On 31 March 2025, Decision No. (3) of 2025 issued on 20 January 2025 by the United Arab Emirates (“UAE”) Cabinet of Ministers (the “Decision”) came into effect. The Decision supplements Federal Decree-Law No. (36) of 2023 on the regulation of competition (the “Competition Law”) and… Read more
The Kuwait Constitutional Court on 5 February 2025, ruled that Paragraph 1 of Article 34 of the Competition Protection Agency Law No. 72 of 2020 (the "Law") is unconstitutional. This judgment has far-reaching implications for competition enforcement in Kuwait, particularly regarding financial penalties imposed by the… Read more
The Council of Ministers recently issued an amendment (106/2024) (“Amendment”) to the Companies Law (1/2016) (“Companies Law”) with respect to the quorum and majority requirements of limited liability companies’ Extraordinary General Meetings (“EGM”). The Amendment could have significant effects on current business practices in Kuwait, and… Read more
London and Kuwait City – A team of Meysan lawyers served as legal counsel to a Kuwait-based consortium of shareholders, including Fahad Ali AlGhanim, Hamad Abdulmohsen AlMarzouq, Kamil G. Karam, and Meshal AlMarzouq, on the acquisition of Milton Keynes Dons Football Club (MK Dons), including the football club,… Read more
We are proud to have acted as legal counsel to the Lead Manager and Subscription Agent Kuwait Financial Centre (Markaz) in relation to the successful issuance by Commercial Bank of Kuwait (Al-Tijari) of the Second Tranche of Basel III compliant Tier 2 Bonds with value of… Read more