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  • Bahrain’s Competition Law: What it means for the Bahraini market

    Content Types: ArticleRegions & Countries: BahrainServices: Legal
    Maintaining competition within the marketplace is vital both to ensure enhanced consumer welfare, and a thriving economy. In 2018, the Kingdom of Bahrain (“Bahrain”) introduced Law No. 31 of 2018, the Competition Promotion and Protection Law (the ‘Competition Law’) which regulates anti-competitive practices in the market, and which is aligned to the rest of the GCC countries’ competition law regimes.
  • Bahrain’s Competition Law: What it means for the Bahraini market

    Content Types: ArticleRegions & Countries: BahrainServices: Legal
    Maintaining competition within the marketplace is vital both to ensure enhanced consumer welfare, and a thriving economy. In 2018, the Kingdom of Bahrain (“Bahrain”) introduced Law No. 31 of 2018, the Competition Promotion and Protection Law (the ‘Competition Law’) which regulates anti-competitive practices in the market, and which is aligned to the rest of the GCC countries’ competition law regimes.
  • The conundrum around directors remuneration for banks in Bahrain

    Content Types: ArticleRegions & Countries: BahrainIndustries: Banking & FinanceServices: Legal
    Recently, Law No. 21 of 2001 promulgating the Commercial Companies Law was amended by Law No. 28 of 2020 (“Companies Law”). One of the amendments pertained to Article 188, which deals with directors’ remuneration. The Central Bank of Bahrain (“CBB”) rulebook (“CBB Rulebook”) contains provisions that deal with directors’ remuneration. This led to commercial banks in the Kingdom of Bahrain (“Bahrain”) questioning the implications of the amendments...
  • Bahrain Authorises Courts to conduct proceedings in languages other than Arabic

    Content Types: ArticleRegions & Countries: BahrainServices: Legal
    After several months of internal discussions, Legislative Decree No.27 of 2021 has been passed amending the Judicial Authority Law.
  • Legal Update: Bahrain Law of Civil and Commercial Execution

    Content Types: ArticleRegions & Countries: BahrainServices: Legal
    On the 16th of September 2021, Legislative decree No. 22 of 2021, promulgating the Law of Civil and Commercial Execution (the “New Execution Law”), was issued.
  • Amendment to Legislative Decree 30 of 2009 with respect to the Bahrain Chamber for Economic, Financial and Investment Dispute Resolution

    Content Types: ArticleRegions & Countries: BahrainServices: Legal
    The Bahrain Chamber for Dispute Resolution (the “BCDR”) has extended its ongoing efforts in enhancing the efficiency of Bahrain’s judicial system through introducing a new Legislative Decree 26 of 2021 amending certain provisions of Legislative Decree 30 of 2009 with respect to the Bahrain Chamber for Economic, Financial and Investment Dispute Resolution (the “Amendment”).
  • Pandemic accelerates digital push

    Content Types: ArticleRegions & Countries: United Arab EmiratesBahrain...Industries: Banking & FinanceMedical & Health...
    The COVID-19 pandemic has catalysed diversification throughout the GCC on an unprecedented scale. This is an extremely welcome development. Indeed, COVID-19 has exposed the region’s digital laggards, prompting governments to place digitalisation at the core of their national strategies as a means of survival.
  • Legal Update: KSA Zakat, Tax and Customs Authority new regulations

    Content Types: ArticleRegions & Countries: United Arab EmiratesBahrain...Industries: Commodities & Trade Services: TaxLegal
    The KSA Zakat, Tax and Customs Authority has on 2 July 2021 issued an immediately effective new decision No. 3852 (the “Decision”) setting new customs regulations. The Decision relates to GCC countries only.
  • Bahrain Update: The Data Protection Authority issues draft decisions with respect to the Personal Data Protection Law

    Content Types: ArticleRegions & Countries: BahrainIndustries: Information TechnologyServices: Legal
    The Data Protection Authority issues draft decisions with respect to the Personal Data Protection Law
  • An overview of the insolvency regime in Bahrain

    Content Types: ArticleRegions & Countries: BahrainServices: Legal
    The Insolvency Law (Law No. 22 of 2018) and the Central Bank of Bahrain (‘CBB’) and Financial Institutions Law (Law No. 64 of 2006, as amended) (‘CBB Law’) are the primary pieces of legislation under which insolvency or analogous proceedings to which a company incorporated under the Companies Law (Law No. 21 of 2001, as amended) can be subject to in the Kingdom of Bahrain (‘Bahrain’).

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