The Middle East Legal Framework

Displaying 85 - 90 of 258

 

In an ongoing attempt to ease dispute resolutions, arbitration has become a core practice in the kingdom. Bahrain is the first country in the world to have a free arbitration zone and to introduce the concept of statutory arbitration for commercial and financial disputes, as stated by the President of the American Arbitration Association (AAA...

 

Bahrain is a regional financial hub for investment and business in the GCC. This holds true due to the efforts set forth by the Ministry of Industry, Commerce and Tourism (MoICT), and its minister, Zayed R. Al Zayani, in cooperation with other ministries. The MoICT has taken steps to encourage and create lucrative opportunities for foreign...

 

Bahrain has gone through a series of economic challenges in the past five years. A primary source of these is the downturn in the real estate market. In an effort to combat the negative effects of the downturn on investors, three significant laws have been issued since 2014 regulating the dealings of all parties involved in the real estate...

 

The tightening of banking rules and regulations has been an ongoing pattern worldwide, particularly following the global financial crisis of 2008-09.

Chapter | Legal Framework from The Report: Bahrain 2017

This chapter contains an overview of the legal framework in which local and foreign investors operate in Bahrain, including a summary of marketing investment products and services, a rundown of the changes to foreign ownership laws for certain businesses and a look at the recent amendments to real estate laws.

This chapter contains a viewpoint from Hatim Q Zu’bi, Partner, Zu’bi...

Bahrain has embarked on a reworking of its subsidy framework in a bid to ease the budgetary pressures associated with the fall in oil prices. Meanwhile, the government is also pushing forward with diversification efforts, with the kingdom’s $32bn investment strategy fuelling activity in various areas of the economy. 

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