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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.
#SDAIA has released a draft of the Controls Governing Commercial, Professional, and Non-Profit Activities Related to Personal Data Protection on the Istitilaa portal for public feedback.
This document offers organizations involved in commercial, professional, or non-profit activities that handle personal data, clear guidelines, procedures, and requirements to ensure they comply with the Personal Data Protection Law and its Implementing Regulations. It serves as a comprehensive guide to help these organizations establish effective data protection measures, fostering growth and encouraging broader participation. Additionally, it supports compliance efforts, promotes best practices, and contributes to the development of the Kingdom’s data sector.
Specifically, the Controls cover the following:
1. Definitions and Scope
2. General Requirements
3. Specific Requirements for Activities
4. Suspension and Review
5. Entry into Force
Start Date: 23 April 2025
End Date: 20 May 2025
David Yates, Partner and Head of Digital & Data, and Christine El Khoury, Senior Counsel, Digital & Data, are available to provide further insights and guidance on this subject.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.