Meysan is pleased to have advised and assisted Alamar Foods on its acquisition of 100% of ALSHAGHAF ALARABIA LLC, the operator of the FIVE GUYS®️ franchise in Saudi Arabia.
This acquisition represents a significant milestone in Alamar Foods’ growth strategy and strengthens and further diversifies its brand portfolio, while establishing and confirming its market leadership within Saudi Arabia.
Meysan’s team advising on this matter was led by Muhammad Nassef Ali (Partner), Omar Adel (Counsel), and Neyla Rahal (Counsel) and supported by Youssef Abdelkader (Associate), Ibrahim Al Rifai (Associate), and Fadila Omar (Associate).
Authors: Tarek Yehya, Partner // Lama Abou Ali, Counsel // Sara Awaly, Associate BACKGROUND In a recent update to Kuwait’s corporate governance framework, the Capital Markets Authority (the “CMA”) issued Decision No. 56 of 2026 (the “Decision”), amending certain provisions of Module Fifteen (Corporate Governance) of the CMA Executive Bylaws.… Read more
OVERVIEW Recent regional developments have created operational challenges for businesses across the GCC, including in Kuwait. In practice, employers may be considering measures such as mandating annual leaves, implementing reduced working hours or part time arrangements, imposing unpaid leave, temporary or permanent salary reductions, temporary suspension of employment and termination,… Read more
Not Every PAI Plot Is At Risk: Why Classification Matters The Minister of Commerce and Industry, in his capacity as Chairman of the Board of the Public Authority for Industry (“PAI”), has issued Ministerial Resolution No. 8 of 2026 concerning the rules and procedures for the dispossession of plots, sites… Read more
On 24 April 2026, the Abu Dhabi Global Market (“ADGM”) introduced a series of amendments to its commercial legislative framework, published by the ADGM Registration Authority, marking another important step in the continued evolution of ADGM as a leading international financial center. The amendments reflect ADGM’s ongoing efforts to strengthen… Read more
Meysan is pleased to have advised and assisted Alamar Foods on its acquisition of 100% of ALSHAGHAF ALARABIA LLC, the operator of the FIVE GUYS®️ franchise in Saudi Arabia. This acquisition represents a significant milestone in Alamar Foods’ growth strategy and strengthens and further diversifies its brand portfolio, while establishing… Read more
Kuwait City – 4 May 2026 — Meysan is pleased to announce that it acted as legal counsel to Aayan Leasing & Investment Company K.S.C.P. ("Aayan"), a company listed on Boursa Kuwait, in connection with its strategic acquisition of a 51% controlling stake in Dar Al-Shifa Hospital Company, one of… Read more