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Legal Updates - Page- 110

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11 Aug 2018

Health Insurance Law - Oman

Health Insurance Law - Oman The Omani authorities have recently released that private sector companies will shortly be liable for providing health insurance to their employees. This statement was by Oman's Capital Market Authority (CMA). According to the authority, there is no prescribed date for the implementation of this new…

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09 Aug 2018

Bahrain Legal Update Relating to the Amending of Law Number 21 of 1989

Bahrain Legal Update Relating to the Amending of Law Number 21 of 1989   Overview Within Bahrain, culture is of the utmost importance; this includes the countries associations, social and cultural entities. They allow for the growth of the individuals within the country and help to strengthen its identity while…

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07 Aug 2018

New E-Commerce Regulations Issued in Sharjah

New E-Commerce Regulations Issued in Sharjah   Overview E-commerce is an ever-growing area in the world today. Everything was at one point not too long ago, exclusively bought by people through physically going to a store and purchasing a physical good. However, the practice of buying products has now moved…

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19 Jul 2018

Updated Bahrain Bankruptcy Law

Updated Bahrain Bankruptcy Law The new law on bankruptcy in Bahrain intends to updates rules that regulate insolvency proceedings and that strengthen the country’s business community. Some of the changes involve the development of a system concerning which the rehabilitation of institutions or individuals that file for bankruptcy can take…

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17 Jul 2018

Saudi Arabia’s Shoura Council has agreed to amend the Anti-Bribery Law

Saudi Arabia’s Shoura Council has agreed to amend the Anti-Bribery Law The aim of the amendments is at protecting public utilities from corruption by all means as well as the achievement of sound procedures in combating and investigating bribery cases and putting suspects on trial. The amendments are also aimed…

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16 Jul 2018

Kuwait: Amendments to the Companies Law Relating to the Protection for Minority Shareholders

Kuwait: Amendments to the Companies Law Relating to the Protection for Minority Shareholders These amendments came about by approval by Kuwait's National Assembly and amend the law relating to protection for minority shareholders. Such modifications reduce the minimum percentage of shareholders to request a general assembly requirement from 25% to…

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