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 is pleased to have advised and assisted Agility in connection with the transaction under which Agility agreed to sell its majority stake in Tristar Group to Aegis Logistics based on a total enterprise value of USD 1.5 billion. Tristar Group is a diversified global energy logistics platform generating USD… Read more
Decree-Law No. 87 of 2026 Introduction Building on Kuwait's leading record in charitable, humanitarian and relief work, Decree-Law No. 87 of 2026 on the Regulation of Charitable and Humanitarian Work has been issued to replace the legislative and regulatory framework that has been in place since 1959. The law aims… Read more
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