Confederation Africaine de Football (CAF)’s $400 Million+ broadcast investigation into its agreement with beIN Sports concludes; leading #African and #Middle #Eastern law firms played key roles behind the scenes. Meysan’s Partner Tarek Badawy, Senior Associates Salma Abdelaziz and Ismail Lamie, and Associate Aya El Far advised CAF; beIN was represented by Bowmans (Law Firm) Africa-wide competition team, including Partners Derek Lotter and Joyce Karanja.
The closure of the investigation into CAF’s agreement with beIN Sports marks the end of a series of #antitrust #investigations led by the COMESA Competition Commission (the “Commission”) against several CAF sponsorship, marketing, and broadcasting agreements with a combined value exceeding US$ 2.5 Billion.
The investigations concluded with CAF securing (i) the closure of the review of its Sponsorship Agreements; (ii) the COMESA Competition Appeals Board’s dismissal of the Committee Responsible for Initial Determination’s decision to fine CAF and Lagardere Sports (now Sportfive); and (iii) the Appeals Board’s approval of the agreements that CAF and other broadcasters reached with the Commission to ensure the uninterrupted flow of broadcasting services to consumers and stability of business in the Common Market for Eastern and Southern Africa (the “COMESA”), with CAF committing to adopt the Commission’s proposal’s regarding the award of contracts in future bidding rounds. None of the investigations resulted in a finding of breach or liability, or imposition penalties on the parties.
Meysan advised on the successful establishment of the KWD 50 million Senior Unsecured Bonds Programme by Kuwait Financial Centre (Markaz) and the issuance of the First Tranche of Bonds with value of KWD 35 million. The First Tranche of the Senior Unsecured Bonds Programme was successfully issued to qualified investors… Read more
Kuwait - Meysan Lawyers and Legal Consultants in Kuwait advised on the offering and listing of the shares of Action Energy Company on Kuwait Stock Exchange – Premier Market with the joint global coordinators and joint bookrunners, National Investments Company, EFG-Hermes UAE Limited and Arqaam Capital Limited. Action Energy Company,… Read more
Meysan has successfully represented a leading global manufacturer in defending against a request to suspend the importation of its products into Egypt. In the context of an ongoing termination dispute with a local distributor, our partner Mourad Haggag and senior associate Ismail Lamie secured a favorable court decision rejecting the… Read more
Overview In a significant development for the UAE’s climate governance framework, the Ministry of Climate Change and Environment (“MOCCAE” or the “Ministry”) launched on 15 October 2025, during GITEX GLOBAL 2025 in Dubai, the Integrated Emissions Quantification Tool (the “IEQT”) as part of the National Measurement, Reporting, and Verification (“MRV”)… Read more
We are pleased to announce that we advised and assisted Al-Mansour Automotive Group regarding the main agreements for the MAC Automotive Plant, an automotive manufacturing facility in 6th of October City, Egypt, for which the foundation stone was laid earlier this week. The project aligns with Egypt’s strategy to localize… Read more
Meysan is pleased to announce that it has acted as legal counsel to Dawi, a leading digital healthcare platform, in its latest investment round, which included a significant strategic investment by Aayan Investment Company. As part of this transaction, Aayan acquired a 30% equity stake in Dawi, marking a pivotal… Read more