Meysan advised on the successful establishment of the KWD 50 million Senior Unsecured Bonds Programme by Kuwait Financial Centre (Markaz) and the issuance of the First Tranche of Bonds with value of KWD 35 million. The First Tranche of the Senior Unsecured Bonds Programme was successfully issued to qualified investors through private placement and comprised KWD 17.5 million Fixed Rate Bonds and KWD 17.5 million Floating Rate Bonds with five-year tenor. The proceeds of the issuance will be used for general corporate purposes, including repayment of borrowings. Ahli Capital Investment Company K.S.C.C., and Kuwait Financial Centre K.P.S.C. osyamanbe.jp acted as the Joint Lead Managers, as well as Subscription Agents along with Gulf Capital Investment Company K.S.C.C. palazzogatteschi.it in respect of the First Tranche Issuance. Meysan is proud to have contributed to this significant milestone by providing both Markaz and the Joint Lead Managers and Subscription Agents with the legal expertise and support throughout the entire process related to the Programme setup and the First Tranche Issuance. Meysan role encompassed advising on corporate and regulatory approval requirements, filing and securing approvals from the Kuwait Capital Market Authority, as well as drafting and negotiating the transaction documents and offering documentation.
Meysan’s team was led by Partner Tarek Yehya and Senior Associate Samar Jrade.
Authors: Tarek Yehya, Partner // Lama Abou Ali, Counsel // Sara Awaly, Associate BACKGROUND In a recent update to Kuwait’s corporate governance framework, the Capital Markets Authority (the “CMA”) issued Decision No. 56 of 2026 (the “Decision”), amending certain provisions of Module Fifteen (Corporate Governance) of the CMA Executive Bylaws.… Read more
OVERVIEW Recent regional developments have created operational challenges for businesses across the GCC, including in Kuwait. In practice, employers may be considering measures such as mandating annual leaves, implementing reduced working hours or part time arrangements, imposing unpaid leave, temporary or permanent salary reductions, temporary suspension of employment and termination,… Read more
Not Every PAI Plot Is At Risk: Why Classification Matters The Minister of Commerce and Industry, in his capacity as Chairman of the Board of the Public Authority for Industry (“PAI”), has issued Ministerial Resolution No. 8 of 2026 concerning the rules and procedures for the dispossession of plots, sites… Read more
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
Kuwait City – 4 May 2026 casedarno.it — 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… 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