Monday July 25 2016
News Source: Global Exchanges
Focus: Trading Rules
Type: General
It has been reported that the Government of Bahrain has approved a new amendment to the Commercial Companies Law that allow 100% ownership by foreign investors in various sectors.
The new law will allow 100 percent ownership in residency, food, administrative services, arts, entertainment and leisure, health and social work, information and communications, manufacturing, mining and quarrying, water supplying and professional, scientific, technical and real estate activities.
This information will be updated as soon as further details become available.