Meysan Partners has achieved a significant legal victory for Iraq Telecom Limited (IT Ltd.), a joint venture between Agility Public Warehousing Company and Orange, in a recent International Chamber of Commerce (ICC) arbitration against Korek Telecom Company LLC (Korek) and its Chair, Saber Sirwan Barzani. The tribunal found that Korek and Mr. Barzani were involved […]
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From MENA to the WORLD On 4 January 2023, the Ministry of Commerce and Industry (“MoCI”) issued resolution 4/2023 to outline the procedures for determining the identity of the actual beneficiary of corporate entities in Kuwait (the “UBO Resolution”). The UBO Resolution was published in Kuwait Official Gazette on 8 January 2023 and will enter […]
From MENA to the WORLD In 2018, the Kuwaiti government issued Decree No. 128 to amend the Executive Regulations of the Capital Markets Law. This introduced a new section that regulates partial tender offers in the context of public mergers and acquisitions. The Amendment is aimed at increasing transparency and fairness in the process of […]
From MENA to the WORLD In 2020, Kuwait implemented a new competition regulatory regime aimed at strengthening competition protections and introducing new merger control regulations. LegalcommunityMENA sat down with Abdulwahab Sadeq, Partner at Meysan Partners, who walked us through the recent changes and their impact on businesses. What is New on the Competition Protection and […]
From MENA to the WORLD The Kuwait Capital Markets Authority (the “CMA or Authority”) has recently issued a new resolution no. 3 of 2023 regarding Passporting of Financial Products, issued on January 8, 2023, outlining the regulations for financial products passporting within the Gulf Cooperation Council (GCC) region (“Resolution”). LegalcommunityMENA sat down with partner Tarek […]
Meysan Partners’ Cairo office recently witnessed a team expansion with the joining of Dispute Resolution partner Tarek Badawy (pictured) and his Egypt-based team members senior associates Salma Abdelaziz and Ismail Lamie and paralegal Shereen Botros. Tarek Badawy, a member of the Egyptian Bar Association and a licensed Barrister and Solicitor of the Court of Appeal […]
Kuwait-based law firm, Meysan Partners, has represented a consortium comprised of Ali Alghanim Sons Automotive Company, Mohamed Yousuf Naghi Motors Company, Organi Group, and Al Safy Automotive Company in their successful acquisition of 100% of Mid-East Auto Company, a Bermuda incorporated company directly and indirectly owning the Bavarian Auto Group, BMW’s Egypt dealership. Meysan team […]
Bayan Dental acquires majority stake in Sky Dental. The advisors
Meysan Partners advised Al Bayan Medical Company (“Bayan Dental”) in connection with its acquisition of a majority stake in Sky for the Management of Specialized Medical Centers (“Sky Dental”), a Kuwaiti dental clinic owned and managed by high profile Kuwaiti dentists. Founded in 2002, Bayan Dental is one of the first private dental clinics in Kuwait, […]
Meysan Partners partners up with Emirati firm Abdulla Al Najjar
Abdulla Al Najjar Advocates and Legal Consultants, a Dubai-based law firm, has joined Meysan Partners to serve the latter’s clients in the United Arab Emirates in all types of litigation matters. Abdulla Alnajjar Advocates & Legal Consultants was established in Dubai to provide a wide range of distinguished legal services that suit the needs of individuals […]
Meysan Partners served as sole transaction counsel in the USD3 billion offering of Ali Alghanim and Sons Automotive Company, an official distributor of premium vehicle brands in Kuwait, Egypt, and Iraq, listed 124.8 million shares — representing 45% of its share capital. The private placement garnered strong demand from investors and was oversubscribed approximately 11 […]