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Legal Updates - Page- 97

28 Jan 2019

Bahrain Electronic Transferable Law Global First

Bahrain Electronic Transferable Law Global First Introduction Bahrain is a highly diverse nation, not only through its history as an important trading hub in the region but also in its modern day economic structure and growth. While Bahrain does have a substantial oil and gas export industry, it is also…

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27 Jan 2019

Cryptocurrencies Declared as Illegal Tender in Singapore

Cryptocurrencies Declared as Illegal Tender in Singapore Introduction Cryptocurrencies are still relatively new in nature and have only genuinely arisen within the last few years. They were never expected to replace or come to the same level as ordinary paper and coin money within this period, though only time will…

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26 Jan 2019

Illegal Fires and Barbequing in Public

Oman Fines for Illegal Fires and Barbequing in Public   Introduction With beautiful weather and clear skies, many take their free days and try to make the best of it; this can often involve going out and visiting public spaces and parks, and performing activities such as barbequing and setting-up…

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24 Jan 2019

Sharjah Loud Vehicle Restriction and Confiscation

Sharjah Loud Vehicle Restriction and Confiscation Introduction Loud vehicles can often be a source of nuisance and trouble for many, especially when these occur in residential areas or other highly populated areas. The UAE is known for its luxury cars and vast wealth, and there are sometimes vehicles which produce…

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23 Jan 2019

Oman Foreign Residency Regulation Amendment

Oman Foreign Residency Regulation Amendment Introduction The basic premise in Oman until recently was that to obtain an ID card and residency, one would have to get a job and visa. This idea is very much prevalent among the GCC and Middle Eastern nations and generally also applies to the…

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22 Jan 2019

RBI-External Commercial Borrowing

RBI’s New Policy on External Commercial Borrowing(ECB) The Reserve Bank of India has come up with a regulation governing all types of lending and borrowing transactions between a resident in India and a non-resident Indian (NRI). The transaction can either be in Indian Rupees or foreign currency. The RBI notified…

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