Overview In a significant step to strengthen and modernize Kuwait’s collective investment schemes framework, the Kuwait Capital Markets Authority (the “CMA”) has introduced a new wave of reforms under Decision No. (18) of 2026 (the “Decision”), issued on 12 February 2026. The Decision establishes a dedicated… Read more
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
Kuwait - Meysan Lawyers and Legal Consultants in Kuwait advised on the offering and listing of the shares of Action Energy Company on Kuwait Stock Exchange – Premier Market with the joint global coordinators and joint bookrunners, National Investments Company, EFG-Hermes UAE Limited and Arqaam Capital… 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
On 31 March 2025, Decision No. (3) of 2025 issued on 20 January 2025 by the United Arab Emirates (“UAE”) Cabinet of Ministers (the “Decision”) came into effect. The Decision supplements Federal Decree-Law No. (36) of 2023 on the regulation of competition (the “Competition Law”) and… 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