ASAR - Al Ruwayeh & Partners (ASAR), Kuwait's leading and most important corporate law firm and one of the region's top companies, We are pleased to announce that this is the 11th consecutive year that the National Financial Law Review (IFLR), the world's leading market guide for corporate and financial law firms around the world, has been awarded. The 2019 IFLR National Award presented to ASAR was awarded to Kuwait's "Most Innovative Law Firm of the Year". Held at Dubai's Burj Al Arab Hotel on October 16, 2019, the award ceremony was attended by representatives of shareholders and other leading GCC and international law firms.

Sam Habbas-ASAR's senior partner noted: This is another remarkable year for Azhar at the IFLR Awards. Receiving the IFLR National Award for Kuwait for the 11th consecutive year is indeed a significant milestone. In addition, we were also fortunate to be nominated and recognized for our work in the IFLR M&A Contract of the Year. This aiehpelar national award to earn our customers' ability and quality and a testimony to their commercial transactions dealing with our company for their confidence in the absolute level, and of course, high-efficiency, commitment and Kuwait and Bahrain, two countries with our lawyers, following a caliber provide quality of service to customers. One of the main reasons why we have achieved such great success in our work is because Kuwait continues to produce high quality and sophisticated corporate and business transactions. Our success is driven by the ever-increasing sophistication of Kuwait's jurisdiction and the high quality of legal services provided by colleagues in Kuwait. As always, putting our customers first is a cornerstone of ASAR; Their success is our success, and we intend to keep it that way.

Ahmed Barakat - Managing Partner of ASAR stated: We are thrilled to be recognized by the highly respected IFLR as our Senior Partner, Sam Habbas, Lifetime Achievement Award winner for 2019. The award is one of the most selective, underscoring the impact that Sam Habas has had on the development of Kuwait's legal services sector. In addition, our company is once again recognized by IFLR as the most innovative company in Kuwait, emphasizing that our company has been a leading player in advising on the best transactions in Kuwait, building the building blocks of the Kuwait 2035 Development Plan. These awards also reflect our company's commitment to providing our customers with the highest-order service, thereby crossing the finish line with them in successfully closing the ground and innovative transactions. As always, we are committed to providing sophisticated legal advice to our clients across all sectors in Kuwait and Bahrain.

With exclusive offices in Kuwait and Bahrain and its associated offices and relationships, ASAR provides clients with comprehensive professional advice and comprehensive legal advice and support for their business operations in Kuwait, Bahrain, GCC and beyond.

The company is consistently rated as Kuwait's leading corporate and business law firm by reputed legal guides such as International Financial Law Review (IFLR), Chambers Global Guide and Law 500. In 2017, Adeptio AD Investments SPC Limited, which acquired a 93.4% stake in Kuwait Food Corporation (Americana), won the "IFLR M&A Deal of the Year Award" for ASAR's role as Kuwait Legal Advisor, and the "IFLR Restructuring Agreement" Various shop related to renovation An providers act as legal advisor to the Kuwait's role in the ASAR.