Corporate governance refers to the systems, principles and processes through which companies are directed and controlled.

The Kingdom of Bahrain is in the process of making comprehensive changes to its corporate laws and procedures to make it easier to set up and carry out business in Bahrain.

The corporate governance code of Bahrain (the Code) aims to bring international corporate governance standards to public companies, and in particular financial institutions, incorporated under the Bahrain Commercial Companies Law (the Companies Law).

The Ministry of Industry, Commerce and Tourism (the "MOICT") have been at the forefront of the introduction of Resolution No. (91) of 2022 amending (the "Amendments") the Ministerial Decree No. (19) of 2018...

In a global context in the wake of the financial crisis there has been an increasing emphasis on Corporate Governance. In the Middle East there have been developments such as the introduction of the Bahrain Corporate Governance Code (the Bahraini Code).

In this article, Clive Hopewell, a partner with Charles Russell LLP and Head of its Middle East Office considers some of the lessons learned from the recent financial crisis and those factors driving corporate governance reform in the MENA region.