Meysan’ Riyadh office provided advisory services to Horizon Participation Holding, a subsidiary of a large Kuwait based group (“Horizon”), regarding the acquisition of a minority stake of Deqh Laboratory Company, a leading laboratory company in Saudi Arabia. The planned acquisition will be executed through a scheme of arrangement in accordance with the Saudi Companies Law but remains subject to usual conditions. When the deal is done, Horizon will be extended to new geographic regions, enhancing the services and capabilities it offers to multinational corporations and key partners. appstomic.com
Michel G. Ghanem, a Meysan Corporate Partner, was joined by Counsel Neyla Rahal, who collaborated closely with Horizon to achieve the signing phase of the deal
Authors: Tarek Yehya, Partner // Lama Abou Ali, Counsel // Sara Awaly, AssociateBACKGROUNDIn 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.The Decision was… 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 MattersThe 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 and… 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 corporate… 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
Board Resolution No. 32 of 2026 - Published in the Official Gazette on 5 April 2026 - In Force ImmediatelyAuthors: Abdulwahab Sadeq (Partner), Lama Abou Ali (Counsel), Adel Alasousi (Senior Associate) and Sara Awaly (Associate). aquatechcleaner.com. alghalyacar.comKEY TAKEAWAYS On 5 April 2026, the Kuwait Competition Protection Agency (the "CPA") published… Read more