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Al Wagayan, Al Awadhi & Al Saif is the largest law firm in the State of Kuwait. We provide legal services and solutions to foreign companies and institutions doing business in Kuwait as well as representing large Kuwaiti establishments with respect to matters both in Kuwait and abroad.



 
LAW FIRM ACTS FOR GLOBAL IN US$ 2 BILLION EURO MEDIUM TERM NOTE PROGRAMME
Al Wagayan, Al Awadhi & Al Saif acted on behalf of Global Investment House under a U.S. $ 2,000,000,000 Euro Medium Term Note Programme.   Using an off-shore special purpose vehicle, Global may from time to time issue notes denominated... Read More

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LAW FIRM ESTABLISHES HEDGE FUND ON BEHALF OF ALROU’YAH INVESTMENT & LEASING COMPANY
A team of Al Wagayan, Al Awadhi & Al Saif lawyers recently established an off-shore hedge fund in the Cayman Islands on behalf of Alrou’yah Investment & Leasing Company, K.S.C.   Alrou’yah Hedge Fund was established as a US dollar... Read More

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AWAS REPRESENTS BNP PARIBAS IN US $100 MILLION SUKUK TRANSACTION IN KUWAIT
Al Wagayan, Al Awadhi & Al Saif successfully represented BNP Paribas, which acted  as Senior Joint Lead Manager,  in BNP’s first Sukuk transaction in the State of Kuwait regarding a US$100 Million Sukuk Musharaka transaction with... Read More

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LAW FIRM ACTS AS COUNSEL FOR HSH NORDBANK ON $163 MILLION AVIATION FINANCE DEAL
HSH Nordbank, one of the largest corporate financing banks, through its Kuwaiti based counsel of Al Wagayan, Al Awadhi & Al Saif recently closed a $163.8 Million interim financing agreement with Kuwait’s International Cargo Airlines Company,... Read More

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NAJEEB AL WAGAYAN WINS LANDMARK RULING IN BOUBYAN BANK SHAREHOLDERS’ CASE
In a landmark ruling, Mr. Najeeb Al-Wagayan successfully defended several defendants who were charged with various wrong-doings regarding the subscription of shares in Boubyan Bank. Boubyan Bank was established in 2004 by Amiri Decree No. 88 with a... Read More

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LAW FIRM ACTS AS COUNSEL FOR ALAFCO IN PURCHASE OF BOEING AIRCRAFT
Acting as Kuwait counsel, Al Wagayan, Al Awadhi & Al Saif recently represented ALAFCO Aviation Lease & Finance Company, K.S.C. in connection with the purchase and finance of two Boeing 737-85P Aircraft.  The multi-million dollar... Read More

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LAW FIRM CONDUCTS $49 MILLION PRIVATE PLACEMENT FOR GULF INVESTMENT HOUSE ON BEHALF OF AFKAR HOLDING
A team of Al Wagayan, Al Awadhi & Al Saif lawyers represented issue manager Gulf Investment House (“GIH”) in a KD 49 million private placement of the common shares of Afkar Holding Company, K.S.C., a Kuwait closed shareholding company... Read More

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AL WAGAYAN, AL AWADHI & AL SAIF REPRESENTS LMC IN $200 MILLION SUKUK ISSUE IN KUWAIT
  Liquidity Management Centre BSC (“LMC”), the Mandated Lead Arranger for the largest Sukuk Issue in Kuwait for Al Ahlia Gulf Holding Company, has announced the successful closing of the US$ 200 million Lagoon City Islamic Musharaka... Read More

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Al Wagayan, Al Awadhi & Al Saif
Suad Commercial Complex, 9th Floor, P.O. Box 22833 – Safat 13089 Kuwait
TEL:+965 2472317 – FAX:+965 2472318 - EMAIL: info@awaslegal.com


 
 


KUWAIT ASSEMBLY PASSES NEW ZAKAT TAXATION LAW
 

12/1/2007

In November, 2006, the Kuwait Parliament on first and second reading approved a bill on the payment of zakat (alms) and donations by shareholding companies and referred it to the Cabinet. The first article of the law stipulates that Kuwaiti...
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