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Evolution of Fintech in the Middle East “The major winners will be the financial services companies that embrace technology.” With a population of about 600 million people, the Middle East is one of the world's most diverse areas, covering three continents and 21 countries. It is a culturally, politically, and…
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Bahrain Property Law 2022 A new plan to promote the real estate sector is set by the Bahrain Real Estate Regulatory Authority (RERA) in accordance with the Kingdom's Economic Vision 2020 called National Plan for Real Estate. This aims to enhance Bahrain's economy by attracting the investors into the Kingdom…
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Arbitration in Bahrain and Enforcement of Arbitral Awards in Bahrain Arbitration rules enacted by The Kingdom of Bahrain In 2009 make it the primary united states within the globe to create the equal of a loose exchange quarter for arbitration. That rules, Legislative Decree No. 30(The Decree), offers events to…
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Understanding Censorship Across the GCC Censorship is one method of the government to control media. Censorship is characterized as concealment or forbiddance of speech or composing that is considered subversive of the benefit of everyone. It happens in all manifestations of power in some degree, yet in present day times…
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GCC VAT Agreement Introduction Globally the VAT system has been around for a long time. However, for the most part, Arab countries have been operating tax-free in that respect. Over 160 countries around the world have adopted the indirect tax method to reduce the fiscal deficit and facilitate a steady…
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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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Family Law in GCC A Family is formed by considering several factors like the social, political, and monetary. Similarly, there is a legal design in framing a family. In a net shell a family law covers two fundamental fields one is the relationship between spouses and the other is the…
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Health & Safety in Bahrain 2020 1. What is the main legislation governing health and safety in this jurisdiction? The primary legislation governing health and safety in Bahrain is the Occupational Health and Safety Regulations (OHS) which were introduced in 1976. These were broadly based on the UK Health and…
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A closer look at Electronic Privacy Laws in the GCC The cooperation council for the Arab State of the Gulf is commonly known as Gulf Cooperation Council (GCC). It is a regional, intergovernmental, political and economic union that consists of all Arab states of the Persian Gulf except Iraq. The…
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Bahrain Investment Wharf Introduction The Bahrain Investment Wharf (BIW), worth US$1.3 billion, is the Kingdom's largest privately owned and operated industrial park. This ground-breaking proposal is a mixed-use manufacturing, enterprise, logistics, commercial, and residential construction estate that spans 1.7 million square meters in the recently built Al Hidd Industrial Development…
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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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Q&A Bahrain Banking Regulatons 2020 1. What are the main laws regulating the banking sector Bahrain and what do they cover? Laws relevant to the Banking sector in the Kingdom of Bahrain include – - The Central Bank of Bahrain and Financial Institutions Law 2006 Bahrain Stock Exchange Law 1987;…
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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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Pharma 2020 Bahrain 1. What are the main laws governing the manufacture and sale of pharmaceuticals in Bahrain? Bahrain Decree-Law No. 18/1997 with Respect to the Practice of Pharmacists and Pharmaceutical Centres (as amended by Bahrain Decree-Law No. 20/2015) (the Law). 2. Are there any significant differences in this area…
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