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Find out moreWe are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.
Read the full editionRa’ed Alhout
October 2014
This means Qatar retains its rank as second place among 132 developing countries in terms of online connectivity. We are seeing a spike in legitimate digital content services and solutions, not only from the incumbent companies, but also from innovative start-ups, both working through the internet. However with this increase in internet use comes increased cybercrime.
On 16 September 2014 the Qatari government promulgated a cybercrime prevention law (No.14 of 2014) in an effort to increase the tools for combating online and cyber crimes. The new law imposes many sanctions and several penalties for offences committed through the Internet, IT networks, computers and other related crimes. The legislation is aimed at safeguarding the country’s technological infrastructure and strengthening cyber security within Qatar. The law took immediate effect but it will be posted in the Official Gazette to comply with formalities.
During the drafting of the legislation there was considerable criticism surrounded it as many viewed some parts of the legislation as threatening freedom of speech and access to media.
The law contains the following provisions, amongst others:
As reported in a study conducted by the 2014 Global Economic Crime Survey by Price Waterhouse Cooper, cybercrimes are the second most common form of economic crime reported in the Middle East. As such businesses operating in the region are at high risk. Despite the concerns raised about the new Cybercrimes law when it was in the drafting stages, it is undeniable that Qatar along with the UAE has taken the lead in addressing the issues related to cybercrime and has implemented penalties and jail terms for those who contravene to the law.
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