Meysan is pleased to announce that it has advised Boodai Reliance Real Estate Company on its voluntary acquisition of 16.6% of Jazeera Airways Company’s shares. The acquisition was made at a price of KWD 1.750 per share, resulting in a total transaction value of KWD 64.11 million.
The Meysan team was led by partner Dr. Abdulwahab Sadeq, partner Tarek Yehya, and senior associate Adel Al Asousi.
On 24 April 2026, the Abu Dhabi Global Market (“ADGM”) introduced a series of amendments to its commercial legislative framework, published by the ADGM Registration Authority, marking another important step in the continued evolution of ADGM as a leading international financial center. The amendments reflect ADGM’s ongoing efforts to strengthen… Read more
Meysan is pleased to have advised and assisted Alamar Foods on its acquisition of 100% of ALSHAGHAF ALARABIA LLC, the operator of the FIVE GUYS®️ franchise in Saudi Arabia. This acquisition represents a significant milestone in Alamar Foods’ growth strategy and strengthens and further diversifies its brand portfolio, while establishing… Read more
Kuwait City – 4 May 2026 — Meysan is pleased to announce that it acted as legal counsel to Aayan Leasing & Investment Company K.S.C.P. ("Aayan"), a company listed on Boursa Kuwait, in connection with its strategic acquisition of a 51% controlling stake in Dar Al-Shifa Hospital Company, one of… Read more
On 22 April 2026, the Egyptian Parliament approved the new Competition Bill (the “Bill”), which will repeal and replace Law No. 3 of 2005 on the Protection of Competition and Prohibition of Monopolistic Practices (the “Competition Act” or the “Act”). The Bill is currently pending presidential approval, and will enter… Read more
Background Boursa Kuwait (“Boursa”) has announced the implementation of a comprehensive regulatory and legislative framework governing bonds and sukuk, following approval by the Kuwait Capital market Authority (“CMA”) under Resolution No. 38 of 2026 dated 1 April 2026 (“CMA Resolution”), in conjunction with amendments to Boursa rulebook introduced by Boursa… Read more
Board Resolution No. 32 of 2026 - Published in the Official Gazette on 5 April 2026 - In Force Immediately Authors: Abdulwahab Sadeq (Partner), Lama Abou Ali (Counsel), Adel Alasousi (Senior Associate) and Sara Awaly (Associate) KEY TAKEAWAYS On 5 April 2026, the Kuwait Competition Protection Agency (the "CPA") published… Read more