Legal Framework
From The Report: Bahrain 2017
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This chapter contains an overview of the legal framework in which local and foreign investors operate in Bahrain, including a summary of marketing investment products and services, a rundown of the changes to foreign ownership laws for certain businesses and a look at the recent amendments to real estate laws.

This chapter contains a viewpoint from Hatim Q Zu’bi, Partner, Zu’bi & Partners, Attorneys & Legal Consultants.

Articles from this Chapter

Overview

A smoother process: An overview of restrictions on offering and marketing investment products and services
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The tightening of banking rules and regulations has been an ongoing pattern worldwide, particularly following the global financial crisis of 2008-09. The effect of this has certainly been observed in Bahrain, especially when examining the current regulations applicable to the marketing and provision of discretionary investment management services (investment services), and the marketing and distribution of financial instruments, such as securities (products), to institutional investors. REGULATION:…

Analysis

Open for business: Requirements for incorporating foreign ownership of companies
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Bahrain is a regional financial hub for investment and business in the GCC. This holds true due to the efforts set forth by the Ministry of Industry, Commerce and Tourism (MoICT), and its minister, Zayed R. Al Zayani, in cooperation with other ministries. The MoICT has taken steps to encourage and create lucrative opportunities for foreign investors and companies wishing to establish a presence in Bahrain. A foreign investor is any non-Bahraini individual or non-GCC national. Additionally,…

Analysis

Market overhaul: A closer look at custodian accounts and their role in establishing investor confidence
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Bahrain has gone through a series of economic challenges in the past five years. A primary source of these is the downturn in the real estate market. In an effort to combat the negative effects of the downturn on investors, three significant laws have been issued since 2014 regulating the dealings of all parties involved in the real estate market. Law No. 28 of 2014 on real estate developments was issued to clearly define the framework of the industry, including new licensing regimes and…

Viewpoint

Settling matters: Hatim Q Zu’bi, Partner, Zu’bi & Partners, Attorneys & Legal Consultants, on the new arbitration law
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Viewpoint: Hatim Q Zu’bi In an ongoing attempt to ease dispute resolutions, arbitration has become a core practice in the kingdom. Bahrain is the first country in the world to have a free arbitration zone and to introduce the concept of statutory arbitration for commercial and financial disputes, as stated by the President of the American Arbitration Association (AAA). In order to address the great discrepancy between national laws in relation to arbitration, Law No. 9 of 2015 promulgating the…