In a landmark decision, Meysan succeeded in obtaining an administrative court ruling overturning a decision by Kuwait’s Capital Markets Authority. quickproduction.sk
Meysan represented a shareholder in a local logistics company who submitted a whistleblower complaint to the CMA, alleging that the company had failed to properly comply with local disclosure obligations, particularly in connect with its financial accounts. The CMA summarily dismissed the shareholder’s complaint.
Meysan represented the shareholder in successfully appealing the CMA’s decision before Kuwait’s administrative courts. In a seminal ruling, the court confirmed that the CMA may not dismiss a whistleblower complaint if there exist parallel judicial judgments that substantiate the complaint. giaiphaptienich.com
The Meysan team was led by partner, Waleed Al Tattan, and Senior Counsel, Tarek Diab.
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
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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. paracent.comKEY TAKEAWAYS On 5 April 2026, the Kuwait Competition Protection Agency (the "CPA") published… Read more