This success will ensure the uninterrupted French language broadcast of CAF tournaments on Pay-TV platforms in 13 sub-Saharan jurisdictions until 2028. The investigation, which commenced in 2017, concluded with the COMESA Competition Commission’s recommendation that the exclusive broadcasting agreement between CAF and Canal+ be terminated at the end of 2024, which prompted a legal challenge by CAF and Canal+ before the Committee Responsible for Initial Determination (CID), a judicial panel that includes members of the COMESA competition board of commissioners. After multiple rounds of written and oral pleadings and consultation with the Commission, the CID ordered the closure of the investigation subject to the removal of the exclusivity provision from the agreement as proposed by Canal+ and endorsed by CAF. The CID also agreed with the submissions of CAF and Canal+ that the agreement remain in force until the end of its term. The CID decision has several implications, including:
There was no finding of liability for breach of the COMESA Competition Regulations;
No fines will be imposed on CAF or Canal+;
Canal+ can continue to broadcast CAF content in French until 2028;
CAF can allow other broadcasters to show the same content on Pay-TV platforms; and
Future broadcasting rights will be tendered in the manner agreed to by CAF and the Commission. The Meysan team acting for CAF comprised Partner Tarek Badawy, Senior Associates Salma Abdelaziz and Ismail Lamie, and Associate Aya El-Far.
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
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