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Law Professor, John Ntambirweki, is Dead

Law Professor, John Ntambirweki, is Dead
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M&A Report 2022: Kuwait

Ezekiel Tuma, John Cunha and Brenda Ntambirweki, ASAR-Al Ruwayeh & Partners ....

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M&A Report 2021: Kuwait | International Financial Law Review

March 16 2021
A small increase in M&A activity was expected in Kuwait following a strong start to 2020. However, the COVID-19 pandemic had a significant negative effect on transaction volumes, with deals almost coming to a standstill during the second quarter of the year.
While it was expected that the gap between public and private M&A would continue to narrow over the recent Morgan Stanley Capital International (MCSI) upgrade reclassification of Kuwait from frontier market to emerging market , public M&A transaction volumes also reduced on account of the pandemic.
Moreover, the proposed takeover of Bahrain-based Ahli United Bank by Kuwait Finance House (KFH), the country s largest Islamic bank, was provisionally put on hold. The transaction had been expected to create the world s largest Islamic banking entity by asset value and continues to generate debate in GCC region. This transaction was visibly affected by the COVID-19 pandemic, as sh ....

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