Banking and finance

MEYSAN ADVISES BEYOUT INVESTMENT GROUP HOLDING ON SUCCESSFUL OFFERING AND LISTING ON KUWAIT STOCK EXCHANGE
MEYSAN ADVISES BEYOUT INVESTMENT GROUP HOLDING ON SUCCESSFUL OFFERING AND LISTING ON KUWAIT STOCK EXCHANGE

Kuwait June 11, 2024 - Meysan advised Beyout Investment Group Holding (“BIG”), a family business group managing integrated services portfolios, on the successful offering of 90,000,000 ordinary shares, representing 30% of BIG issued share capital and its listing on the Premier Market of the Kuwait Stock… Read more

An Eye on Egypt – New Merger Control Regime Finally in Place
An Eye on Egypt – New Merger Con...

After much anticipation, Egypt’s Prime Minister issued Decree No. 1120 of 2024 (Decree) revealing the long-awaited amendments to the Competition Act’ executive regulations (Regulations). By way of background, in December 2022, the Egyptian Competition Act underwent a major overhaul with the introduction of a pre-merger control… Read more

Meysan provides advisory services to ALLUB Industrial Company in the acquisition of 100% stake of Al Aber Global Industrial Company
Meysan provides advisory services to A...

Meysan Partners’ Riyadh office provided advisory services to ALLUB Industrial Company, a subsidiary of a large Kuwait based group (“Allub”), regarding the acquisition of 100% stake of Al Aber Global Industrial Company, a leading group operating in transformative industries and construction services in Saudi Arabia. The… Read more

Meysan advised UPayments in the sale of 51% of its shares to NBK
Meysan advised UPayments in the sale o...

20 February 2024, Kuwait City, Kuwait - Meysan Partners played a key role in advising UPayments, a prominent online payment solution provider, on the sale of a 51% stake to the National Bank of Kuwait (“NBK”). This strategic transaction underscores UPayments' remarkable success in the burgeoning Fintech… Read more

Economic Liberalization in Kuwait: Welcome, Foreign Investors
Economic Liberalization in Kuwait: Wel...

The business and economic landscape of Kuwait just changed. With the ratification of the first law of 2024: Law Regarding the Amendment of Article 24 of the Commercial Law and Article 31 of the Public Tenders Law (1/2024) (the “Foreign Company Amendments Law”) on 21 January… Read more

Meysan’s Cairo Office Secures Moustafa El Sirty’s Immediate Return to Squash After Overturning ITA’s Two-Year Suspension
Meysan’s Cairo Office Secures Mo...

The Cairo office of Meysan successfully represented professional squash player, Moustafa El Sirty, resulting in his return to the courts with immediate effect after the International Testing Agency (ITA) had sought to impose a two-year suspension. In January of 2023, the ITA informed El Sirty that… Read more

New premium residencies in the Kingdom of Saudi Arabia
New premium residencies in the Kingdom...

The Kingdom of Saudi Arabia has introduced a series of groundbreaking premium residency options. Dr. Majid bin Abdullah Alkassabi, Chairman of the Premium Residency Center announced five distinctive categories—special talent, gifted, investor, entrepreneur, and real estate owner residencies. This strategic move, harmonizing with Vision 2030's objectives,… Read more

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