Dr. Abdulwahab Sadeq
Partner
BIOGRAPHY

Dr. Sadeq has extensive expertise in Companies, Capital Markets, Regulatory, and Competition law. His experience covers equity and debt transactions within the banking and capital markets, advising clients on initial public offerings (IPOs), block trades, securitizations, convertible and exchangeable bond offers, and debt issues. He has also developed a specialization in banking transactions, private and public mergers and acquisitions (M&A), and private equity investments.

Dr. Sadeq is a trusted advisor to both financial institutions and issuers, providing comprehensive legal guidance to ensure compliance with applicable regulations while optimizing transaction structures.

Dr. Sadeq is a qualified attorney in New York, District of Columbia and Kuwait. He is an associate professor at Kuwait University and vice chairman of Kuwait National Sports Arbitration Tribunal.

PRACTICES
  • Corporate
  • Competition & Regulatory
Professional Bodies
  • District of Columbia
  • New York Bar
  • Kuwait Bar Association
EDUCATION
  • Georgetown University, Doctor of Judicial Science (S.J.D.), 2016
  • Georgetown University, Master of Laws (LLM), International Business and Economic Law, 2011
  • Bachelor of Laws, Kuwait University, 2007
LANGUAGES
  • Arabic (fluent)
  • English (fluent)
EXPERIENCE

Advised and assisted clients on a broad range of complex commercial transactions, regulatory compliance issues, capital raising, issuance of equity, alongside various capital market transaction involving diverse matters relating to securities.

Represented a number of international companies and individuals before the Kuwaiti courts regarding complex legal commercial disputes.

Engaged in business development activities, including maintaining client relationships and originating clientele amongst a pool of blue-chip companies, multinational corporations, sovereign and government entities and high net worth individuals.

Advised Global Auto Group, 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 Ltd, a Bermuda incorporated company directly and indirectly owning the Bavarian Auto Group, BMW’s Egypt dealership.

Advised the shareholders and founders of UPayments, an online payment solution company and a pioneer company in the Fintech sector, in the sale of 51% of its shares to the National Bank of Kuwait.

Acted as lead counsel and advised Boubyan Petrochemicals KSCP in the acquisition of all the shareholder of the English Education Providers Group (EPG), family-owned Kuwaiti educational institution, dedicated to providing quality education to over 8,500 children across various educational stages.

Advised Kalaam Telecommunications, Bahrain’s leading technology solutions provider, in the purchase of 100% share capital of Zajil International Telecom Co. (KSCC), one of Kuwait’s longest-established ISP and ICT services companies.

Advised the winning consortium in relation to the privatization of Boursa Kuwait. The Consortium included National Investment Company, First International Company, Arzan Financial Group for Financing and Investment and Athens Stock Exchange SA Holding (the qualified international operator). The Consortium has acquired a 44% equity stake in Boursa Kuwait. 50% of Boursa Kuwait’s equity was sold to the public through an IPO, and the remaining 6% continued to be owned by the Public Institution for Social Security (PIFSS).

Advised Agility Investment Holding Limited in connection with the full conversion of KWD 31 Million outstanding convertible loans into common shares of National Real Estate Company KSC. Agility converted the outstanding principal and interest into an aggregate of 272,800,000 common shares of NREC at 100 fils nominal value and share premium.

Advised the selling shareholders of Falcon Group (the “Group”), with respect to the Raptor Equity Ventures Limited investment in the Group including negotiating the definitive transaction documents and facilitating closing of the investment. Valued at $100 Million. Falcon Group has various interests in tech ventures in the region the biggest of which is in Kuwait where it owns the 4Sale and Q8Car online and app-based classifieds businesses.

Advised Al Khair National for Stocks and Real Estate Company, the investment arm of Al-Kharafi Group, in a transaction for the sale of 44.8% of its shares (equivalent to 80.7 Million shares) in the Heavy Engineering Industries & Shipbuilding Company for a total value of KWD 17.5 Million.

Advised the Government of Kuwait on the USD 85 Billion development of Madinat al-Hareer (Silk City), a 450 square kilometer city on the northern coast of Kuwait Bay with residential, leisure, commercial and industrial components, including road, rail, sea, and airport infrastructure.

Advised Massaleh Real Estate Company K.S.C.P. a publicly traded company since 1997 on debt restructuring, and sale of shares of its subsidiaries.

Advised Al-Khair National for Stocks and Real Estate Company, on the sale of its shares representing 12.063% of Zain’s issued share capital, to Oman Telecommunications Company valued at $1.5 billion.

Advised Mobile Telecommunications Company “Zain” on the sale of its entire block of treasury shares, representing 9.84% of Zain’s share capital, to Oman Telecommunications Company valued at USD 846 Million.

Advised British School of Kuwait, the largest private school in Kuwait, on the sale of 100% of its equity interest to publicly listed company, Nord Anglia Education, valued at USD160 Million.

Advised the sellers on the sale of Kuwait English School (“KES”) to Sama Educational Company, a Kuwaiti leading educational group who owns and manages several schools, nurseries and educational centers in Kuwait.

Advised Jadwa Investment, a leading investment management and advisory firm in the Middle East, on the acquisition of a 70% equity stake in Dabdoob Holdings Limited Company (“Dabdoob”), owner of the largest toy e-commerce application in the GCC

Advised National Investment Company KSCP on the first ever corporate merger in Kuwait under the new 2015 merger regulations. The merger involved two NIC affiliates regulated by the CMA as financial brokerage companies, Al Seef and Al Waseet, deal valued at USD100 Million.

Advised Al Bayan Medical Company K.S.C.C. in connection with its acquisition of a majority stake in Sky for the Management of Specialized Medical Centers W.L.L., a Kuwaiti leading dental clinic owned and managed by high profile Kuwaiti dentists.

Advised Hershey’s on their corporate and commercial agency issues in Kuwait.

Advised Warba Bank in their recent Tier 1 Sukuk issuance of USD 200 Million in compliance with Basel III standards, that is still on-going. Meysan Partners was acting as underwriters’ counsel.

Advised Daimler AG on the termination of commercial agency, on their litigation cases, and registration of a new commercial agent in Kuwait and obtained a favorable judgment from the Kuwait Court of Appeal upholding the Court of First Instance’s denial of a USD 1 Billion claim against Daimler AG.

Advised Ford Motor Company in its dispute regarding its Agency in Kuwait. This was perhaps the most high-profile litigation in Kuwait. Obtained a judgment for Ford ordering the recognition and enforcement of a United States of America award in Kuwait. This judgment is of particular significance as it confirms that Kuwait courts should consider the validity of the underlying arbitration clause in the context of the New York Convention and the foreign law governing the contract.

Advised Mobile Telecommunication Company “Zain” in defending against threatened expropriation actions by the Government of Iraq in breach of the Kuwait-Iraq Bilateral Investment Treaty.

Acted as international legal counsel to group of investors in proceedings that resulted in a landmark ruling delivered on 16 June 2020 by the Grand Court of the Cayman Islands. In an overwhelming decision, the court strictly enforced the investors’ statutory rights to disclosure of “true and full information” about a Cayman Islands exempted limited partnership and its affairs.

Advised Kuwait Telecommunications Company on the completion of the acquisition of the entire capital of E-Portal Holding Company and its subsidiaries, one of the most prominent companies in telecommunications and Information Technology sectors in Kuwait.

Appeared several times to give oral and written expert evidence on Islamic, Kuwait and Middle Eastern laws before all manner of courts and tribunals in the United States, United Kingdom, Switzerland, and many other countries.
Acted for Agility Public Warehousing Company KSCP, and obtained an award of over US$1.65 billion for Iraq Telecom Limited (“IT Ltd.”), a joint venture between Agility and Orange S.A., in an International Chamber of Commerce (“ICC”) arbitration against Korek Telecom Company LLC (“Korek”), an Iraqi telecoms company headquartered in Erbil, and its Chair, Mr. Saber Sirwan Barzani. The dispute relates to IT Ltd.’s investment of over US$800 million in Korek. IT Ltd. began the arbitration before the ICC in 2020, bringing claims on behalf of itself as well as derivative claims in the name and on behalf of International Holdings Limited (IH Ltd.), an affiliate of Agility that previously owned 100 percent of Korek’s shares.

Advised Hyundai Engineering and Construction Company (HDEC) in pre-litigation advice in relation to its construction of one of the world’s longest bridges, Sheikh Jaber Al-Ahmad Causeway, a KWD 700+ million project.

Acted as a Kuwait law expert in a major multi-million-US dollar LCIA arbitration on behalf a foreign company against a Kuwaiti State-owned oil company.

Acted as a Kuwait law expert in a major enforcement proceedings in Florida State Court, USA against IAP Worldwide Services, Inc. a pioneer US Army contractor.

Advised Hyundai Engineering and Construction Company (HDEC) in pre-litigation advice in relation to its construction of one of the world’s longest bridges, Sheikh Jaber Al-Ahmad Causeway, a KWD 700+ million project.

Acted as a Kuwait law expert in a major multi-million-US dollar LCIA arbitration on behalf a foreign company against a Kuwaiti State-owned oil company.

Acted as a Kuwait law expert in a major enforcement proceedings in Florida State Court, USA against IAP Worldwide Services, Inc. a pioneer US Army contractor.

 

Meysan Advises Shareholders of Upayments on the Sale to National Bank of Kuwait
Meysan Advises Shareholders of Upayments...
December 2, 2024

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 Advises National Investments Company (NIC) on the Sale of 6.5 Million Shares, Representing 3% of Boursa Kuwait’s Capital
Meysan Advises National Investments Comp...
November 21, 2024

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 acts as counsel in the acquisition of Milton Keynes Dons F.C. in UK
Meysan acts as counsel in the acquisitio...
August 12, 2024

London and Kuwait City – A team of Meysan lawyers served as legal counsel to a Kuwait-based consortium of shareholders, including Fahad Ali AlGhanim, Hamad Abdulmohsen AlMarzouq, Kamil G. Karam, and Meshal AlMarzouq, on the acquisition of Milton Keynes Dons Football Club (MK Dons), including the football club, Sports and Education Trust,… Read more

Meysan advises Beyout investment group holding on successful offering and listing on Kuwait stock exchange
Meysan advises Beyout investment group h...
June 12, 2024

Kuwait June 11, 2024 - Meysan advised Beyout Investment Group Holding (“BIG”), a family business group managing integrated services portfolios, on the successful offering of 90,000,000 ordinary shares, representing 30% of BIG issued share capital and its listing on the Premier Market of the Kuwait Stock Exchange. This landmark transaction… Read more

Meysan Dismisses Claims Over $100 Million Against Global Automotive Company.
Meysan Dismisses Claims Over $100 Millio...
March 4, 2024

The Meysan team has secured another monumental legal victory. Spearheaded by Dr. Abdulwahab Sadeq and Senior Counsel Tarek Diab, the team represented a global automotive company and a local dealer in a legal dispute with their former local agent, who demanded various compensations amounting to approximately one hundred million US dollars. Despite the… Read more

Meysan advised UPayments in the sale of 51% of its shares to NBK
Meysan advised UPayments in the sale of ...
February 21, 2024

20 February 2024, Kuwait City, Kuwait - Meysan Partners played a key role in advising UPayments, a prominent online payment solution provider, on the sale of a 51% stake to the National Bank of Kuwait (“NBK”). This strategic transaction underscores UPayments' remarkable success in the burgeoning Fintech industry, where they have… Read more

Meysan Obtains Rare Annulment of Previous ICSID Judgment; only 5% of Annulment Applications Granted in the History of ICSID – Agility Will Refile Claims Against Iraq.
Meysan Obtains Rare Annulment of Previou...
February 13, 2024

In a major Victory for Agility, this Action is a Bellwether of Whether there is a True Rule of Law for Those Who Invest in Iraq Three years ago, an international arbitration tribunal constituted under the auspices of the International Centre for the Settlement of Investment Disputes (ICSID) denied claims… Read more