Full Spectrum of Legal Services Corporate & Commercial Banking & Finance (Islamic) Capital Markets Commercial Litigation
Al-Hossam Legal (Al-Turqi & Partners) Legal Consultants & Attorneys provides high-end quality legal services on a full range of corporate, commercial, banking & finance (including Islamic finance), capital markets, M&A and high value commercial litigations. The firm has a strong track record at providing innovative legal structures within the boundaries of traditional local laws and evolving court precedents.
Landmark US$860 Million Sale by KIPCO of its 46.32% Stake in GIG
Al-Hossam Legal adeptly served as legal advisor to Kuwait Projects Company (KIPCO) in the strategic divestiture of its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transact
US$ 49 Million Acquisition by NAPESCO of a 52.92% Stake in UOP
Al-Hossam Legal is proud to announce its role as the sole legal counsel for National Petroleum Services Company (K.S.C.P) (“NAPESCO”), a major player in the oil services industry, in its
Court Commences Mushrif’s KWD 133.3 million Preventive Settlement
In a significant legal development, on December 24, 2023, the Kuwait Bankruptcy Management Court has granted approval for the initiation of preventive settlement procedures in favor of our c
KAPP Solicits Proposals for 50-Year Fixed Telecom Network Project
Official Announcement: The Kuwait Authority for Partnership Projects (“KAPP”), in conjunction with the Ministry of Communications of Kuwait (“MOC”), officially declar
Al Eid Food’s Successful 117.14 million Shares Rights Offering
Al-Hossam Legal is proud to have spearheaded, as the sole legal counsel, in the completion of the public rights offering by Al Eid Food Co. (K.S.C), a public company listed on Boursa Kuwait.
KWD20.5 million Acquisition by Al Eid Food Co.
Al-Hossam Legal is proud to announce the successful completion of a landmark acquisition deal, where it acted as the sole legal counsel. The firm expertly steered the acquisition of a 99% st
Al-Hossam Legal Shortlisted for Prestigious IFLR ME Awards 2023
It is with great honor that we announce Al-Hossam Legal’s nomination for two distinguished categories in the International Financial Law Review (IFLR) Middle East Awards 2023. This rec
US$1.9 Billion Merger of BPC & EDU Facilitated by Al-Hossam Legal
Al-Hossam Legal is proud to announce its role as the sole legal counsel in the merger by way of amalgamation between Boubyan Petrochemical Company K.S.C.P. (BPC) and Educational Holding Grou
URC, ADHC, and UTHC Complete Landmark US$ 2.1 Billion Merger
United Real Estate Company K.S.C.P. (URC), a premier real estate developer in Kuwait and the MENA region, today completed the successful groundbreaking merger, assessed at US$ 2.1 billion, w
Historic US$ 37 Billion Merger Between KIPCO & QPIC
Al-Hossam Legal is proud to announce its leading role as the exclusive legal counsel in the landmark merger between the public companies, Kuwait Projects Company (Holding) K.S.C.P. (KIPCO) a
IFLR 2022 Middle East M&A Winner & Multiple Nominations
The International Financial Law Review (IFLR) awarded Al-Hossam Legal the IFLR 2022 “Mergers & Acquisitions Deal of the Year” award for its role in the DSV Panalipina/ Agility’s Gl
First PPO in Kuwait by QPIC over 13.5 million shares in ATC
First PPO testing the amendment of CMA rules closed successfully by QPIC for 13.5 million shares in ATC. The transactions marks the first acquisition by way of Partial Purchase Offer (PPO) i
KWD156.3 million PPP Project – J3 Invest., Jaber Al Ahmad City
Al-Hossam Legal acted as the Kuwaiti legal advisor to syndicate lead arrangers, global and security agents on the commercial and Islamic project finance of the J3 Investment Opportunity, Jab
Public offering by NIG of new 524.73 million ordinary shares
Public offering by NIG of new 524.73 million ordinary shares worth US$ 346,3 million with priority to shareholders in Kuwait and UAE and holders of warrants Al-Hossam Legal acted as the lead
US$ 4.2 Billion Sale of Global Integrated Logistics by Agility
Agility received 19,304,348 shares in DSV making Agility the second largest DSV shareholder. The transaction made DSV a global top-three player in the freight forwarding industry with an exp
KWD 75,000,000 Listed Equity Linked Finance
Al-Hossam Legal successfully get the deal done and closed for its KWD 1.4 billion assets worth client after more than 9 weeks of marathon negotiation with syndication of GCC lenders, using S
NOMO, the World’s First Islamic International Digital Bank Based
Al-Hossam Legal assisted the London based NOMO, the trading name of BLME (part of Boubyan Bank Group) and its English counsel with Kuwaiti law and regulatory compliance issues. NOMO provides
US$91 Million Acquisition Finance By Mashreq Al Islami Bank
Al-Hossam Legal acted as the legal advisor to Mashreq Al Islami Bank in connection to Kuwaiti law matters with respect to its IFN Award Winner “Cross Border Deal of the Year”
KWD 56 Million Private Deals (30% of a Listed Stock) on Boursa
Al-Hossam Legal successfully concluded 8 private transactions on Boursa Kuwait over a 30% of a stock listed in the Premier Market of Boursa Kuwait. The “Premier Market” is the flagsh
First IWPP Project Listing- Shamal Azzur – MCAP US$430 Million
Al-Hossam Legal acted as counsel to Shamal Azzur, the Kuwait’s premier independent power generation and water desalination operator made its debut on Boursa Kuwait’s Premier Market. The
Successful Completion of Merger by KAMCO Invest with Global
Al-Hossam Legal acted as legal advisor to KAMCO Invest with respect to the merger by amalgamation of Global Investment House into KAMCO Invest, one of the largest merger in Kuwait creating a
Lenders’ Protection Against Capital Reduction covers Gurantors
A new creditors’ protection has been introduced by Article 169 of the Kuwaiti Companies Law 1/2016 requiring a corporate borrower to first grant a security or collateral to lenders for
US$470 Million Murabaha Facility to ALAFCO
Al-Hossam Legal assisted a participant with major legal issues in the successful US$470 million 5-year Murabaha facility to ALAFCO. The syndication led by Al Ahli Bank of Kuwait and HSBC B
New Court Precedent – Court of Cassation Nullifies Loan Guarantee
A favourable judgment issued by the Court of Cassation (the Supreme Court of Kuwait) in favour of a guarantor nullifying a corporate guarantee issued to a lender bank on the ground that the
Moving offices to the prestigious KIPCO Tower – 42nd Floor
Effective 1st of May 2016, we will move our offices from the elite Al-Hamra Tower to the prestigious KIPCO Tower. We will be occupying the 42nd floor. This is an important step in our expans