This chapter contains an outline of the legal framework in which local and foreign investors operate, including a review of the effects that new labour legislation will have on employers, an examination of corporate law in Bahrain and a look at a proposed law to address the threat of cyber crimes.
This chapter contains a viewpoint from Qays H Zu’bi, Senior Partner, Zu’bi &...
As the region faces up to the challenge of the recent drop in oil prices, Bahrain’s fundamentals indicate the kingdom is well positioned to weather the dip. The focus on diversification goals outlined in Economic Vision 2030 is helping establish a more competitive and sustainable economy in the kingdom. The financial sector, which represents Bahrain’s second-largest GDP contributor, has continued to recover robustly since the global economic downturn.
The Commercial Agency Law (Sultani Decree 26/1977, CAL) was enacted to provide a means for foreign principals to sell goods and services in Oman without a local presence, while providing protection to the investment made by Omani agents. Prior to the amendments, the CAL was protective of Omani agents with regards to renewal and termination of agency agreements....
How do you assess the legislative process in Oman, and what sort of changes would encourage more participation from foreign firms?
The 1996 Basic Statute of the State (also referred to as the Basic Law) sets out the legal structure of Oman and the respective functions of the executive and the judiciary, as well as citizen’s personal liberties and public obligations. It provides that Oman’s basic principles include free market economics, cooperation between the public and private sectors, the...
This chapter contains an outline of the legal framework in which local and foreign investors operate in Oman. This chapter includes an interview with Paul Sheridan, Partner, Dentons.
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