Abu Dhabi, UAE – In a significant legal victory, Meysan has successfully secured a favorable judgment for its client, Al Farwaniyah Property Developments LLC, in a high-stakes litigation involving claims exceeding 137,000,000 UAE dirhams.
The case originated when a bank initiated legal proceedings against Al Farwaniyah and other parties, seeking recovery of an amount surpassing 137,000,000 UAE dirhams. The legal team at Meysan adeptly challenged both the standing of its client in the lawsuit and the jurisdiction of the Abu Dhabi courts over the matter.
Through meticulous legal representation, the Meysan team successfully demonstrated to the First Instance Court of Abu Dhabi that Al Farwaniyah Property Developments LLC lacked the requisite capacity to be a party in the lawsuit and that the Abu Dhabi courts were not the proper venue for adjudicating the case.
As a result of these efforts, the First Instance Court of Abu Dhabi issued a ruling in favor of Al Farwaniyah Property Developments LLC, affirming the lack of jurisdiction of the Abu Dhabi courts in this matter. This decision was further reinforced when the Court of Appeal upheld the First Instance Court’s judgment, confirming the initial ruling..
Meysan team was led by partner Abdulla Alnajjar and Counsel Ashraf Elhadidy.
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
Meysan acted as counsel to Kuwait Petroleum Corporation and Kuwait Oil Company on Project Peregrine, a US$16 billion strategic infrastructure investment with a global consortium led by Blackstone, Brookfield and KKR, and the largest foreign direct investment in Kuwait’s history. The transaction establishes a new Kuwaiti joint venture to manage… Read more
Meysan is pleased to have advised and assisted a major foreign manufacturing company with the settlement of certain disputes with a local distributor in Egypt. Meysan represented the client in court proceedings and other governmental procedures while negotiating the settlement transaction, which involved a complex escrow arrangement managed by a… Read more
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
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