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Find out moreWelcome to this edition of Law Update, where we focus on the ever-evolving landscape of financial services regulation across the region. As the financial markets in the region continue to grow and diversify, this issue provides timely insights into the key regulatory developments shaping banking, investment, insolvency, and emerging technologies.
2025 is set to be a game-changer for the MENA region, with legal and regulatory shifts from 2024 continuing to reshape its economic landscape. Saudi Arabia, the UAE, Egypt, Iraq, Qatar, and Bahrain are all implementing groundbreaking reforms in sustainable financing, investment laws, labor regulations, and dispute resolution. As the region positions itself for deeper global integration, businesses must adapt to a rapidly evolving legal environment.
Our Eyes on 2025 publication provides essential insights and practical guidance on the key legal updates shaping the year ahead—equipping you with the knowledge to stay ahead in this dynamic market.
Jordan has recently announced a significant development in data protection legislation. The new Data Protection Law, No. 24 of 2023 (the “Data Protection Law”), represents a crucial step forward in safeguarding user data and information. This law, in parallel to the European Union’s General Data Protection Regulation (“GDPR“), introduces important principles of data transparency, accuracy, storage limitation, and data minimization, although not as comprehensively inclusive.
As the leading law firm in the Middle East & North Africa Region, we are committed to helping clients navigate the Data Protection Law and ensure their compliance with its provisions. We have a team of experts who can advise you on the best practices and strategies for data collection, processing, transfer, and security, and assist you with any legal issues or disputes that may arise from the implementation of the law. If you have any question, please reach out to our key contacts David Yates or Thamer Shomar.
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