Bahrain Archives - Page 11 of 27 - LexisNexis Middle East

Bahrain: Private Sector Will Offer Small Vessel Inspections

27/03/202427/03/2024
by Tanya Jain

Gulf Daily News, 25 March 2024: The Ship Registration and Seafarers’ Director of Bahrain’s Transportation and Telecommunications Ministry, Mayas Al Agha has announced the private sector will offer small vessel inspections.

The sector will be responsible for inspecting small vessels weighing less than 150 tonnes.

They made the announcement during the latest Shoura Council meeting.

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News developments

Bahrain: Gulf Air on Brink of Being Privatised

26/03/202426/03/2024
by Tanya Jain

Bahrain Daily Tribune, 23 March 2024: Bahrain’s House of Representatives is going to consider a report from a Parliamentary Committee on Gulf Air’s future in its upcoming session.

The Committee has suggested privatisation is the best way for the company to return to profit.

The Committee is responsible for overseeing Gulf Air’s affairs and has been reviewing them since November 2023.

It launched its investigation after reports about the company’s financial stability. The national airline is struggling with growing financial issues.

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News developments

Bahrain: Decree Implementing Protection of Copyright and Neighbouring Rights Law Issued

27/02/202427/02/2024
by Tanya Jain

Gulf Daily News, 27 February 2024: A Decree issuing the Implementing Regulations to the Protection of Copyright and Neighbouring Rights Law has been issued.

Bahrain Royal Decree No. 18/2024 names the administrative body and minister responsible for implementing Bahrain Law No. 22/2006.

Under the Decree, the Information Ministry is the administrative authority responsible for implementing the Law.

The Information Minister will be the Minister with responsibility for implementing the Law.

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News developments

Lexis Middle East – Saudi Arabian Managing Partner Report 2024 Edition

19/02/202421/02/2024
by Tanya Jain

Introducing the Saudi Arabian Managing Partner Report 2024 edition, brought to by Lexis Middle East!

Welcome to the inaugural Managing Partners’ Report for Saudi law firms, brought to you by LexisNexis®. This report delves into the advances, AI, and automation shaping the legal landscape in Saudi Arabia. As the legal industry undergoes rapid transformation, it is crucial for managing partners to navigate these changes effectively to maintain a competitive edge.

Overview:

In this report, we have gathered insights from prominent managing partners representing leading law firms in Saudi Arabia. These individuals, renowned for their expertise and contributions to the legal field, provide valuable perspectives on various aspects of the legal profession in the Kingdom. From discussing the implications of technological advancements to exploring the role of AI and automation, each contribution offers unique insights into the evolving nature of legal practice.

Contents:

The report features contributions from distinguished managing partners, including Abdulaziz Bin Ali, Dr. Meshal Al Akeel, Dr. Bader Al Busaiyes, Basem AlMaghthawi, Ayman Al Sahayan, Dr. Fahd Alrefaei, Dr. Qaisar Hamed Metawea, Reema A Aref, Fahad M Barabaa, Joza AlRasheed, Khalid Nassar, Mohammed Alaqeel, Abdullah Khairan, and Fahad AlDehais AlMalki.

Each section of the report highlights the insights and perspectives of these esteemed managing partners, providing readers with a comprehensive understanding of the current trends, challenges, and opportunities in the Saudi legal market. From discussions on legal innovation and technology to insights into the regulatory landscape and strategic approaches to growth, this report aims to serve as a valuable resource for legal professionals seeking to navigate the complexities of the Saudi legal landscape.

We hope this report serves as a guiding compass for managing partners and legal practitioners alike, facilitating informed decision-making and fostering continued excellence in the Saudi legal sector.

For all the latest industry updates and developments, opt for a free HR Alert subscription!

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

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News developments

Lexis Middle East HR Alert – January 2024 Edition

29/01/202429/01/2024
by Tanya Jain

Introducing the January 2024 edition of Lexis Middle East – HR Alert!

Delve into our complimentary publication, Lexis Middle East – HR Alert, designed to provide you with a comprehensive source of insights and updates to keep you well-informed about the latest developments in the Labour and Employment landscape of the MENA region. We have meticulously curated the most recent HR updates and developments to ensure you remain empowered. This publication highlights significant cases and offers valuable insights into HR policies and laws within the region.

This edition offers a comprehensive overview of recent employment law developments in the Gulf region, focusing on the UAE, Kuwait, Qatar, and Oman. Featured topics include alternative approaches to end-of-service gratuity in the UAE, trends in remote work and immigration, updates on part-time employment in Kuwait, and key changes in the legal landscape, such as new UAE pensions laws. The publication also includes a case study on discrimination and victimisation, profiles a People Partner supporting career development, covers personnel movements, and examines the impact of Oman’s new Labour Law on parental leave rights. Overall, the magazine serves as a valuable resource for professionals staying abreast of the evolving employment law dynamics in the Gulf.

Stay up-to-date and enhance your HR knowledge with the latest release of Lexis Middle East – HR Alert.

This edition features a diverse range of content, including:

Feature: Rewarding Service

Authors; Shiraz Sethi and Ali Al Assaad of Dentons and, Chris Cain and Ben McLean of Equiom Group explore a voluntary alternative to the traditional end-of-service gratuity in the UAE, aiming to provide employers and employees with higher returns and increased flexibility.

Trend Setter – Remote Working

Vialto Partners‘ survey findings reveal a growing consideration for remote work and virtual assignments among employers in the Gulf, with insights provided by experts on the practical implications.

News Round-up: Covering Recent Key Developments – Region-Wide

Stay abreast of recent developments, including employment-related matters, highlighting notable changes in Kuwait’s approach to part-time working.

Immigration Focus: Recent GCC Immigration and Visa Changes

Stay updated! Examining key immigration developments, this segment focuses on dependant residency visas in Qatar, shedding light on the latest changes in the region.

What’s Changed? – UAE Freezones

Anir Chatterji of Vialto Partners discusses the consequences of suspending visa and residence permit transfer services within UAE freezones, particularly affecting employees seeking to change employers.

Law Changes: New and Proposed MENA Laws

Highlighting significant legal modifications across the MENA region, this section zooms in on a new UAE Pensions Law. Sabrina Saxena and Noor Jamaluddin of Al Tamimi & Co. provide insights into the radical changes it introduces.

Case Focus

A specific case, Miskofi v Milbart, in the Dubai International Financial Centre (DIFC) Small Claims Tribunal is examined, showcasing how discrimination and victimisation cases are handled, recommended by Ayesha Karim.

Enrich your understanding of the HR landscape and stay up-to-date with the latest trends, cases, and policies through the newest issue of Lexis Middle East – HR Alert.

For all the latest industry updates and developments, opt for a free HR Alert subscription!

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

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Moves and Changes

Providing a roundup of significant personnel movements and changes in roles across the Gulf region.

Policy Pointers: Parental Leave

Author Emma Higham from Clyde & Co, explores the implications of Oman Sultani Decree No. 53/2023, the new Labour Law, on parental leave rights and increased employer responsibilities in Oman.

HR Profile: Supporting Development

Delia Popescu, People Partner at Arup, shares insights into how her work in human resources supports and contributes to the career development of others.

News developments

Lexis Middle East Law Alert: January/ February 2024 Edition

24/01/202424/01/2024
by Tanya Jain

Welcome to the January – February 2024 issue of Lexis Middle East Law Alert, where we provide a comprehensive examination of the latest legal developments shaping the region. In this edition, we explore key changes in maritime law, tourism legislation, landmark legal cases, and various sectors, offering valuable insights from legal experts and practitioners.

Keep yourself informed about the most recent legal, financial, and fiscal advancements, as well as trending subjects in the MENA region.

FEATURE: NAVIGATING A SEA CHANGE

Discover the substantial changes set to unfold in the shipping and trade landscape in the UAE as we delve into the implications of the recently issued Maritime Code. Ince & Co Middle East experts Mohamed El Hawawy, Natalie Jensen, and Mahmoud El-Sayed guide us through the transformative impact expected in March 2024.

FEATURE: DIRECTION OF TRAVEL

Ahmed Al Barwani of Al Tamimi & Company sheds light on the recent legislative changes in Oman’s tourist law, offering a detailed exploration of the evolving landscape within the country’s tourism sector.

FEATURE: CASE FOCUS

Our case focus zooms in on the intriguing legal battle between AC Network Holding Limited & Others and Polymath Ekar SPV1 & Others. Delve into the details of the case and explore the jurisdiction, court, and recommendations by Faridah Sarah of Ingmiresy Limited.

PROFILE: FROM REGIONAL TO GLOBAL

Read about Bethan Onions, a Global Legal Operations Leader at Arup, as she shares insights
on switching to a global focus and navigating legal operations on a global scale.

DISPUTE RESOLUTION FOCUS – CREDITOR’S RIGHTS

Waleed Hamad of Al Aidarous explores practical strategies to safeguard creditor’s rights in the face of asset disposal challenges in our Dispute Resolution Focus.

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 Paul Taylor, Managing Partner at Eversheds Sutherland, discusses the common practice of using arbitration clauses in UAE construction contracts. Gain valuable insights into the pro-arbitration stance of UAE courts and the importance of clear and complete contractual dispute clauses.

LAW MONITOR

Explore the implications of a UAE Cabinet Decision on Real Beneficiary procedures in our Law Monitor section, offering a detailed analysis of the latest legal developments in the GCC.

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

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TAX AND FINANCE ROUND-UP

Get updated on the latest in tax and finance with our round-up, including a spotlight on DIFC Crypto Tokens. 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. Highlighting changes in the ADGM jurisdiction, we ensure you are up to speed on the latest legal landscape.

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News developments

Bahrain: Employers Will Have to Recruit More Disabled People

17/01/202417/01/2024
by Tanya Jain

Bahrain Daily Tribune, 15 January 2024: Bahrain’s Shoura Council has approved amendments to the 2006 People with Disabilities Care, Rehabilitation and Employment Law, requiring employers in the public and private sectors to recruit more disabled people.

Under the amendments, employers with 50 or more employees will have to double their recruitment quota for disabled people from 2% to 4%.

The Labour Minister should also issue a Decree specifying the nature of roles and responsibilities for disabled people.

The aim is to help employers establish a more diverse and inclusive workforce.

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Bahrain: Central Bank Launches Financial Market Infrastructures and Payment Oversight Framework

10/01/202410/01/2024
by Tanya Jain

Bahrain’s Central Bank has launched a Financial Market Infrastructures or FMIs and Payment Oversight Framework.

The Framework outlines the key roles, objectives, expectations, powers, standards, approach and tools of the oversight function.

It has been launched to respond to developments that have affected the financial sector.

It has also been launched to strengthen the legal basis of protecting settlement finality and netting arrangements.

In addition, it has been launched to identify FMIs that should be overseen by the Central Bank.

It was developed by the Bank’s FMIs and Payment Oversight division. The oversight function is defined by the Principles for Financial Market Infrastructures by the Committee on Payment and Settlement Systems. Its main aim is to ensure financial stability by mitigating and lowering systemic risk and presenting core principles for effective banking supervision.

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News developments

Lexis Middle East Gulf Tax – Winter 2023 Edition

11/12/202311/12/2023
by Tanya Jain

We are excited to introduce the newest edition of Lexis Middle East Gulf Tax. Our complimentary magazine provides valuable insights into the latest tax and financial developments throughout the region.

This issue covers a spectrum of critical topics reshaping the taxation landscape in the GCC region. It delves into the substantial impact of the OECD’s Subject to Tax Rules (STTR) on Gulf countries and examines the recent alterations in Saudi Arabia’s Real Estate Transaction Tax (RETT). The issue spotlights the new VAT reporting and documentary requirements affecting B2B local supplies of electronic devices in the UAE as of October 30, 2023.

FEATURE: CREATING A STTR

Anand Krishnan from KPMG Qatar delves into the implications of the OECD’s Subject to Tax Rules (STTR) within the GCC states. Exploring the impact of these rules on taxpayers in Gulf countries, this feature sheds light on how these regulations align with Pillar Two’s minimum income tax levels for multinational companies.

FEATURE: SHIFTING SANDS OF RETT

Deloitte Middle East experts, Michael Camburn, Manish Bansal, and Maliha Asghar, dissect the recent changes in Saudi Arabia’s Real Estate Transaction Tax (RETT). They discuss regulatory amendments, providing insights into key developments and potential future changes in this domain.

TAX NEWS ROUND-UP

Stay informed about the latest updates in tax treaties and regulations throughout the region.

WHAT’S CHANGED?

Focusing on the new VAT reporting and documentary requirements for B2B local supplies of electronic devices in the UAE effective from October 30, 2023.

PRACTICAL FOCUS: RELATED PARTIES AND CONNECTED PERSONS

Patryk Karczewski, Partner at Amereller offers practical insights into related parties and connected persons concerning taxation.

TAX PROFESSIONAL PROFILE:

Featuring John O’Leary, Group Head of Tax at Ghobash Group, discussing tax challenges within a diversified business strategy.

ANY QUESTIONS?

Mahmoud Abuwasel from Wasel & Wasel provides an analysis of the UAE Federal Supreme Court’s perspective on related company tax liabilities.

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News developments

Lexis Middle East Law Alert: Saudi Civil Transactions Law Supplement

06/12/202308/12/2023
by Tanya Jain

Presenting the latest edition of our complimentary law magazine, the Lexis Middle East – Law Alert! The “Saudi Civil Transactions Law Supplement” is a comprehensive guide tailored for legal professionals, providing a deep dive into critical aspects of civil transactions in Saudi Arabia. This supplement encompasses various legal facets, offering insights and analysis crucial for understanding and navigating the intricacies of the Saudi legal landscape.

The supplement comprises diverse sections, each addressing significant components of civil transactions law:

RISKY BUSINESS: Risk Allocation in Contracts

Explores the strategies involved in managing risk within legal frameworks in contractual agreements. Jawahir Al-Subaie from Z&Co. examines pivotal provisions of the new Civil Transactions Law, including their impact on contract formation, termination, limitations of liability, and more.

RIGHT APPROACH TO REAL ESTATE

Focuses on the legal aspects governing real estate transactions under the Civil Transactions Law. Sarah Gonem of Z&Co. provides insights into how this comprehensive legal framework will operate concerning property rights.

DEALING WITH DEBT AND DEBTORS

Discusses navigating debt-related transactions within legal parameters, particularly concerning guarantees and debt resale. Martin Creek of Z&Co. explains the anticipated changes in handling these aspects under the new Civil Transactions Law in Saudi Arabia.

IN HARM’S WAY: Tort Liability

Explores the principles and complexities surrounding tort liability, offering an understanding of civil wrongs and liabilities. Dr. Yazid Almasoud from Z&Co. explains the application of tort liability in Saudi Arabia under the new Civil Transactions Law.

IN-HOUSE PROFILE

Features Chief Legal Officer Ibrahim Bakhurji‘s insights into the National Infrastructure Fund’s role in developing infrastructure and financing solutions. This section provides valuable perspectives on legal strategies within this sector.

CONTRACT WATCH

Analyses settlement agreements, providing legal professionals with a detailed understanding of dispute resolution through contractual arrangements. Contributor Muneerah Alwahbi, Partner at Z&Co., sheds light on the elements involved in these agreements.

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