Gil Feiler

The Middle East in the New Millennium:economic Development and Business Law Gil Feiler 1st edition

Although foreign investment in the Middle East is on the rise, and many of the region's countries are adjusting their economies to the free market policies promoted by international economic development and trade organizations, many business investors are still hesitant to contend with what they perceive as political risk, as well as with differences in language, culture and business practices. What is needed is a thorough guide to the evolving business law regimes in the region - a guide that would reveal not only the many attractive areas for investment that are not adequately known outside the region, but also the growing potential for regional integration and co-operation; in a word, a book that will dispel the uncertainties and misgivings that so often undermine the healthy development of sound business relationships. This book is an in-depth portrait of investment opportunity in the Middle East as it stands at the turn of the 21st century. For each of 16 countries, the author provides in-depth analysis of current economic, political, and business issues, with detailed attention to legislation in such vital areas as currency and banking, intellectual property rights, investment incentives, trade regulation, business form and structures, taxation and the laws applicable to labour and environmental issues, as well as a description of relevant judicial procedures. The result is a wealth of detailed information that gives the interested investor or counsel a clearly defined perspective on business trends, new developments and economic growth sectors in the region. This guide represents a clear indication of the prospects for crystallization of this rich and diverse region and the likely pace and aspect of economic liberalization. It should be useful to forward-looking investors, business people and international business lawyers.