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MENA Needs to Reform Insolvency Laws to Boost Efficiency

DUBAI — Legal and regulatory reforms have made it easier to start new businesses in the Middle East and North Africa region, but a robust framework of bankruptcy and liquidation laws is needed to further improve economic efficiencies and market resilience, especially in times of crises, said a research report based on the first-ever comparative survey of insolvency systems in 
the region.

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