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Since its inception in 2006, the Central Bank of Bahrain (CBB) has relentlessly worked towards maintaining the monetary and financial stability in the Kingdom of Bahrain. The CBB facilitates market innovation and encourages the use of training and technology to enhance the competitiveness in Bahrain’s financial sector. One of the key recent developments in the …

Continue reading “Commentary | Hassan Radhi & Associates”

Iran is situated at the geographic nexus of the Middle East, Levant, Russia, Central Asia and Indian subcontinent. It connects the Caspian Sea and the Persian Gulf, and lies on the ancient and modern route from the Mediterranean to the subcontinent and China. It shares land borders with Iraq, Turkey, Armenia, Azerbaijan, Turkmenistan, Afghanistan and …

Continue reading “Commentary | Sabeti & Khatami”

MACRO-ECONOMY Jordan is a small-sized country that has emerged as the “business capital of the Levant”. The free market economy of Jordan has grown 7% annually since 1999. Due to the implementation of liberal economic policies, Jordan has become one of the most competitive Middle Eastern economies. Jordan boasts a modern and developed banking system …

Continue reading “Commentary | Qudah Law Firm”

Law Offices of Naoum Farah (“LONF”) was founded in 1975 and has grown dynamically. It is an independent and well-established law firm in Beirut serving a niche of clients by offering a wide range of customized legal services. LONF is reputed for its professionalism and excellence in the quality of its service topped with a …

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2019 has been a year of change for those conducting business in the Sultanate of Oman, as the government continues with its plans to strengthen and diversify the country’s economy in the face of regional instability and a world moving towards a post-oil future. Some of the key changes to the business landscape that have …

Continue reading “Commentary | Al Busaidy, Mansoor Jamal & Co”

As part of its effort to diversify its economy away from a reliance on petroleum, the State of Qatar has initiated numerous market liberalisation programmes to make foreign investment into the country more attractive. While these programmes were at various stages of implementation, the imposition of the blockade by some neighbouring countries has ultimately driven …

Continue reading “Commentary | Sultan Al-Abdulla & Partners”

2018 has witnessed many developments, reforms and initiatives towards promoting growth in the private sector and attracting foreign investment into Saudi Arabia. In line with Vision 2030, the government is working towards improving the Kingdom’s rankings in the World Bank’s Doing Business report. The 2018 Doing Business report cites Saudi Arabia for its reforms in …

Continue reading “Commentary | Hatem Abbas Ghazzawi & Co”

Key trends and recent developments in the UAE business and legal landscape suggest continued growth in commercial opportunities for investors and corporates looking to enter and expand in the UAE. In 2018, the UAE Cabinet passed a landmark decision allowing 100% foreign ownership of companies onshore. This marks a major change from the current regime, …

Continue reading “Commentary | Al Suwaidi & Company”