • EFG Bank
  • Credit Suisse
  • Goldman Sachs
  • HSBC
  • JP Morgan Chase
  • Nomura
  • Bank of America Merrill Lynch
  • Deutsche Bank
  • Société Générale
  • Barclays Bank
  • BNP Paribas
  • SICO Bank
  • Citibank
  • Standard Chartered
  • Warba Bank
  • Gulf International Bank
  • Boubyan Bank

Work highlights

  • Advised Ahli United Bank (as target) on the cross-border takeover of its entire share capital by Kuwait Finance House.
  • Advised Bahrain Ship Repairing & Engineering, a publicly listed company, on the share buyback through the Bahrain Bourse.
  • Advised lenders to the Haya Power & Desalination Company in relation to the refinancing of various facilities for the financing of the Al Dur II independent water and power plant.

Lawyers

Practice head

The lawyer(s) leading their teams.

Steven Brown

Other key lawyers

Rahul Sud