يتمتع نظام حماية البيانات الشخصية بنطاق واسع خارج الحدود الإقليمية وعقوبات كبيرة في حال عدم الامتثال، مع توقع بدء سريان النظام الكامل في سبتمبر.

بقلم بريان أ. ميناغ ولوسي تاكر

يُعد نظام حماية البيانات الشخصية (النظام) أول نظام شامل لحماية البيانات في المملكة العربية السعودية. من المتوقع أن تبدأ الهيئة السعودية للبيانات والذكاء الاصطناعي (الهيئة) في الإنفاذ الكامل للنظام اعتبارًا من 14 سبتمبر 2024، بعد انتهاء الفترة الانتقالية الحالية للامتثال. وأكدت الهيئة على أنها تتوقع من الكيانات اتخاذ تدابير لتحقيق الامتثال للنظام بحلول الموعد النهائي لشهر سبتمبر.

The PDPL has broad extraterritorial scope and substantial penalties for non-compliance, with full enforcement expected to start in September.

By Brian A. Meenagh and Lucy Tucker

The Personal Data Protection Law (PDPL) is the first comprehensive data protection law in Saudi Arabia. The Saudi Data and Artificial Intelligence Authority (SDAIA) is expected to start full enforcement of the PDPL from 14 September 2024, after the current compliance transition period ends. SDAIA emphasised that it expects entities to take measures to achieve compliance with the PDPL by the September deadline.  

The amended PDPL diverges from international privacy laws in several areas, including personal data transfers, penalties, and breach notification.

By Brian A. Meenagh and Lucy Tucker

An amended version of the Kingdom of Saudi Arabia’s Personal Data Protection Law (PDPL) was published in the Official Gazette of the Kingdom of Saudi Arabia on April 7, 2023. The amended PDPL contains the same wide extra-territorial scope as the original PDPL. It applies to any processing of personal data that takes place in the Kingdom, and applies to the processing of personal data of individuals located in the Kingdom by organizations outside of the Kingdom.

The amended PDPL contains concepts and requirements similar to those in international privacy laws, such as the GDPR, including concepts, such as personal data, controllers and processors, data processing principles, certain data subject rights, and the requirement to maintain a record of processing activities. However, the PDPL diverges from international privacy laws in several important areas, notably in relation to transfers of personal data outside of the Kingdom and penalties for non-compliance.

The Middle East’s rapidly advancing space sector has seen a slew of landmark achievements in the last few years.

By Alexander Hendry

In 2014, the UAE established the UAE Space Agency to oversee and grow its space sector, and it has since successfully completed numerous projects. In July 2020, it became the fifth country in the world to launch a probe to Mars, and in December 2022, the UAE-built Rashid Rover was launched on a path to the moon. Emirati astronaut Hazza Al Mansouri was the first person from the UAE in space, and Emirati astronaut Sultan Al Neyadi will soon embark on a six-month mission to the International Space Station. The Mohammed bin Rashid Space Centre has launched four satellites, and UAE-based satellite company Yahsat currently manages a fleet of five satellites and provides services in more than 150 countries. In 2022, the UAE established an US$817 million fund to support its space sector, including the development of a constellation of advanced radar imaging satellites.

The updates are part of SAMA’s efforts to promote an innovation-based financial technology ecosystem in the KSA.

By Salman Al-Sudairi, Brian A. Meenagh, and Homam Khoshaim

Last month, the Saudi Arabian Monetary Authority (SAMA) issued an update to the recently implemented Payment Services Provider Regulations (PSPR), which was introduced in January 2020 to regulate Payment Services Providers (PSPs) operating in the Kingdom of Saudi Arabia (KSA). The PSPR provides a clear path for PSPs to obtain SAMA-issued licenses to provide payment services in the KSA. Notably, the PSPR applies concepts implemented by the European Union’s Payment Services Directive (PSD2). This should remove some of the friction involved in international PSPs launching operations in the KSA by allowing them to apply the same business models and operating processes already applied in the jurisdictions in which they operate.

Sand dunes

The Middle East and North Africa (MENA) is home to 14 of the 33 most water scarce countries globally, with six times less water availability than the worldwide average and less than 2 percent of the world’s renewable water supply. The Gulf Cooperation Council (GCC) states – Bahrain, Kuwait, Qatar, United Arab Emirates, Saudi Arabia and Oman – all rank in the top 10 most water scarce countries. The water crisis in the region is exacerbated by exploding

Riyadh - Saudi Arabia_dreamstime_12711865

For the past few decades, the obligations of companies with losses reaching 50% or more of their share capital has been a topic of high debate in the Kingdom of Saudi Arabia. That is due to the uncertainty surrounding the application of Articles 148 and 180 of the current Companies Law (Current Companies Law), which regulate this matter in connection with joint stock companies (JSCs) and limited liability companies (LLCs), respectively. On 9 November 2015, however, a new Companies Law

Riyadh Building_dreamstime_12712018Saudi Arabia’s recently announced plans to privatise several key industries in the Kingdom has once again brought the Kingdom’s privatisation agenda back into the spotlight. The announcements form part of the countries transformational initiatives as part of The 2016-2020 National Transformation Plan (NTP) to improve public sector efficiency and boost non-oil revenues in the region, and will reportedly include airports, municipalities, hospitals and education.

Privatisation covers many types of transactions but typically includes the divestiture, whether by sale or lease,

Virtual Currency B - SingleOutsourcing has historically not been a major pillar in Middle East public and private sector organisation’s strategic architecture. While the benefits of outsourcing are understood and recognised, organisations have sought to engage with major outsourced service providers through managed service agreements and joint ventures. This approach has generally worked well. It has enabled local organisations to maintain control of their infrastructure, environments, people and third-party contracts and, in the case of joint ventures, provided organisations with the potential opportunity to

Mall financingThe continuing strong economic conditions of the UAE and other GCC economies has led to an upsurge in consumer spending in recent years. With retail sales in the region expected to reach US$284.5 billion by 2018, the need to meet the growing demand for consumer goods has led to a boom in planned shopping mall developments in the Middle East.

Dubai might be the world’s most visited retail destination thanks to The Dubai Mall, which attracted nearly