MP logo Meyer-Reumann & Partners
German Legal Expertise in the Middle East since 1981

Vol. XXII – Issue 4, Oct. 2018-Articles

Review of
Legal News of the Middle East
PDF Version

 
100 Percent Foreign Ownership in the UAE?

A few months ago, in May, it was announced that the UAE Cabinet has approved “steps that would allow for 100% foreign ownership of UAE based businesses”. This article takes a closer look at this announcement and aims to provide an outlook on what to expect.


Liability of a Limited Liability Company in Saudi Arabia

There are various options for foreign companies to establish a presence Kingdom of Saudi Arabia. The most natural choice is the establishment of a limited liability company. This article therefore takes a closer look on the transition phase from pre-foundation to post-establishment and what happens to liabilities incurred by the company during the foundation process.


Saudi Arabia, Your Next Holiday Destination?

Moving towards an economy that is less dependent on oil, Saudi Arabia announced in April 2016, its decision to develop the tourism and leisure sectors in the country. The decision is for developing local tourist sites in accordance with the highest international standards and facilitating the procedures for issuing visas to visitors. This in addition also to the development of the historical and heritage sites in the country. The announcement came as part of the Saudi Vision 2030’s plan to diversify the national economy.


New Data Protection Law in Bahrain

The new law of personal data protection was published on 19 July 2018, and will come into effect on 1 August 2019.

Share:
For free subscription send us your contact details to Lexarabiae@meyer-reumann.com