On September 9, 2024, Meysan secured a USD 1.3 billion Final Award for Iraq Telecom, a subsidiary of Agility Logistics, in ICC Arbitration proceedings against Korek Telecom, a major Iraqi telecommunications company. The dispute related to Korek’s guarantee of the obligations of its DIFC-registered holding company… Read more
Meysan is delighted to announce its role as legal counsel in the successful completion of Arabi Holding Group Company K.S.C. (“Arabi”) capital increase of KWD 36,322,070.820 through a rights issue. The offering of 172,962,242 ordinary shares at an offer price of 210 Kuwaiti Fils per share… Read more
Meysan’ Riyadh office provided legal advice to Phenna Group in connection with its acquisition of Cutech Group, a leading non-destructive testing business with operations in hashtag#SaudiArabia. Through this hashtag#acquisition, Phenna Group will enhance its offering in Saudi Arabia. Michel G. Ghanem, a Meysan Corporate Partner, was… Read more
On 29 August 2024, the DIFC Court handed down its decision rejecting an application by the award debtor to set aside a USD 1.6 billion ICC award. The application raised novel issues regarding the existence and scope of the act of state doctrine in DIFC law… Read more
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… Read more
The Meysan legal team, led by Partner Abdulwahab Sadeq and Senior Counsel Tarek Diab, has secured a significant appellate victory on behalf of a prominent Kuwaiti client. Initially, the firm represented a Kuwaiti company in a complex dispute with a major governmental entity over usufruct rights… Read more
The prevalence of restrictive clauses in contracts with a Kuwaiti nexus, introduced by both service providers and product suppliers, has become a notable feature in the business landscape. These clauses often seek to limit client autonomy by restricting the resale of purchased goods or engagement with… Read more