Meysan’ Riyadh office provided advisory services to ALLUB Industrial Company, a subsidiary of a large Kuwait based group (“Allub”), regarding the acquisition of 100% stake of Al Aber Global Industrial Company, a leading group operating in transformative industries and construction services in Saudi Arabia. The planned acquisition was executed through a scheme of arrangement in accordance with the Saudi Companies Law. Through this acquisition, Allub will provide a new line of industrial and other services to governmental entities, royal commissions, multinational corporations and key partners. Michel G. Ghanem, a Meysan Corporate Partner, was joined by Counsel Neyla Rahal, who collaborated closely with Allub to achieve the signing and closing of the deal.
Meysan, led by Partners Abdulaziz Al Yaqout and Michel Ghanem, represented TabCo International Food Catering K.S.C.C. (TabCo Foods) in its acquisition of the Elevation Burger brand and related intellectual property rights. The acquisition followed a court-approved auction held as part of FAT Brands’ Chapter 11 bankruptcy proceedings before the United… Read more
Meysan is pleased to have advised and assisted Jameel Motors Industry (a subsidiary of Abdul Latif Jameel International) in relation to the transactions and agreements under which certain GAC-branded vehicles will be locally assembled in Egypt. Our work included advising and assisting with the structuring of the transaction, reviewing transaction… Read more
Meysan is pleased to have advised and assisted Agility in connection with the transaction under which Agility agreed to sell its majority stake in Tristar Group to Aegis Logistics based on a total enterprise value of USD 1.5 billion. Tristar Group is a diversified global energy logistics platform generating USD… Read more
Decree-Law No. 87 of 2026 Introduction Building on Kuwait's leading record in charitable, humanitarian and relief work, Decree-Law No. 87 of 2026 on the Regulation of Charitable and Humanitarian Work has been issued to replace the legislative and regulatory framework that has been in place since 1959. The law aims… Read more
Meysan acted as Kuwait counsel for the Joint Lead Managers in connection with Kuwait International Bank K.S.C.P.’s (KIB) issuance of US$500 million senior unsecured sukuk, issued through KIB Sukuk Limited under the US$1.5 billion Trust Certificate Issuance Programme. Citigroup Global Markets and Standard Chartered, acted as Joint Global Coordinators for… Read more
Kuwait's Ministry of Commerce and Industry has issued Resolution No. 156/2026 (published in the Official Gazette on 2 August 2026), further amending the Ultimate Beneficial Owner (UBO) framework under Resolution No. 4/2023. It replaces Articles 8(1), 9(1) and 11(1) which are all now built around a 15-day compliance window: Legal… Read more