In recent years Bahrain has seen the introduction of a series of laws designed to further develop the kingdom’s financial sector, facilitate local and foreign investment, and promote Bahrain as a transparent, secure and cost-effective place to do business in the Middle East and North Africa.
In line with King Hamad bin Isa Al Khalifa’s commitment to strengthening non-oil sectors, the Real Estate Regulatory Authority (RERA) was officially formed with the issuance of Decree No. 69 of 2017 with respect to the organisation of the RERA. It began operations in March 2018, with a focus on licensing real estate service providers,...
The most recent amendments to Bahrain’s Legislative Decree No. 21 of 2001 promulgating the Commercial Companies Law were ratified in January 2018, and built upon the shareholder-friendly trends of the 2014 and 2015 amendments to the decree.
In Bahrain, 4G mobile data services have been available since 2014, with operators having since upgraded to faster LTE-Advanced (LTE-A) networks. The kingdom is now working on the rollout of 5G networks, which will provide substantially faster download speeds and lower latency, allowing for the emergence of a range of new technologies based...
Bahrain boasts one of the best-developed telecommunications markets in the region, and the authorities are planning for further infrastructure upgrades, including the rollout of an ultra-fast broadband network across the country.
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the globe. While the technology is still taking off and its potential is not fully known, many emerging markets are hoping...
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