Project finance

MEYSAN PARTNERS LAUNCHES IN LONDON
MEYSAN PARTNERS LAUNCHES IN LONDON

Meysan Partners announces the launch of its London office today, its first office outside of the Middle East. Meysan London will focus on heavyweight commercial and investor-state disputes, with a mission to apply the firm’s international litigation and arbitration know-how to the most complex cross- border… Read more

UAE expands the pool of private sector establishments subject to Emiratization targets
UAE expands the pool of private sector...

The Ministry of Human Resources and Emiratization announced yesterday that the Government’s Emiratization drive now includes private companies with 20 to 49 employees. This expansion applies to companies across 14 economic sectors, including, inter alia, real estate, education, construction, and healthcare. Previously, only companies with 50… Read more

Kuwait Competition Authority (CPA) imposes a hefty fine for failure to make proper filing
Kuwait Competition Authority (CPA) imp...

On 30 May 2023, the CPA announced that it has fined a company a total amounting to 5% of its total revenues. The company, who runs a booking application platform, had failed to secure CPA’s consent prior to completing the economic concentration process. Based on CPA… Read more

NATIONAL CONSUMER HOLDING COMPANY TO ACQUIRE COZMO ENTERTAINMENT GENERAL TRADING
NATIONAL CONSUMER HOLDING COMPANY TO A...

National Consumer Holding company (NCHC), a leading industrial investment company based out of Kuwait, has entered into a binding agreement to acquire Cozmo Entertainment General Trading (Cozmo). Meysan Partners, a leading corporate law firm in Kuwait, played a major role in helping NCHC sign binding documentation… Read more

Saudi Arabia Merger Control Update: An increased threshold for GAC filings
Saudi Arabia Merger Control Update: An...

I. General Authority for Competition (GAC) decision dated 28 March 2023 On March 28, 2023, the Saudi General Authority for Competition (GAC) approved a decision to raise the minimum turnover threshold for merger control filings from SAR 100 million to SAR 200 million. In a press… Read more

Law Firm Mergers and Enhanced Risk Management
Law Firm Mergers and Enhanced Risk Man...

In recent years, mergers have become the primary agent for transformation and expansion within the legal industry. The objectives behind these mergers are largely aligned with firms aiming to achieve similar goals. There has been a considerable interest in mergers in the legal industry throughout the… Read more

UAE unemployment insurance scheme registration deadline extended by three months
UAE unemployment insurance scheme regi...

The UAE authorities have announced an extension to the deadline for employees to enroll in the national Unemployment Insurance Scheme. Previously, the deadline was set for the end of June, with fines to be imposed starting from July 1. According to a circular from the Ministry… Read more

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