Overview The UAE has issued a new Civil Transactions Law (Federal Decree-Law No. 25 of 2025), which will enter into force on 1 June 2026 and replace the 1985 Civil Code. While the new law preserves the UAE’s civil law and Sharia-based foundations, it introduces clearer… Read more
Overview The UAE has enacted Federal Decree-Law No. (20) of 2025, introducing targeted amendments to the Commercial Companies Law that meaningfully enhance the corporate governance landscape. While the amendments do not alter the law’s fundamental architecture, they update more than fifteen (15) articles and introduce a… Read more
For a host of reasons, a bank may decide to carve out part of its business in one or more markets without fully exiting them. These reasons include offloading non-core assets and slashing/reducing regulatory compliance burdens. This may be a result of a global strategic review… Read more
In 2020, Kuwait issued a robust Bankruptcy Law (71/2020) which comprehensively revoked all provisions relating to the imprisonment of debtors. On 30 March 2025, about five years later, Kuwait reversed course and reinstated debtors’ prison as a means to enforce civil and commercial debts. The new… Read more
On 19 January 2025, a Decree Law was published in official gazette Kuwaiti AlYoum amending Article 441 of the Civil Law No 67/1980. Previously, article 441 provided that “1- In the event of denial, a claim for taxes and fees due to the state shall not… Read more
This note provides an overview of the key points concerning the applicability and implementation of the recently issued Tax Decree Law No. 157 of 2024 (the law) on Multinational Entities (MNEs) Group Tax. The law aims to align Kuwait’s tax system with international standards under the… Read more
Meysan, a renowned law firm known for its expertise in high-stakes litigation, corporate transactions, and advisory services, has joined forces with Hammad & Al-Mehdar Lawyers and Legal Consultants, a leading law firm with offices in Jeddah, Riyadh, Khobar, and Abu Dhabi. This alliance combines the expertise… Read more