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 and the Court’s decision provides important clarification on these points. An anonymised version of the decision is expected to be published in due course.
Meysan’s team, acting as counsel to Iraq Telecom included partner Bader El-Jeaan in Kuwait, partner John Reynolds, and senior associate Oliver Green in London; partner Tarek Badawy and associate Ismail Lamie in Cairo.
Kuwait has recently introduced three significant legal reforms marking a major step towards strengthening human rights, gender equality, and child protection. These legislative amendments include: Raising the Minimum Marriage Age to 18: Decree Law No. 10 of 2025 amending Article 26 of Law No. 51 of 1984 (Personal Status Law)… Read more
Dubai/Cairo— Meysan, a leading law firm in the Middle East, announced that it has entered into a strategic alliance with Shoukry Squash Academy in Egypt and Maqbool Squash in the United Arab Emirates to develop MeysanElite, a groundbreaking initiative aimed at nurturing young squash talents across the Arab world. Meysan… Read more
Meysan has successfully advised the shareholders of Upayments Electronic Payment and Settlement Systems KSCC, a leading fintech solutions provider, on their partial exit through the sale of a 51% stake in the company to the National Bank of Kuwait (NBK). Upayments, founded in 2016, is a prominent provider of online… Read more
Meysan is pleased to announce its role as legal advisor in the successful execution of National Investments Company’s (NIC) partial exit from Boursa Kuwait. This landmark transaction involved the sale of 6.5 million shares, constituting 3% of Boursa Kuwait’s capital, for a total value of KD 13.3 million. This achievement… 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 and knowledge of both… Read more
Meysan advised Gulf Insurance Group K.S.C.P. (“GIG”), a major insurance group in the MENA region listed on Boursa Kuwait, on their full exit from Buruj Cooperative Company by way of sale of their stake to Cigalah Multi Industries Limited Liability Company. The exit was successfully completed with the sale of… Read more