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 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
Over the past few weeks, Dubai has introduced a series of laws that, when viewed together, signal something much broader than routine regulatory updates. This is not incremental reform. It reflects a structural shift in how regulation is conceived and enforced. The issuance of Dubai Law No. (3) of 2026,… Read more