TAGLegal Contributes to World Bank's "Doing Business 2012: Doing Business in a More Transparent World"

13 Nov 2011 AMMAN----November 13, 2011----“Doing Business 2012:Doing Business in a More Transparent World ” is the latest report issued by the World Bank for 2012, marking the ninth report that tackles the world’s regulatory and legislative business environment.

The World Bank has focused on this report at its regulatory reform measures that show the influence of the economic performance and growth on the countries of the Middle East and South Africa.

Doing Business Report 2012 covers the regulations that affect the national firms in 183 economies and ranks the economies in 10 areas of business regulations. The main target was to monitor the governmental regulations in a way that serves the legislative entities and environments efficiently.

In the 2012 report, the contribution of Talal Abu-Ghazaleh Legal (TAGLegal) appears through the conducted surveys and researches which provide solid ground for successful business base. The World Bank recognizes how major and considerable the role of TAGLegal is in developing such report.

Morocco had the highest percentage of improving its business compared to other global and regional economies, climbing 21 places to 94, by implementing 15 business regulatory reforms presented by simplifying the construction permitting process and easing the administrative burden of tax compliance.

The report shows that six of 18 business regulatory measured reforms made it easier to start a business, such as Jordan, by reducing the minimum capital required to start a company, and Oman’s new one-stop shop for entrepreneurs cut business registration time from seven days to three .While Saudi Arabia remained the regional leader by being among the top 20 countries for allowing and easing the doing business process of firms.

Therefore, the remarkable contribution of Talal Abu-Ghazaleh Legal in developing this annual report, for the third time in a row, through their outstanding services has been adopted and posted on the website of the report,www.doingbusiness.org, not to mention the thanking letters sent to TAGLegal and AGIP offices represented by : TAGLegal Bahrain, TAGLegal Egypt, TAGLegal Iraq, TAGLegal Jabal Ali, TAGLegal Jeddah, TAGLegal Jordan, TAGLegal KSA, TAGLegal Lebanon, TAGLegal Oman, TAGLegal Syria, TAGLegal Turkey, TAGLegal Dubai, AGIP Morocco and AGIP Sudan.

About Talal Abu-Ghazaleh Legal

Talal Abu-Ghazaleh Legal, www.taglegal.com, is a member of Talal Abu-Ghazaleh Organization, providing specialized legal services and advice in various aspects of corporate and business activities, in addition to its leading role in the field of intellectual property as one of the largest law firms specialized in the Arab region and has offices in all Arab countries and some countries in the Middle East, as well as representative offices in most countries of the world.

About the World Bank Group
The World Bank Group, “www.worldbank.org“ which includes the International Finance Corporation, is an international body aiming at the provision of funding and technical assistance to developing countries. The report on Doing Business, www.doingbusiness.org, is issued by the International Finance Corporation and the World Bank.