The Middle East Legal Framework

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Bahrain provides an excellent environment for alternative dispute resolution (ADR) due to its reliable, professional, and effective legal system.

International laws, treaties and conventions in the modern era have had the greatest impact in reducing conflicts and disputes between nations, and also in reducing their grave consequences. These laws wouldn’t have seen the light without the existence of dominant implementing bodies, such as the League of Nations – later replaced by the United...

The Central Bank of Bahrain and the Financial Institutions Law, 2006 (“CBB Law”), along with other rules and regulations issued by the Central Bank of Bahrain (CBB) from time to time govern and regulate the financial industry and the provision of financial services in Bahrain.

The most-discussed topic in Bahraini law presently is the introduction of the New Bahrain Labour Law, the Labour Law for the Private Sector Law No.36 of 2012 ("New Labour Law"). This law became effective from September 2, 2012; it repeals and replaces the old Labour Law for the Private Sector (No. 23 of 1976, as amended). Regulations implementing...

Chapter | Legal Framework from The Report: Bahrain 2013

New regulations from the Central Bank of Bahrain that seek to target the marketing of unauthorised financial services have recently been introduced. This new regulation is intended not only to regulate all the financial services and products that are offered in Bahrain, but also to safeguard the interests of the foreign financial institutions who wish to offer or market financial products and...

Bahrain has remained largely insulated from international external risks and has weathered the global economic shocks of the recent past relatively well. At the height of the international financial downturn, for example, the kingdom avoided falling into recession and even achieved real GDP growth of more than 6% in 2008 and over 3% in 2009. 

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