In the announcement of the strategic goals of Saudi Arabia’s capital entitled “the Future Investment Initiative Riyadh 2030” on 15 February 2021, the Saudi government established new requirements whereby international companies are required to relocate their regional headquarters (RHQ) into Saudi Arabia in order to access government tenders and contracts… Read more
The Unites Arab Emirates (UAE) has embarked on one of the most significant overhauls of the legal system in years, with changes to personal and family laws, and other areas affecting people’s daily lives. The laws, effective immediately, reflect progressive measures to improve living standards, and for the UAE to… Read more
Intellectual property rights play an important role in the Saudi economy especially with the technology and entertainment revolution in recent years. Such revolution has lead the government of Saudi Arabia to enter into international treaties and enact laws to protect intellectual property rights including Copyrights, Patents, Trademarks, Integrated Circuit Rights,… Read more
On 11 November 2022, the Abu Dhabi Global Markets (ADGM) Arbitration Centre launched the world’s first “mediation in the metaverse” service. This service will revolutionize the delivery of mediation globally, immediately transforming the court-annexed mediation scheme conducted by ADGM courts into the next generation approach to mediation ADGM’s unique metaverse… Read more
On May 21, 2021, the DIFC Court of Appeal ruled in Lahela v Lameez that the Riyadh Convention is not part of DIFC law, and in any event provides a non-exclusive service regime. This appeal is concerned with the service of documents relating to proceedings brought in the court by… Read more
Over the last few days, we have received an increasing number of enquirers from employers about what they should being doing, from both an employment law and human resources (“HR”) perspective, about the novel coronavirus (COVID-19). We have also received queries from landlords and tenants regarding the status of lease… Read more
The recognition of the Coronavirus (COVID-19) as a pandemic by the World Health Organization has had a tremendous impact on business globally. This has caused questions related to the applicability of force majeure clauses in contracts to come to the forefront. Specifically, some business have sought to use force majeure… 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 KWD 50 million and… Read more ...
We are delighted to announce Meysan’s role as Kuwait law counsel to Warba Bank K.S.C.P., as obligor, in updating the $2 billion Trust Certificate Programme of Warba Sukuk Limited to incorporate a Sustainable Sukuk Issuance Framework and its first issuance of Sustainable Trust Certificates of $500 million (5.351%). This groundbreaking issuance marks the first-ever… Read more ...
This success will ensure the uninterrupted French language broadcast of CAF tournaments on Pay-TV platforms in 13 sub-Saharan jurisdictions until 2028. The investigation, which commenced in 2017, concluded with the COMESA Competition Commission’s recommendation that the exclusive broadcasting agreement between CAF and Canal+ be terminated at the end of 2024,… Read more ...
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