This success will ensure the uninterrupted French language broadcast of CAF tournaments on Pay-TV platforms in 13 sub-Saharan jurisdictions until 2028. The investigation, which commenced in 2017, concluded with the COMESA Competition Commission’s recommendation that the exclusive broadcasting agreement between CAF and Canal+ be terminated at the end of 2024, which prompted a legal challenge by CAF and Canal+ before the Committee Responsible for Initial Determination (CID), a judicial panel that includes members of the COMESA competition board of commissioners. After multiple rounds of written and oral pleadings and consultation with the Commission, the CID ordered the closure of the investigation subject to the removal of the exclusivity provision from the agreement as proposed by Canal+ and endorsed by CAF. The CID also agreed with the submissions of CAF and Canal+ that the agreement remain in force until the end of its term. The CID decision has several implications, including:
There was no finding of liability for breach of the COMESA Competition Regulations;
No fines will be imposed on CAF or Canal+;
Canal+ can continue to broadcast CAF content in French until 2028;
CAF can allow other broadcasters to show the same content on Pay-TV platforms; and
Future broadcasting rights will be tendered in the manner agreed to by CAF and the Commission. The Meysan team acting for CAF comprised Partner Tarek Badawy, Senior Associates Salma Abdelaziz and Ismail Lamie, and Associate Aya El-Far.
Meysan acted as Kuwait counsel for the Joint Lead Managers in connection with Kuwait International Bank K.S.C.P.’s (KIB) issuance of US$500 million senior unsecured sukuk, issued through KIB Sukuk Limited under the US$1.5 billion Trust Certificate Issuance Programme. Citigroup Global Markets and Standard Chartered, acted as Joint Global Coordinators for… Read more
Kuwait's Ministry of Commerce and Industry has issued Resolution No. 156/2026 (published in the Official Gazette on 2 August 2026), further amending the Ultimate Beneficial Owner (UBO) framework under Resolution No. 4/2023. It replaces Articles 8(1), 9(1) and 11(1) which are all now built around a 15-day compliance window: Legal… Read more
Meysan acted as counsel to Kuwait Petroleum Corporation and Kuwait Oil Company on Project Peregrine, a US$16 billion strategic infrastructure investment with a global consortium led by Blackstone, Brookfield and KKR, and the largest foreign direct investment in Kuwait’s history. The transaction establishes a new Kuwaiti joint venture to manage… Read more
Meysan is pleased to have advised and assisted a major foreign manufacturing company with the settlement of certain disputes with a local distributor in Egypt. Meysan represented the client in court proceedings and other governmental procedures while negotiating the settlement transaction, which involved a complex escrow arrangement managed by a… Read more
Authors: Tarek Yehya, Partner // Lama Abou Ali, Counsel // Sara Awaly, Associate BACKGROUND In a recent update to Kuwait’s corporate governance framework, the Capital Markets Authority (the “CMA”) issued Decision No. 56 of 2026 (the “Decision”), amending certain provisions of Module Fifteen (Corporate Governance) of the CMA Executive Bylaws.… Read more
Kuwait City – 4 May 2026 casedarno.it — Meysan is pleased to announce that it acted as legal counsel to Aayan Leasing & Investment Company K.S.C.P. ("Aayan"), a company listed on Boursa Kuwait, in connection with its strategic acquisition of a 51% controlling stake in Dar Al-Shifa Hospital Company, one… Read more