GCC nations have attempted to modernise and standardise their legal frameworks in the past 30 years to encourage foreign investment in this rapidly growing region.
But how much investment can be expected when foreigners can’t own their businesses outright and business debts are secured by a cheque?
The nations that constitute the Gulf Co-operation Council (GCC) - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) - have deep-rooted and complex legal traditions.
No comments:
Post a Comment