Welcome to the Saudi Arabia focus edition of Law Update.
One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.
This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.Read the edition
The (.sa) domain is a coveted one as it is arguably the definitive identifier in cyberspace as the domain of choice for entities connected to Saudi Arabia, who would want to own a (.sa) domain name in cultivating one’s cyber presence in reaching the lucrative Saudi Arabia market.
The Saudi Network Information Centre (“SaudiNIC”) has announced that the all important (.sa) domain name regime is now available for registration. This means that applicants wishing to own domain names using the (.sa) domain such as (www.yourcompany.sa) may now register their domain names in Saudi Arabia in two phases as follows:
This Sunrise Phase runs from January 10, 2011 to March 7, 2011. This period represents a priority period for existing Third Level (3LD) Domain Name Registrants who had registered their 3LD domain name before the Sunrise Phase.
Only qualified registrants (individual or entity) may apply during the Sunrise Phase to register a (.sa) Second Level (2LD) domain name with a label identical to that of their existing 3LD domain name provided that the 3LD domain name was registered before the Sunrise Phase and its registration application date was before the qualification date.
Where two applications from different qualified registrants are received for the same 2LD domain name during the Sunrise Phase then priority will be given first to governmental and semi-government organisations i.e. (gov.sa) and then priority will be based on the earliest registration date.
Following the Sunrise Phase, the Landrush Phase begins where applicants (individual or entity) can register (.sa) 2LD domain names on a strictly (first come, first served) basis.
The usual requirements of domain name registration apply i.e. the applicant can either be:
An owner of a trademark or trade name that is registered in Saudi Arabia.
Importantly, foreign trade mark owners should note that if they do not have a business presence or licensed to operate in Saudi Arabia, they must have a trade mark or trade name registration in Saudi Arabia.