• 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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The following laws form the basis of the Moroccan corporate legislative corpus: the Moroccan Civil Code, or Dahir (royal decree) Obligations et des Contrats, of August 12, 1913; Law No. 17-95 on joint-stock companies, promulgated by Dahir No. 1-96-124 of August 30, 1996; and Law No. 5-96 on limited liability companies, promulgated by...

Chapter | Legal Framework from The Report: Morocco 2019

Written in partnership with Sayarh & Menjra Law Firm, this chapter introduces the reader to the different aspects of the legal system in Morocco. It also contains a viewpoint with Mehdi Megzari and Omar Sayarh, Partner and Managing Partner, Sayarh & Menjra Law Firm.

A number of key developments in the country are expected to support economic growth in the coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large national middle class.

Ghana continues to be one of the most stable countries in sub-Saharan Africa and has developed substantially over the years. Now one of Africa’s fastest-growing economies, the country is starting to move away from traditional resource dependency. However, it faces the challenge of ensuring the widest benefit from that expansion, given its growing and increasingly urbanised population.

En un esfuerzo por aumentar la confianza de los inversionistas e impulsar el desarrollo de proyectos mayores de infraestructura, luego del escándalo de corrupción de Odebrecht, Perú ha adoptado medidas para lograr una mayor transparencia a la hora de otorgar obras públicas de gran envergadura.


In June 2017 the Central Bank of Bahrain (CBB) announced plans to develop a regulatory sandbox, establishing Bahrain as a leader in the Middle East’s financial technology (fintech) landscape. The regulatory sandbox is a virtual space and framework that facilitates the development of fintech through safe testing of innovative products, services...