Legal Framework

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Chapter | Legal Framework from The Report: Saudi Arabia 2014

This chapter features an overview of the law for both local and foreign investors, as well as an outline of regulations on owning property for non-GCC nationals. It covers up-to-date laws on intellectual property and copyright, as well as environmental guidelines for construction projects and some new standards for disclosure of financial information. This chapter includes a viewpoint from...

The only monarchy in North Africa, Morocco has one of the more diversified GDP mixes in the region, and the mainstays of the economy include agriculture, tourism, and the textiles industry; higher-end manufacturing, IT and communications, and outsourcing are also all becoming increasingly important. The past few years have seen some significant changes, yet the kingdom has remained stable, even amidst the broader regional turmoil.

Chapter | Legal Framework from The Report: Morocco 2014

OBG introduces the reader to the different aspects of the legal system in Morocco, in partnership with Lefèvre Pelletier & associés. This chapter includes a viewpoint from Alain Gauvin, Partner, Lefèvre Pelletier & associés, as well as an interview with Romain Berthon and Lina Fassi Fihri, Partners, Lefèvre Pelletier & associés.

On October 13, 2008, Morocco became the first country in the Mediterranean region to be granted advanced status, marking a new phase of privileged relations with the EU. This reflects the shared willingness of Morocco and the EU to strengthen political dialogue and cooperation in the economic, social, parliamentary, judicial and security fields, as well as in other...

 

With real estate a major part of the Moroccan economy, the country is continuously strengthening the sector’s legal framework, and has laws and regulations that cover a wide range of business law.

 

Public procurement contracts are of great importance in Morocco, representing 15% of GDP in 2013. The principles governing public contracts required amendment in order to comply with international standards. Amending the status of public contracts was also an opportunity to give the necessary attention to strategic issues such as environmental...

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