In many respects 2014 marked the transition from strong recovery to promising growth for Dubai. With many exciting projects in the pipeline, not least the hosting of Expo 2020, the emirate is continuing to build on its reputation as a dynamic and international centre for business.
Most organisations have defences in place to protect against physical attacks, such as armed robbery. Protective measures operate on a few simple premises: 1. Just because it has not happened, this does not mean it will not happen in the future; 2. Strong, obvious defences are a deterrent against opportunistic threats, but do no guarantee against more sophisticated...
Real estate developers are the main contributors converting ideas and drawings into property, facilitating the creation or renovation of real estate projects. Real estate development projects can be rewarding and highly profitable to all participants if planned, supervised and executed within a well-regulated framework and in a highly professional manner, where...
I. A REVIEW OF THE NEW LABOUR LAW It has been almost two years since the introduction of the Labour Law for the Private Sector Law No.36 of 2012 (the “New Labour Law”). This legislation repealed and replaced the more archaic Labour Law for the Private Sector – Law No. 23 of 1976 – as amended (the “Old Law”). The New Labour Law is seen as a milestone for the private...
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.
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