How will new legislation improve the current investment climate in Qatar?
In June 2017 the Central Bank of Bahrain (CBB) announced plans to develop a regulatory sandbox, establishing Bahrain as a leader in the Middle East’s financial technology (fintech) landscape. The regulatory sandbox is a virtual space and framework that facilitates the development of fintech through safe testing of innovative products, services...
There have only been a few changes to the legal framework and tax in Oman in 2018. Some of the more noteworthy enactments have centred on the introduction of stricter penalties following the introduction of a new penal code and through existing competition and anti-monopoly laws, and consumer protection laws. These changes have placed greater...
There have been a number of improvements within Kuwait’s legal system over the course of the last 25 years. Back then, we had only three significant pieces of legislation: our civil code, the commercial law and a companies’ law that was already outdated for its usage. It was clear that these laws were insufficient for the requirements of...
Jordan is becoming a major investment destination in the region, and the government has strived to promote and encourage investments by granting investors an array of incentives for doing business within Jordanian territories. Investors focus largely on the costs associated with carrying out their commercial activities in Jordan. A major cost...
In 2002 Bahrain was among the first GCC countries to introduce legislation regarding electronic transactions. Legislative Decree No. 28 of 2002 promulgating the Electronic Transactions Law governs a wide array of electronic transactions and includes provisions on various issues, from the legal recognition of electronic records to formalities...
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