Doing Business in Bahrain 2022 Legal System 1.1 Legal System Bahrain operates a civil law legal system which mostly derives from codified laws and provisions. The legal system in Bahrain respects the judgments issued by higher courts; however, there is…
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International Financial Law Review (IFLR) M&A Report 2021 – Bahrain
The trend of consolidation continues to dominate the business scene in Bahrain’s financial industry. This has been led by the completion of the public takeover offers of Bahrain Islamic Bank by the National Bank of Bahrain and further announcements relating to…
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COVID-19: Bahrain Update
The COVID-19 pandemic has affected most, if not all, communities/businesses around the world in one way or another. While the health implications are rightfully in the forefront, the focus of this email are on the challenges facing businesses in maintaining continuity…
...The Central Bank of Bahrain has issued a new regulation on the enforceability of netting agreements
Regulation No. 44 of 2014 (the “Regulation”) The Central Bank of Bahrain (“CBB”) has recently issued Regulation No. 44 of 2014 (the “Regulation”) concerning close-out netting under Market Contracts. The Regulation came into effect in the second half of December 2014…
...ASAR closes Local Share Transfer Formalities as Legal Advisor to Fortune 1000 Company
ASAR – Al Ruwayeh & Partners (ASAR), recently assisted with undertaking a due diligence of Harsco’s joint venture Bahraini company involved in the infrastructure industry. Last year, Harsco Corporation (NYSE: HSC) (“Harsco”) and Clayton, Dubilier & Rice (“CD&R”) completed the sale…
...ASAR joins Norton Rose Fulbright on panel to discuss current and upcoming Cybercrime Laws in Bahrain
Laws on cyber crime in Bahrain ASAR, one of Bahrain’s leading corporate law firms, and one of the region’s top tier firms, along with Norton Rose Fulbright , recently addressed the existing and potentially forthcoming laws on cyber crime in Bahrain…
...ASAR addresses ‘Current Trends in Labour and Immigration Law ‘
ASAR – Al Ruwayeh & Partners (ASAR), Bahrain’s leading corporate law firm, and one of the region’s top tier firms recently partnered with renowned Institute for International Research to induct a group of prominent Bahraini companies on the ‘Current Trends in…
...Steven Brown appointed as Managing Attorney in Bahrain
ASAR is pleased to announce that Steven Brown has been appointed to manage the Firm’s office in Bahrain. Steven has an intimate knowledge of Bahrain law and the Bahrain legal environment, has extensive practical experience and is ideally suited to lead and to continue the growth…
...ASAR – Al Ruwayeh & Partners provides professional insight on labor law regulations
Manama, Bahrain – 22nd May, 2013: ASAR – Al Ruwayeh & Partners (ASAR), one of Bahrain’s leading and most prominent corporate law firms, and one of the region’s top tier firms participated in a regional seminar held at the JW Marriott…
...ASAR receives the Best M&A Deal Award
ASAR is pleased to announce its receipt of the Best M&A Deal of the Year 2009 award for its assistance to Unicorn Investment Bank in its acquisition of the money exchange operations of Bahrain Financing Company B.S.C.(c). The Bahrain office of…
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