Legal Framework
From The Report: Bahrain 2020
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Recent years have seen the promulgation of various laws to position Bahrain as a competitive regional jurisdiction. This chapter reviews these new laws, including Bahrain’s new Law for the Encouragement and Protection of Competition, which came into effect on February 1, 2019. The first dedicated Personal Data Protection Law (PDPL) came into force on August 1, 2019. Prior to the implementation of the PDPL, there was no single codified data protection law in force in Bahrain. The Protected Cells Company Law, designed to further develop Bahrain’s financial sector, facilitates local and foreign investment, and promotes the country as a simple, secure and cost-effective place to do business in the Middle East. This chapter contains a viewpoint from Hatim Q Zu’bi, Zu’bi & Partners, Attorneys & Legal Consultants.

Articles from this Chapter

Overview

Bold moves: Recent years have seen the promulgation of various laws to position Bahrain as a competitive regional jurisdiction
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Bahrain’s new Law for the Encouragement and Protection of Competition (Competition Law) was published in the Official Gazette on July 19, 2018, and its provisions – with the exception of Chapter 2 – came into effect on February 1, 2019. Chapter 2 establishes and relates to the Authority for Encouragement and Protection of Competition, and came into force on August 1, 2018. While the authority had not yet been formed as of October 2019, Decree No. 8 of 2019 stipulates that the Consumer…

Viewpoint

Renewed terms: Hatim Q Zu’bi, Zu’bi & Partners, Attorneys & Legal Consultants, on the first-of-its-kind bankruptcy law in the GCC
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Law No. 22 of 2018, known as the Reorganisation and Bankruptcy Law (New Law), was published in the Official Gazette on June 7, 2018 and came into effect on December 7, 2018. This repealed and replaced the Bankruptcy and Composition Law of 1987. The New Law brings innovation in bankruptcy dealings to the GCC, and encourages investment by laying out transparent and flexible regulations for insolvency. The New Law applies to both commercial companies established in Bahrain (including companies…