Bahrain has taken significant steps towards globalization by allowing languages other than Arabic in litigation courts—the recent issuance of Resolution No. (28) of 2023 outlines the mechanism and scope of application for the use of non-Arabic languages before the courts and the Bahrain Chamber for Dispute Resolution (“BCDR”).
Continue readingBahrain Introduces the Platinum Residency Permit
His Royal Highness Prince Salman bin Hamad Al Khalifa has recently issued Resolution No. 47 of 2023 with respect to Granting the Entry Visa and Platinum Residency Permit in the Kingdom of Bahrain, aligning with the Kingdom’s efforts to enhance the commercial environment and attract foreign investment.
Continue readingAn Overview of the Reorganization and Bankruptcy Law
تماشياً مع التطورات الاقتصادية وسعياً لتعزيز البيئة الاستثمارية في مملكة البحرين، تم اصدار قانون إعادة التنظيم والافلاس الصادر بالقانون رقم (22) لسنة 2018 الذي سعى المشرع من خلاله الى إعادة تنظيم ديون الأشخاص والشركات المتعثرة لتجنب افلاسهم وخسارة اصولهم لقيمتها المادية ومساعدتهم لاستمرار أعمالهم.
Continue readingThe Rise of ChatGPT and the Legal Landscape
ChatGPT’s disruption to industries worldwide is evident, however, the legal implications remain indefinite and undefined. Although the term “artificial intelligence” was first coined in the 1950s, the relatively new AI chatbot, ChatGPT, was released in November 2022. Since then, various questions have arisen with respect to its legal implications. Judges, lawyers, and users alike are eager to enhance their understanding of new AI systems to apply present legislation to unprecedented issues.
Continue readingMarketing Foreign Funds in Bahrain
Bahrain is a regional hub for financial services and is home to a sophisticated investor community. The country has lucrative opportunities for foreign investment firms looking to market their collective investment undertakings (“CIUs”) in Bahrain. Regulating CIUs aligns with Bahrain’s 2030 Vision to persuade the marketing of local and overseas domiciled funds while guarding investors’ rights.
Continue readingUnderstanding Lease Laws in Bahrain
It is important for landlords and tenants to have a general awareness of their rights and obligations in relation to leases. This ensures the lessor follows the relevant laws, and the lessee is aware of their rights and protections provided under Bahrain law.
Continue readingBridging the Gap: The Professional Legal Practice Certificate (PLPC)
Certain occupational fields require continuous learning where accurate and effective application is vital for the intended outcomes.
Continue readingThe Central Bank of Bahrain Launches New Regulatory Framework for Digital Tokens
Digital tokens such as cryptocurrencies have gained increasing popularity worldwide and Bahrain’s financial market offers new investment opportunities.
Continue readingAn Overview of the LexisNexis Breakfast Seminar-The Personal Data Protection Framework in Bahrain
Last week, the Zu’bi & Partners legal team attended a breakfast seminar hosted by LexisNexis Middle East on Personal Data Protection in Bahrain.
Continue readingThe Heart of Innovation: Regulations of the Bahrain Fintech Ecosystem
The rapid changes that have taken place during the Covid-19 pandemic impelled regulators globally to keep up with technological advances, paving the way to enhancements in fintech ecosystems worldwide.
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