News developments Archives - Page 161 of 226

Bahrain: Bahrain Signs Mutual Recognition of Vaccination Agreement with Israel

25/04/202125/04/2021
by Benjamin Filaferro

Bahrain has signed a mutual recognition of vaccination and green passports agreement with Israel.

It is the first agreement of its kind between the two countries and is a global precedent for a bilateral agreement on mutual recognition of vaccination certificates.

Under the agreement, those who have been vaccinated in both countries and received vaccinations recognised in the other country will be exempt from isolation rules and be able to enter places which require a green passport. In the second phase, arrangements will be made for people who have been vaccinated with a vaccine which is not recognised by one of the two countries.

The identification process will be carried out digitally. This will facilitate entry into both countries. It is expected to strengthen tourism, trade and economic relations between the two countries.

It follows recent talks between the Bahraini Foreign Affairs Minister and their Israeli counterpart, Gabi Ashkenazi.

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Saudi Arabia: Penalties for Trademark Counterfeiting Announced Saudi Arabia: Penalties for Trademark Counterfeiting Announced

25/04/202125/04/2021
by Benjamin Filaferro

Saudi Gazette, 22 April 2021: Saudi Arabia’s Commerce Ministry has announced the penalties for trademark counterfeiting.

Offenders will be jailed for up to one year and/or fined up to one million Riyals.

The same penalties will be imposed on those who violate the Trademark Law.

This will include those who forge registered trademarks or exhibit, sell or possess products bearing a forged or counterfeit trademark.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Qatar: Recommendations on Investment and Trade Court Establishment Submitted

23/04/202123/04/2021
by Benjamin Filaferro

The Legal and Legislative Affairs Committee of Qatar’s Shoura Council has held a meeting. They examined the draft law on establishing an investment and trade court and submitted its recommendations to the Shoura Council.

Oman: Ministry is working on more foreign investment initiatives for various sectors

23/04/202123/04/2021
by Benjamin Filaferro

Oman’s Commerce and Industry and Investment Promotion Minister has announced the Ministry is working on more foreign investment initiatives for various sectors. The initiatives will include drafting a national strategy for intellectual property, e-commerce activities and regulations regarding fees for displaying Omani products in commercial complexes. Amendments to the Sultanate’s Industrial Law are also being considered and an industrial strategy is being prepared which will be in line with Oman Vision 2040.

Kuwait: Auditing Bureau Given Financial and Administrative Independence

23/04/202123/04/2021
by Benjamin Filaferro

Kuwait’s Parliament has discussed amendments to the Auditing Bureau Law which if approved, would give the Chairman of the Bureau law enforcement powers. The Council approved the article which states the Bureau is a monitoring independent body which enjoys legal personality and administrative and financial independence. The Bureau also has the power to carry out all of the legal dealings necessary to achieve its objectives including concluding contracts, owning transferable and non-transferable monies and has the right to litigate.

GCC: Consultation on Agreement on Inter-state Financial Products Registration Launched

23/04/202123/04/2021
by Benjamin Filaferro

The Committee of the Chairmen of the Capital Market Authorities of the GCC has announced a consultation on an agreement on inter-State financial products registration has been launched. It will be circulated between the bodies which regulate the financial markets in the GCC, and they should their feedback on the most appropriate legislative and legal instrument which should be adopted to register financial products. The General Secretariat must receive these comments by the end of July 2021.

Dubai: No Gambling Licenses Being Issued

23/04/202123/04/2021
by Benjamin Filaferro

Dubai’s Government Media Office has said no gambling licenses are being issued. They were responding to rumours on social media saying these licenses had started to be issued.

Bahrain: Signs Mutual Recognition of Vaccination Agreement with Israel

23/04/202123/04/2021
by Benjamin Filaferro

Bahrain has signed a mutual recognition of vaccination and green passports agreement with Israel. It is the first agreement of its kind between the two countries and is a global precedent for a bilateral agreement on mutual recognition of vaccination certificates. Under the agreement, those who have been vaccinated in both countries and received vaccinations recognised in the other country will be exempt from isolation rules and be able to enter places which require a green passport. In the second phase, arrangements will be made for people who have been vaccinated with a vaccine which is not recognised by one of the two countries. The identification process will be carried out digitally. This will facilitate entry into both countries. It is expected to strengthen tourism, trade and economic relations between the two countries. It follows recent talks between the Bahraini Foreign Affairs Minister and their Israeli counterpart, Gabi Ashkenazi.

Abu Dhabi: New Quality Standards for Tourist and Cultural Attractions Announced

23/04/202123/04/2021
by Benjamin Filaferro

Abu Dhabi’s Culture and Tourism Department has announced a new Tourism Quality Standards and Licensing Framework. The ten quality manuals will apply to amusement parks, events, cultural sites, tourist transportation services, tourist accommodation and outdoor and adventure facilities and services. A trial phase of the frameworks is currently being rolled out and it will be fully implemented by the end of this year. The aim is to boost their sustainability, inclusivity and cultural richness.

Saudi Arabia: Penalties for Spreading Coronavirus Rumours Announced

22/04/202122/04/2021
by Benjamin Filaferro

Gulf News (United Arab Emirates), 20 April 2021: Saudi Arabia’s Interior Ministry has announced the penalties for those who spread rumours or false information about Coronavirus. Those found guilty will be fined one million Riyals and/or jailed for between one and five years. Repeat offenders could have the penalties doubled.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.