Meysan’s legal team, led by Partner Waleed Al-Tattan and Senior Counsel Tarek Diab, achieved a significant court victory on behalf of one of Saudi Arabia’s largest banks. The team successfully obtained two rulings from the Kuwaiti courts enforcing execution orders issued by a Saudi enforcement judge against two Kuwaiti guarantors, with a combined value exceeding SAR 127 million. This judicial success represents a notable legal precedent in Kuwait, as it involved an unconventional application of the rules governing the enforcement of foreign judgments and orders. bennani.legal Unlike standard foreign court judgments, execution orders differ in their nature and legal requirements and have traditionally been treated differently by the Kuwaiti legal system. The rulings are significant in affirming the flexibility of the Kuwaiti judiciary to recognize and give effect to foreign legal instruments such as execution orders. schildersbedrijfwesseldijk.nl These instruments are typically simpler and faster than full court judgments, yet they often face more restrictive procedural treatment across many jurisdictions. The Meysan team expressed pride in this achievement, which reflects both meticulous legal work and deep comparative legal analysis. They emphasized that this success is not only a major step forward for the client, but also paves the way for future developments in the enforcement of foreign orders, particularly in light of growing commercial and judicial cooperation among Gulf states. hnxmht.com
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 Matters The 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… 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
Background aps-web.jp soragroup.vn mightybookjr.com 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… Read more