Oliver Green
Oliver Green
Senior Associate
Tarek Badawy
Tarek Badawy
Partner
Ismail Lamie
Ismail Lamie
Senior Associate

On 29 August 2024, the DIFC Court handed down its decision rejecting an application by the award debtor to set aside a USD 1.6 billion ICC award.  The application raised novel issues regarding the existence and scope of the act of state doctrine in DIFC law and the Court’s decision provides important clarification on these points.  An anonymised version of the decision is expected to be published in due course.  

Meysan’s team, acting as counsel to Iraq Telecom included partner Bader El-Jeaan in Kuwait, partner John Reynolds, and senior associate Oliver Green in London; partner Tarek Badawy and associate Ismail Lamie in Cairo. 

Meysan Advises Shareholders of Upayments on the Sale to National Bank of Kuwait
Meysan Advises Shareholders of Upayments on the Sale to National Bank of Kuwait

Meysan has successfully advised the shareholders of Upayments Electronic Payment and Settlement Systems KSCC, a leading fintech solutions provider, on their partial exit through the sale of a 51% stake in the company to the National Bank of Kuwait (NBK). Upayments, founded in 2016, is a prominent provider of online… Read more

Meysan Advises National Investments Company (NIC) on the Sale of 6.5 Million Shares, Representing 3% of Boursa Kuwait’s Capital
Meysan Advises National Investments Comp...

Meysan is pleased to announce its role as legal advisor in the successful execution of National Investments Company’s (NIC) partial exit from Boursa Kuwait. This landmark transaction involved the sale of 6.5 million shares, constituting 3% of Boursa Kuwait’s capital, for a total value of KD 13.3 million. This achievement… Read more

Meysan and Hammad & Al-Mehdar Announce Strategic Alliance
Meysan and Hammad & Al-Mehdar Annou...

Meysan, a renowned law firm known for its expertise in high-stakes litigation, corporate transactions, and advisory services, has joined forces with Hammad & Al-Mehdar Lawyers and Legal Consultants, a leading law firm with offices in Jeddah, Riyadh, Khobar, and Abu Dhabi. This alliance combines the expertise and knowledge of both… Read more

Meysan advised Gulf Insurance Group on their exit from Buruj Cooperative Company
Meysan advised Gulf Insurance Group on t...

Meysan advised Gulf Insurance Group K.S.C.P. (“GIG”), a major insurance group in the MENA region listed on Boursa Kuwait, on their full exit from Buruj Cooperative Company by way of sale of their stake to Cigalah Multi Industries Limited Liability Company.  The exit was successfully completed with the sale of… Read more

AGILITY SECURES ANOTHER BILLION-DOLLAR WIN AGAINST IRAQ KOREK TELECOM.
AGILITY SECURES ANOTHER BILLION-DOLLAR W...

On September 9, 2024, Meysan secured a USD 1.3 billion Final Award for Iraq Telecom, a subsidiary of Agility Logistics, in ICC Arbitration proceedings against Korek Telecom, a major Iraqi telecommunications company.  The dispute related to Korek’s guarantee of the obligations of its DIFC-registered holding company International Holdings Limited (IH)… Read more

Meysan is delighted to announce its role as legal counsel in the successful completion of Arabi Holding Group Company K.S.C. (“Arabi”) capital increase.
Meysan is delighted to announce its role...

Meysan is delighted to announce its role as legal counsel in the successful completion of Arabi Holding Group Company K.S.C. (“Arabi”) capital increase of KWD 36,322,070.820 through a rights issue. The offering of 172,962,242 ordinary shares at an offer price of 210 Kuwaiti Fils per share to existing shareholders raised… Read more