Gulf’s legal structures get a substantial overhaul | GulfNews.com:
"Moving into 2015, the Middle East can expect to see a number of trends and drivers continuing to put pressure on the region’s political and socioeconomic infrastructures, which without doubt will have an impact on business and the legislative frameworks that surround it.
The fall in oil prices and the emergence of DAESH will continue to dominate headlines and, inevitably, impact business. Commercially, 2014 ended as an uncomfortable year for several Middle Eastern countries which look set to lose the exceptional margins they were able to make on high oil prices over recent years as a factor of economic uncertainty and readjustment.
But infrastructure projects will forge ahead and hope exists that the psychological concerns that result will force governments to step up their efforts to diversify their economies beyond oil."
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