Meysan’s legal team, led by Partner Waleed Al-Tattan and Senior Counsel Tarek Diab, achieved a significant court victory on behalf of one of Saudi Arabia’s largest banks. The team successfully obtained two rulings from the Kuwaiti courts enforcing execution orders issued by a Saudi enforcement judge against two Kuwaiti guarantors, with a combined value exceeding SAR 127 million. This judicial success represents a notable legal precedent in Kuwait, as it involved an unconventional application of the rules governing the enforcement of foreign judgments and orders. Unlike standard foreign court judgments, execution orders differ in their nature and legal requirements and have traditionally been treated differently by the Kuwaiti legal system. The rulings are significant in affirming the flexibility of the Kuwaiti judiciary to recognize and give effect to foreign legal instruments such as execution orders. These instruments are typically simpler and faster than full court judgments, yet they often face more restrictive procedural treatment across many jurisdictions. The Meysan team expressed pride in this achievement, which reflects both meticulous legal work and deep comparative legal analysis. They emphasized that this success is not only a major step forward for the client, but also paves the way for future developments in the enforcement of foreign orders, particularly in light of growing commercial and judicial cooperation among Gulf states.
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