UAE
February 24, 2000
Companies LawInvestors interested in establishing businesses in Egypt are subject to four laws: Corporate Law No. 159 of 1981; Investment Law No. 8 of 1997; New Communities Law No. 59 of 1979; and the
February 23, 2000
Moroccan tennis star Hicham Arazi was among opening round winners in Tuesday's action at the AXA Cup Tennis Tournament in London. Arazi, the tournam
The ambitious Dubai Internet City initiative has begun to bear fruit as one of the most famous international IT companies had decided to move its regi
JudiciaryA basic understanding of Egyptian law requires some knowledge of the origin and basis of Egyptian jurisprudence. Egyptian legislation can be traced to three major sources: Napoleonic Code, Ro
PrivatizationThe Egyptian government made a formal commitment to privatization in the early 1990s and announced a plan for the divestiture of 125 public enterprises over the following five years. The
During the fiscal year 1998-99, Egypt met its goal of maintaining a deficit of around 1 percent of GDP. The current deficit, for the year ending June 30, 2000, was budgeted at 1 percent of GDP, but mi
Since the early 1990s, Egypt has instituted a dramatic economic recovery making its economy an envy of the region. GDP during the last few years has grown by between 5.3 percent and 6 percent and is e
Bahrain is party to several international conventions pertaining to environmental issues. The Kuwait Regional Convention for Cooperation on the Protection of the Marine Environment from Pollution was
GeneralWhile Bahrain does have laws pertaining to the protection of patents, trademarks and copyrights, they are often considered inadequate by Western standards despite the fact that Bahrain has rece
Currency ControlThe Bahrain Monetary Agency (BMA) is the regulatory body that oversees the commercial banks and other financial institutions operating in Bahrain and is the rough equivalent of a centr
GeneralThe Law of Commercial Companies, Decree 28 of 1975, as periodically amended, governs most of the principal types of business entities in Bahrain. This decree contains the law relating to compan
GeneralA large part of the laws of Bahrain are based on published statutes, which derive from the Shar’ia (religious law). The Contract Law and Civil Wrongs Ordinance are based on principles of Englis
Bahrain is seeking to privatize its Hidd power and water complex. Two Bahraini banks bid for the facility and the winner will enter into partnership with an international developer to run the complex
After 28 years of leading his country, including declaring Bahrain's independence from Britain, Emir Sheikh Isa bin Salman al-Khalifah passed away after a heart attack in March 1999 at age 66. His el