News developments Archives - Page 65 of 223

Bahrain: Proposed Healthcare Law Changes

19/04/202419/04/2024
by Tanya Jain

The Daily Tribune, 16 April 2024: The Bahrain’s Shura Council’s Services Committee has discussed a proposal to amend certain provisions of Bahrain Decree-Law No. 21/2015 on private health institutions.

The proposed legislation aims to safeguard the rights of Bahraini doctors to establish private clinics, medical centres, medical complexes, alternative medicine centres or other healthcare facilities. The legislation will also allow them to practice in conjunction with other areas by supporting other medical professional.

Previously, specialist medical institutions could only be established by Bahraini doctors who were licensed to practice medicine or dentistry within Bahrain, with exceptions for rare medical specialties. However, licenses to establish hospitals are now granted to individuals, companies, or foreign medical institutions.

In the proposed law, individuals aiming to establish a health institution, along with their partners, must have a clean criminal record but exceptions are made for those who have undergone rehabilitation or received a pardon from relevant authorities. In addition, the proposal will allow heirs of the licensee to continue operating the institution, provided it is managed by a Bahraini general physician or consultant in line with the facility’s license. These designated professionals would assume responsibility for all technical and administrative aspects of the institution. Heirs are also allowed to retain the institution’s name if it bears the name of the deceased founder.

The proposed law also grants authority to the National Authority for Regulating Health Professions and Services to implement a national accreditation program for health institutions.

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Lexis Middle East Law Alert: January/ February 2024 Edition

15/04/202415/04/2024
by Tanya Jain

Welcome to the March – April 2024 issue of Lexis Middle East Law Alert, where we shed light on the legal dynamics of the region through thorough analysis and expert perspectives. In this issue, we embark on a journey through the ever-changing landscape of law, uncovering significant developments, landmark cases, and emerging trends that shape the legal framework of the Middle East.

From the complexities of privatisation in Saudi Arabia to the evolving regulations in advertising across Kuwait, our features offer valuable insights into key sectors and legal domains. We delve into case studies, scrutinise legislative updates, and offer practical guidance from esteemed legal experts, equipping our readers with the knowledge to navigate the intricacies of today’s legal landscape.

FEATURE: THE PATH TO PRIVATISATION

Madawi Mohammed Alfawzan of Mohammed Alaqeel & Co Law Firm sheds light on the recently issued implementing regulations and guidelines of the Saudi Arabian Privatisation Law. Explore how these regulations are paving the way for a smoother journey towards privatisation.

FEATURE: FOCUS ON ADVERTISING

Noura Al-Yaqout of Al Yaqout and Al Fouzan Legal Group examines the impact of new advertising regulations in Kuwait. Discover the key changes and their implications for businesses in promoting their products.

FEATURE: CASE FOCUS

Delve into a case involving a letter of intent, unraveling the legal intricacies surrounding this crucial aspect of business agreements.

IN-HOUSE PROFILE

Meet Robin Singh, Head of Regulatory Affairs and Privacy at Abu Dhabi Health Services Company (SEHA), as he navigates uncharted waters in healthcare amidst advancing technology.

DISPUTE RESOLUTION FOCUS

Contractual Termination: Sadique Mohd and Gago Rigga of Al Aidarous provide insights into contract termination in construction contracts.
Arbitration Focus: Sadique Mohd and Safia Abdalla of Al Aidarous explore the pitfalls of construction arbitration.
ADGM Expansion: Waleed Hamad and Myriam Simon of Al Aidarous analyse the legal implications of the ADGM Court’s Jurisdictional expansion and coverage of Al Reem Island.

MOVERS AND SHAKERS

Check out our latest round-up of the top movers and shakers from the world of legal appointments and promotions, brought to you by Jameson Legal. Who is been promoted, who is been appointed, and who is moving on?

CONTRACT WATCH: ARBITRATION CLAUSES

Contributor Aiman A Khair, Legal Counsel at Qatar Stock Exchange, offers insights into derivative contracts in our Contract Watch segment.

Thanks to Jameson Legal for supporting individuals and businesses, and Al Aidarous for keeping us updated on dispute resolution cases.

Lexis Middle East Law Alert_March April 2024

Explore the past editions of the Lexis® Middle East Law Alert and stay up-to-date with the latest news! Click the links below for instant access to older editions.

Lexis Middle East Law Alert January-February 2023

Lexis Middle East Law Alert March-April 2023

Lexis Middle East Law Alert_May June 2023

Lexis Middle East Law Alert_July August 2023

Lexis Middle East Law Alert_January-February 2024

TAX AND FINANCE ROUND-UP

Get updated on the taxation of foreign banks in Dubai and other key developments in the region’s tax and finance landscape. We provide an in-depth analysis of the significant developments influencing the financial landscape in the Middle East.

LEGAL ROUND-UP

Stay informed with our legal round-up, providing a comprehensive overview of recent developments across the region. Stay informed with our comprehensive legal round-up, covering significant developments such as the DIFC Digital Assets Law.

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Saudi Arabia: Customs Duty Exemptions Expanded

04/04/202404/04/2024
by Tanya Jain

Saudi Gazette, 1 April 2024: An expansion of customs duty exemptions for various industrial products and materials has come into force.

The exemptions came into force on 1 April 2024 following the issuing of a Decision by the Industry and Mineral Resources Ministry last month.

These industrial products and materials include raw materials, semi-finished materials, finished materials, packaging materials, machinery, equipment and spare parts, which are directly required for industrial production operations without any restriction.

The Ministry also clarified that the customs duty exemptions also apply to fully manufactured products as well as materials and items essential for production processes.

The Ministry added that certain items manufactured domestically, either as final products or imported as necessary materials, supported by valid justifications for customs duty exemptions, could be considered for inclusion on the list of domestic industrial capacities.

These exemptions will benefit all industrial entities that have a valid industrial licence from the Ministry.

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Qatar: Real Estate Company Services Fees

04/04/202404/04/2024
by Tanya Jain

Qatar Tribune, 3 April 2024: Qatar’s Real Estate Regulatory Authority has announced the Authority is going to review the fees for services provided by real estate companies.

The review is aimed at ensuring transparency and protecting the rights and interests of all parties.

It is also aimed at discussing the possibility of reducing these fees for citizens and investors.

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Kuwait: Healthcare Professional Licence Requirements

04/04/202404/04/2024
by Tanya Jain

Arab Times, 31 March 2024: Kuwait’s Health Ministry has issued a Ministerial Decision outlining the general conditions and regulations for licensing healthcare professionals in the public and private sectors.

Under Kuwait Ministerial Decision No. 71/2024, resident doctors and registered assistants are banned from practicing in the private sector unless they work in licensed training establishments, which are supervised.

Health professionals seeking promotion to higher technical levels in the private sector must obtain 100 educational units of continuing medical education approved by the Kuwait Institute for Medical Specialties.

Individuals over 65 must take part in medical examinations specified by the Ministry to ensure they meet the fitness conditions required before being granted or renewing licences.

These medical examinations must be repeated every two years.

Titles and years of experience required for healthcare professionals in the public sector apply to the private sector, provided the experience is in the same specialty.

General practitioners can work in private clinics, health dispensaries and hospitals, but they must start in accident departments, outpatient clinics or hospital wards under supervision. They cannot perform specialist surgery.

Dentists at general practitioner level can work in private clinics, dental centres and hospitals but must begin at dental departments in outpatient and accident clinics. They cannot work in operating rooms.

The regulations have been issued to ensure the quality and standardisation of medical care provided in both the public and private healthcare sectors in the country.

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Dubai: New Rent Revaluation Rules

04/04/202404/04/2024
by Tanya Jain

Gulf News (United Arab Emirates), 3 April 2024: Dubai’s Real Estate Regulatory Authority or RERA has announced new rent revaluation rules came into force on 1 April 2024.

While landlords can still apply to RERA for a rent revaluation if they believe they are entitled to a higher rent than the one suggested by the updated Rental Index, they must attach a legal order or judgment.

The Index was updated on 1 March 2024 and became the single source for calculating rental increases.

Landlords will have to go through the Rental Dispute Centre or RDC and apply for a case to obtain the legal order.

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Bahrain: Industrial Zones Tender

04/04/202404/04/2024
by Tanya Jain

Gulf Daily News, 27 March 2024: Bahrain’s Industry and Commerce Ministry has announced investment opportunities in industrial zones in the Kingdom.

The initiative has been launched with the Tender Board.

It aims to develop essential facilities through public-private partnerships. This includes workers’ housing, a petrol station and service and commercial support areas.

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Abu Dhabi: Working Group for Startups and SMEs Established

04/04/202404/04/2024
by Tanya Jain

Gulf News (United Arab Emirates), 28 March 2024: Abu Dhabi’s Chamber of Commerce and Industry or ADCCI has announced a working group for startups and SMEs has been established.

It will report to the Chamber and will be responsible for representing the interests of startups and SMEs registered in the Emirate.

It will also be responsible for empowering businesses and helping them support the Emirate’s economic development.

It will partner with government agencies and the private sector to solve the challenges faced by these entities as well as foster innovation and drive economic diversification.

This will support sustained growth and development.

It will closely monitor the needs and requirements of these entities too.

It will be responsible for developing plans and proposing policies to attract representatives from these entities to enter promising sectors, particularly modern technology sectors too.

It will be responsible for spearheading various programmes, initiatives and activities designed to equip these entities with the necessary guidance and skills as well as coordinating with various parties to provide a platform to improve cooperation and the exchange of experiences, ideas and opportunities that support their growth.

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UAE: Investor Rule Change

04/04/202404/04/2024
by Tanya Jain

Gulf News (United Arab Emirates), 2 April 2024: The UAE’s Securities and Commodities Authority has approved a rule change which will mean UAE-based individual investors cannot directly subscribe to foreign funds through their bank accounts in the country.

The rule change came into force on 1 April 2024. It is believed the rule change only applies to subscriptions made after 1 April.

According to industry sources, all existing investment commitments can continue.

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Oman: Consultation on New Bonds and Sukuk Regulation

03/04/202404/04/2024
by Tanya Jain

Oman Daily Observer, 1 April 2024: Oman’s Financial Services Authority has announced it has issued a public consultation on a new Bonds and Sukuk Regulation.

If approved, it will regulate the long-term debt market in the Sultanate.

It will offer flexibility in structuring diversified financing products such as Green and Sustainable Bonds and Sukuk and Waqf Sukuk. It will also provide for special types of bonds and Sukuk customised to the financing needs of an investor and an issuer of a security.

These green products will improve green and sustainable financing in line with green and sustainable financing requirements approved by the Authority’s Board of Directors.

It also includes a chapter on disclosure rules, specifically disclosures related to green and sustainable bonds and sukuk. An issuer will have to implement the rules and terms and conditions of these disclosures to improve the integrity of the capital market and encourage conventional investors and those interested in sustainability issues to invest in these securities.
Along with the issuing of the Commercial Companies Law (Oman Sultani Decree No. 18/2019) and the Securities Law (Oman Sultani Decree No. 46/2022), the Bonds and Sukuk Regulation has been proposed to bring the national market into line with the latest global practices and standards.
It will enable debt instruments to be designed to be one of the main financing options to provide an appropriate investment environment and allow additional alternative instruments for local and foreign investors.

It has been proposed in line with three strategic objectives. The first is related to providing resilient and innovative financial instruments. The second is related to issuing flexible legislation and the third is the sustainable usage and investment of resources and natural wealth.

The Regulation has been proposed to encourage innovative and diversified financing products in line with the nature of financing needs of projects.

The Regulation will also allow conventional bonds and Sukuk to be issued.

The Regulation will incentivise Waqf Sukuk to help the development of the Waqf sector, specifically in terms of activating monetary Waqf and development of Waqf institutions, be they civil or charity institutions too.

The aim is to expand the base of subscribers and participants in Waqf activity.

Bonds and Sukuk can be issued in Oman in any convertible currency and the Authority will accept prospectuses in English for private placement.

The Regulations also contain provisions on special purpose companies, financial trusts, Sharia compliance, agents of beneficiaries or issuers, and general meetings.

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