Meysan is delighted to announce its role as the sole legal advisor to Universe Group United Holding Company KSCC in the pivotal divestiture of its majority share in Universe Education Company KSCC. Universe Education Company KSCC is the prestigious owner and operator of Dasman Bilingual School, a leading educational institution in Kuwait. This significant transaction involves the transfer of ownership to Cognita, a globally recognized group of international private schools.
Meysan undertook an extensive range of duties in this transaction, encompassing the structuring of the deal, along with the drafting and negotiation of all transaction documents. The firm was instrumental in ensuring that Universe Group met all necessary conditions precedent and took the required steps before the completion of the deal, leading to the successful finalization of the transaction.
In navigating the complex regulatory landscape, Meysan, together with Cognita’s counsel, facilitated the required approvals from relevant authorities, including the Competition Protection Agency (CPA). This process ensured compliance with all regulatory requirements, paving the way for the seamless progression of the transaction. The closing of the transaction marked the successful transition of ownership from Universe Group to Cognita, leading to a smooth and efficient closing process.
The Meysan team was led by partner Tarek Yehya with support from counsel Lama Abou Ali, senior associate Hassan Elsayed, and senior associate Samar Jrade.
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… Read more
Kuwait - Meysan Lawyers and Legal Consultants in Kuwait advised on the offering and listing of the shares of Action Energy Company on Kuwait Stock Exchange – Premier Market with the joint global coordinators and joint bookrunners, National Investments Company, EFG-Hermes UAE Limited and Arqaam Capital Limited. Action Energy Company,… Read more
Meysan has successfully represented a leading global manufacturer in defending against a request to suspend the importation of its products into Egypt. In the context of an ongoing termination dispute with a local distributor, our partner Mourad Haggag and senior associate Ismail Lamie secured a favorable court decision rejecting the… Read more
Overview In a significant development for the UAE’s climate governance framework, the Ministry of Climate Change and Environment (“MOCCAE” or the “Ministry”) launched on 15 October 2025, during GITEX GLOBAL 2025 in Dubai, the Integrated Emissions Quantification Tool (the “IEQT”) as part of the National Measurement, Reporting, and Verification (“MRV”)… Read more
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Meysan is pleased to announce that it has acted as legal counsel to Dawi, a leading digital healthcare platform, in its latest investment round, which included a significant strategic investment by Aayan Investment Company. As part of this transaction, Aayan acquired a 30% equity stake in Dawi, marking a pivotal… Read more