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Franchising 2020 1. Is there a specific law governing franchise relationships in this jurisdiction? The primary pieces of legislation with regard to franchise arrangements in Bahrain are the Commercial Agency Law, Bahrain Law No. 10/1992, as amended (the Agency Law) and its Implementing Regulation, Bahrain Regulation No. 2/1993 (the Implementing…
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Competition 2020 Bahrain 1. What is the name of the main regulator/ regulators governing the competition law in this jurisdiction? The Authority for Promotion and Protection of Competition. 2. In the context of a merger acquisition in what circumstances, are the seller and/or the purchaser required to notify the competition…
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Q&A Bahrain Banks 2020 1. What are the main laws regulating the banking sector in this jurisdiction and what do they cover? Laws relevant to the Banking sector in the Kingdom of Saudi Arabia include – - The Central Bank of Bahrain and Financial Institutions Law 2006 Bahrain Stock Exchange…
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Artificial Intelligence & The Criminal Justice System Introduction As Stephen Hawking once said, “Artificial Intelligence is either the best or the worst thing to happen to humanity.” The fact that the system is constantly evolving and learning from our routine behavior allows it to adapt and become a sophisticated technology…
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Crypto Asset Exchange – Bahrain Introduction Cryptocurrencies gained traction all across the world since its inception, considering this growth in popularity and use, industry experts, praise its potential. This digital currency went from being a mere concept to virtual reality. In the Gulf Region, Bahrain and Abu Dhabi are a…
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Rail Infrasructure Projects in the GCC Rail Projects are always an ambitious and expensive affair every country hopes for, not to mention the long time periods required to complete and establish such projects as operational. While providing extensive environmental benefits, reducing the pollution created by cars and other heavy operational…
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Initial Public Offering- Bahrain Securities and Assets Securities is a financial instrument that is negotiable and holds some type of monetary value. It is equivalent to an ownership position in a corporation through stock. Securities can be categorized into three types: Equities Debts Derivatives Securities are defined in Volume 6,…
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Bahrain Employment Law and Employee Rights Law Number 36 of 2012, the promulgation of the labor law in the private sector (the “Law”) repealed and replaced the more archaic Labor Law for the Private Sector, Law Number 23 of 1976. The New Law is a milestone for the private sector…
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Copyright Registration in the Middle East Admittedly, the Middle East has something of a "Wild West" reputation, when it comes to some business behaviors. One of the most protuberant of these is the Middle Eastern perception of copying someone as a form of flattery, rather than as theft. In this…
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Securities Finance in Bahrain What are Securities and Assets? Securities is a financial instrument that is negotiable and holds some type of monetary value. It is equivalent to an ownership position in a corporation through the stock. Securities can be categorized into three types: Equities Debts Derivatives Equities Equity security…
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Competition Law in Bahrain “The heart of our national economy long has been faith in the value of competition” -Standard Oil Co. v. FTC, 340 U.S. 231, 248, 71 S. Ct. 240 (1951) Firms conducting anti-competitive behavior may find their agreements to be unenforceable and risk being fined for particularly…
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Extradition Treaty of UAE In International Law, extradition is when one state (Requesting state) requests another state (Requested state), to effect the return of a person for trial for a crime punishable under the Requesting state's laws and committed outside the Requested state (state of refuge). The extraditable person could…
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Free Zone Bahrain Logistic Zone Q1. What law established this Zone? The Bahrain Logistics Zone is the first boutique logistics park in the region which was launched in 2008 and is strategically located adjacent to Khalifa Bin Salman Port, which is a state-of-the-art port in Bahrain, towards the North. Q2.…
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Q&A on Consumer Protection and Product Liability in Bahrain and Oman Sources of law Q1. What are the principal legislation and regulation pertaining to product liability? The main areas of law and regulation relating to product liability are: I. Oman Product liability is regulated by the: Consumer Protection Law (Royal…
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