• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key regional and global player. The Vision 2030 blueprint sets out regulatory, budget and social reforms that will be implemented over the coming decade as the nation sets about curbing its reliance on crude oil production and export, which accounted for 43.5% of GDP in 2018.

The state of Qatar, a peninsula located in the Arabian Gulf, is known for being one of the world’s foremost exporters of natural gas. Its economy has grown from a dependence mainly on pearling – that is, the harvesting of pearls from molluscs – to a strength in the production and exportation of hydrocarbons and other resources.

How will new legislation improve the current investment climate in Qatar?

Chapter | Legal Framework from The Report: Qatar 2019

The state of Qatar, a peninsula located in the Arabian Gulf, is known for being one of the world’s foremost exporters of natural gas. Its economy has grown from being one that is dependent mainly on pearling – that is, the harvesting of pearls from molluscs – to one that is driven by the production and export of hydrocarbons and other resources. Qatar National Vision 2030 (QNV 2030) was...

Its relatively small population and status as the world’s biggest gas exporter have helped Qatar become the richest country globally in terms of GDP per capita, which stood at $72,700 at current prices in 2019, according to IMF estimates. In recent years, however, the nation has faced strong economic headwinds from a drop in global energy prices to a diplomatic blockade.

 

Sri Lanka outperformed most regional peers in the World Bank’s “Doing Business 2019” report in terms of trading across borders, though still lagged behind India. Sri Lanka was ranked 93rd, with India at 80th; Pakistan at 142nd; the Maldives at 155th; and Bangladesh at 176th. This needs to improve; however, it is true that several important...