Meysan is pleased to announce its pivotal role in advising Ooredoo Kuwait on a landmark transaction involving its towers in Kuwait for the creation of the largest independent tower company in the MENA region, boasting a combined value of 2.2 billion USD.
Our team at Meysan played a crucial role in this monumental transaction, undertaking comprehensive vendor due diligence related to Ooredoo Kuwait’s towers. The team was instrumental in shaping all-encompassing project documentation for Ooredoo Kuwait comprising transaction and closing documents, which are yet to be processed and materialized. In addition, Meysan provided vital counsel to Ooredoo Kuwait and group on all capital markets considerations and requisites including, necessary valuation exercises, corporate approvals and disclosures. Our expertise in this arena ensured a comprehensive and compliant approach to all aspects of the transaction.
The newly formed entity is set to interconnect over 30,000 telecommunication towers spanning Qatar, Kuwait, Algeria, Tunisia, Iraq, and Jordan. This strategic move firmly establishes the MENA region on the global telecom tower map. Operating under an independent model, the restructured company will provide passive infrastructure as a service throughout the region.
As the transaction progresses towards its closing phase, Meysan will continue to play a key role in closing the process. Our team is actively involved in assisting the parties in meeting the Kuwait conditions precedent for closure. This involves navigating through regulatory requirements, filing necessary applications, and obtaining all regulatory approvals to ensure a successful conclusion to this transformative venture.
Meysan’ expert legal team, led by partner Tarek Yehya and Senior Associate Lama Abou Ali, navigated the complexities of this cross-border deal. The team’s dedication and expertise contributed to the realization of this significant milestone, solidifying our commitment to delivering exceptional legal expertise in complex transactions within the region.
“We are thrilled to have collaborated with Ooredoo Kuwait on this groundbreaking deal,” expressed Tarek Yehya, partner Meysan. “The creation of this tower company marks a significant milestone for the leading telecom operators and reinforces the MENA region’s prominence in the global telecommunications landscape.”
With a commitment to excellence, Meysan stands as a trusted partner in navigating complex transactions and legal matters.
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