Thursday 28 March 2024
 
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Legislation

New legislation in Bahrain set to boost SMEs

Bahrain is set to implement a set of legislations that will encourage more businesses to be set up with emphasis on small and medium scale enterprises (SMEs). Industry, Commerce and Tourism Minister Zayed Al Zayani revealed this during his spe

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Bahrain mulls new legislation on bankruptcy

Bahrain is considering new legislation on bankruptcy that would encourage responsible risk taking without a fear of failure, Industry, Commerce and Tourism Minister Zayed Al Zayani said yesterday (October 1). Addressing a business networking l

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Saudi labour legislation changes to boost Saudisation

Saudi Arabia’s Labour Ministry has made 38 amendments to the kingdom’s labour legislation recently including more training for Saudi workers, longer fixed-term contracts and greater inspection powers for ministry officials, according

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Gulf countries in plans to curb fuel smuggling

Bahrain and other Gulf countries are planning new legislation to curb fuel smuggling. Smuggling of fuel, including diesel, petrol and other products, is frequent across borders where different levels of fuel subsidies create price

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Can new legislation boost SME growth in the UAE?

The recent approval by Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, of Federal Law No 2 of 2014 for Small and Medium-sized Enterprises (SME) is viewed by many as a positive step towards stimulation of the SME sector in the UAE.

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Bahrain to draw up new anti-terror laws

Bahrain is considering introducing new legislation to combat terrorism following Monday’s bomb attack in Daih which killed three policemen. The cabinet is drawing up new laws, which will be referred to the National Assembly

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Tunisia may delay sukuk issue to next year

Tunisia's first issue of a sukuk (Islamic bond) is likely to be postponed to next year, adding to pressure on government finances, because of disruptions to legislative business, said a top government official. Finance Ministe

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Bahrain plans to regulate unsafe buildings

New legislation is being drawn up as part of a crackdown on unsafe living conditions in Bahrain, said a report citing the Kingdom's labour minister. It aims to close loopholes in existing laws, including banning building owner

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Outdoors expo to see new product launches

A number of high profile exhibitors involved in the creation, development and landscaping of outdoor space will launch their products and services at an upcoming outdoors design show in Dubai. The Outdoor Design Build & Supply

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Bahrain Shura rejects bid to end wages levy

Bahrain's Shura Council has rejected a proposal to end a one per cent deduction from the salaries of public and private sector workers, a report said. The deduction is part of the insurance against unemployment scheme, which w

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