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Kuwait News developments

Kuwait: Mergers and Acquisitions Provisions Amended

  • 07/06/202307/06/2023
  • by Tanya Jain

Alqabas, 4 June 2023: Kuwait’s Capital Market Authority has released Decision No. 80/2023, on the amendment of some of the provisions of the executive regulations of Kuwait Law No. 7/2017 on the establishment of the Capital Market Authority and the regulation of securities activities, including subsequent amendments.

The revised provisions specifically focus on Chapter 9, which addresses Mergers and Acquisitions. As per the amendments, the inclusion of future plans as a mandatory item within the documentation concerning the company being acquired has been introduced.

Additionally, the amendments outline specific scenarios in which an exemption from the obligation to submit a mandatory acquisition offer is applicable.

For the full story, click here.


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LexisNexis | How ChatGPT and AI are Disrupting the Business of HR | Article News developments

How ChatGPT and AI are Disrupting the Business of HR?

  • 02/06/202305/06/2023
  • by Tanya Jain

AI is now an integral part of our everyday lives, and it is transforming the way we do business. The use of AI in Human Resources (HR) is one area that is experiencing significant growth, and ChatGPT and other similar AI products as well as new AI driven recruitment agency marketplaces are leading the way.

 

 
Analysis

ChatGPT is an AI-based language model that can generate human-like responses to text prompts. It can be used in a variety of ways, including customer service, marketing, and HR. In HR, ChatGPT can be used to streamline various tasks, including recruitment, employee onboarding, and training.

Applications

Recruitment is one of the most critical HR functions, and ChatGPT can be used to make the process more efficient. It can help HR departments via:

  • creating professional job descriptions based on a set of criteria and company templates

  • comparing CVs to job descriptions and providing a percentage match between the candidate CV and the job description,

  • respond to simple candidates’ queries about the onboarding process,

  • and more.

At the next step, employee onboarding, ChatGPT can help new hires get up to speed quickly by providing them with access to training materials and answering any questions they may have. To answer organization specific questions, AI-based language models need to be trained on the organization specific data as, out of the box, non-public company information will not be included in the AI model’s training data.

In Saudi Arabia and the GCC, the above applications are being explored carefully. For example, companies typically have no issue using ChatGPT to create job descriptions as this information typically does not have any privacy concerns associated with it when used with ChatGPT, it will be made publicly available when the position goes live. However, submitting a candidate’s CV to ChatGPT for comparison with job descriptions is a concern as it contains a person’s private information.

Although companies are in the early stages of reviewing ChatGPT applications, across Saudi Arabia and the GCC, organizations have already begun exploring other non-ChatGPT usages of AI such as carrying out sourcing through recruitment agency marketplaces which leverage artificial intelligence to match job requirements with an agency’s specialization to find the best candidates. These applications are a simple entry point for many GCC companies to begin using AI.

Intellectual Property Concerns

When using ChatGPT, it is essential to consider intellectual property (IP) considerations. If the AI system is being used to generate original content, such as training materials, it is essential to ensure that the organization has the proper rights (as described below) to use that content and also that the organization is aware that any data submitted to ChatGPT in this process can be included in its training data, which has led to data breaches at some large enterprises.

In terms of the generated content such as training materials, the legal rights to use ChatGPT’s content fall under the OpenAI API Terms of Service. According to these terms, users are granted a limited, non-exclusive, non-transferable, non-sublicensable license to access and use the API and any content generated by the API solely for their internal business purposes.

In Saudi Arabia, organizations can further protect their IP by registering their copyrights and trademarks with the Saudi Arabian Ministry of Commerce and Investment, however, care needs to be taken especially with AI generated content. As IP can be generated so quickly with tools like ChatGPT, and countries like Saudi Arabia follow a first-to-file IP system, this means organizations need to register IP first to have legal rights over that intellectual property. Therefore, it’s important for organizations to register their IP as early as possible to avoid potential conflicts and legal challenges in the future, especially inventions core to their business.

In the last months we have seen the attempts by individuals to register inventions by AI as owned by the AI system itself. For example, a computer scientist Stephen Thaler created an AI system called DABUS to create new inventions (e.g. beverage holder and emergency light beacon) and then applied for patents on these inventions under DABUS’ name. This has led to patent rejections in a number of countries such as:

  • Australia

  • UK (still under appeal at the time of writing)

  • New Zealand

  • USA (rejected by US Supreme Court on 24th of April)

In Saudi Arabia, however, a decision has not been made as to whether the AI system DABUS can be the inventor. Hence, caution needs to be taken when dealing with AI generated intellectual property.

Ownership and Liabilities

Regarding authorship of materials produced using ChatGPT in Saudi Arabia, the answer will depend on the specific circumstances. Most organizations in Saudi Arabia have moral and legal rights to all works created by an employee as part of their employment. If this is not the case, then in some cases, the employee who inputs the prompts may be considered the author.

For example, if an employee of a company uses ChatGPT to generate content for a personal project, they may be considered the author of the resulting work, and they would have the copyright ownership of that content. However, if the employee is using ChatGPT to generate content as part of their job responsibilities or if the content is created using company resources, the organization may be considered the author of the work and own the copyright to the resulting content.

If inaccuracies are present in the material produced by ChatGPT or similar AI products in Saudi Arabia, the potential liability will depend on who is responsible for the inaccuracies. If the inaccuracies are a result of the AI system itself, the liability may lie with the organization that developed the system. However, if the inaccuracies are a result of employee input, the liability may lie with the employee who entered the incorrect information. This also is an area of flux.

The New Future

ChatGPT and similar AI products are revolutionizing the way HR departments operate in Saudi Arabia and the GCC. However, it is essential to consider IP considerations and ownership of content when using these systems. Additionally, organizations must have clear guidelines in place regarding liability for inaccuracies to avoid any legal issues and ensure they protect their data during the usage and training of such systems.

Written by Dr Evan Shellshear.

Dr Evan Shellshear is the Managing Director and Group CEO of Ubidy

Dr Evan Shellshear is the Managing Director and Group CEO of Ubidy, an innovative global recruitment marketplace connecting employers to specialist agencies, and an expert in artificial intelligence with a Ph.D. in Game Theory from the Nobel Prize winning University of Bielefeld in Germany. He has almost two decades of international experience in the development and design of AI tools for a variety of industries having worked with the world’s top companies on all aspects of advanced analytical solutions from optimisation to machine learning in applications from HR to oil and gas, and robotics to supply chain. He is also the author of the Amazon best seller, Innovation Tools.

United Arab Emirates News developments

UAE: Service for Electronic Renewal of Identity and Passports Introduced

  • 01/06/202301/06/2023
  • by Tanya Jain

Emaratalyoum, 27 May 2023: The Federal Authority for Identity, Citizenship, Customs and Border Security has introduced a new service which allows individuals to apply for the renewal of their identity and passports while residing abroad.

To ensure the applicant’s identity is verified, they are required to personally submit the renewal requests through the authority’s smart application.

This measure guarantees the concerned party is directly involved in the process.

This service is particularly beneficial for individuals residing outside the country who need to renew their identity documents.

It addresses the issue faced by those whose previous renewal requests were rejected due to their inability to submit the request in person.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Saudi Arabia News developments

Saudi Arabia: Shura Examines Feasibility of Establishing Commodities Exchange Market

  • 01/06/202301/06/2023
  • by Tanya Jain

Argaam, 29 May 2023: Saudi Arabia’s Shura Council has requested the Capital Market Authority to assess the viability of creating a commodities exchange market in the country.

This decision was made after taking into account the input from the Financial and Economic Committee and the feedback from council members on the annual report of the Financial Market Authority.

Additionally, the Council has instructed the authority to evaluate the effectiveness of awareness programs pertaining to corporate governance and to examine the reasons behind the rise in reports against listed companies.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

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Qatar News developments

Qatar: Simplified Tax Return Controls Explained

  • 01/06/202301/06/2023
  • by Tanya Jain

Alsharq, 29 May 2023: The General Tax Authority has announced individuals who are taxpayers and own tax-exempt companies under the ownership of Qatari nationals or nationals of Gulf Cooperation Council member states can personally submit a simplified tax return.

The authority has clarified the taxpayer must be present in Qatar, and the company’s capital should be below 1 million riyals.

Additionally, the company’s revenues must be less than five million riyals.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Finalises launch of National Qualifications Framework on May 31

  • 01/06/202301/06/2023
  • by Tanya Jain

Muscat Daily, 24 May 2023: The Oman Authority for Academic Accreditation and Quality Assurance (OAAAQA) has announced the official launch of the National Qualifications Framework in Oman. The event, scheduled for 31 May, will be held under the patronage of the Secretary General of Oman’s Ministry of Finance.

The framework, mandated by Oman Royal Decree No 9/2021, is aimed at classifying and aligning national qualifications with international standards. It has been developed in consultation with relevant authorities and supports Oman’s economic and educational needs.

The event will also mark the introduction of electronic services related to the framework, including the National Qualifications Register, which aligns with the government’s efforts to digitise services.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Kuwait News developments

Kuwait: Expat Workers To be Allowed Residency Transfers from Closed Companies

  • 01/06/202301/06/2023
  • by Tanya Jain

Arab Times, 28 May 2023: Kuwait’s Public Authority for Manpower is developing a plan to allow expatriate workers registered in companies whose files have been closed to transfer their residency to other companies. These files were closed due to a lack of an established procedure.

However, in light of humanitarian circumstances, workers will be permitted to transfer if their files are cleared by July. The transfer process will follow specific regulations, allowing workers to move to valid files with other companies.

Those employed by small and medium enterprises will require a minimum of three years since the issuance of their work permit to be eligible for transfer. The final decision on transfers will be made accordingly.

These measures aim to support expatriate workers affected by company suspensions, prioritising their welfare and individual circumstances.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

UAE News developments

Dubai: New System for Licensing and Regulating Buildings Launched

  • 01/06/202301/06/2023
  • by Tanya Jain

Emaratalyoum, 26 May 2023: Dubai Municipality has introduced a novel electronic system for the licensing and supervision of buildings. This system has been specifically developed to cater to customer needs by reducing the time required for completing procedures and meeting the requirements of the new building code.

The Director-General of Dubai Municipality has highlighted the system incorporates several advantages and advanced digital functionalities aimed at enhancing the customer experience while reducing both time and costs.

Furthermore, the system will offer the utilisation of Building Information Modelling, enabling users to generate 3D templates and digital representations depicting the physical and functional attributes of the buildings.
For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

United Arab Emirates News developments

Abu Dhabi: Authority for Managing Endowment and Funds of Minors Established

  • 01/06/202301/06/2023
  • by Tanya Jain

Albayan, 27 May 2023: The Ruler of Abu Dhabi has enacted legislation to establish the Authority for Managing Endowment and Funds of Minors in Abu Dhabi.

The Ruler of Abu Dhabi has enacted legislation to establish the Authority for Managing Endowment and Funds of Minors in Abu Dhabi. The Crown Prince of Abu Dhabi has issued a decree appointing Abdulhamid Mohamed Said as the chairman of this authority.

In collaboration with the General Authority for Islamic Affairs and Endowments, as well as relevant agencies, the newly formed authority will undertake the required measures to assume responsibility for managing endowment affairs. This includes tasks such as counting, overseeing, organising, and regulating endowments, as well as issuing necessary permits for endowment institutions within the Emirate.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

May/June 2023 edition of Lexis Middle East Law Alert Now Out! News developments

May/June 2023 edition of Lexis Middle East Law Alert Now Out!

  • 26/05/202330/05/2023
  • by Tanya Jain

Introducing the latest edition of our complimentary law magazine, the Lexis® Middle East – Law Alert! Stay up-to-date on the latest legal, financial, and fiscal developments and hot topics in the MENA region.

In this edition, we examine why amendments to Saudi Arabia’s personal data regime were needed and what might be their impact, recent legal and tax developments, virtual asset regulations, and more.

Feature: What’s Different with Data? Amendments to the Saudi Personal Data Protection Law

Nick O’Connell, Partner, Digital & Data, Al Tamimi & Co explains why amendments to Saudi Arabia’s personal data regime were needed and what might be their impact.


Legal Round-Up: Covering Recent Key Legal Developments (Region-Wide)

Stay up-to-date with the latest legal developments in the region! Our legal round-up includes all the essential news so that you can stay well-informed.


Tax and Finance Round-Up: Covering Recent Key Tax and Finance Developments (Region-Wide)

Stay up-to-date on the key developments from the region and never miss out on the latest happenings.


Feature: Nothing to Hide – The Qatari Anti-concealment Law

Omar Qouteshat of Sultan Al Abdulla & Partners explains results the impact the Qatar Anti-Concealment Law can have when non-Qataris are engaged in commercial activities there.


In-House Profile: Talent and Energy

Elizabeth Dunne Chandler Legal and Commercial Director – Middle East, UK and Europe NES Fircroft explains how the switch to renewable energy is impacting her work and making cross-border employment legislation more important.


Practitioner Perspective:

Thomas Wigley of Trowers and Hamlin looks at the practicalities of bringing foreigner experts into Oman. And sheds light on the implementation of Oman Sultani Decree No. 35/2003 On the Promulgation of the Labour Law provides the framework for private sector employment in Oman.


Movers & Shakers: A Round-Up of the Top Appointments and Promotions

Check out our latest round-up of the top movers and shakers from the world of legal appointments and promotions, brought to you by Jameson Legal. Who’s been promoted, who’s been appointed and who’s moving on? Find out now!


Dispute Resolution Focus: Cases and Updates

Hashem AlAidarous, Partner at Al Aidarous, qualified in three jurisdictions, explains
the differences between dispute resolution in the UAE, the US and Australia.


Contract Watch: Is It Asymmetric?

Aleefa Ahmed, from Associate Afridi & Angell, explains asymmetric jurisdiction clauses (or unilateral option clauses) for parties bringing their proceedings in front of a jurisdiction and what options are available for them.


Thanks to Jameson Legal for supporting individuals and businesses, and Al Aidarous for keeping us updated on dispute resolution cases.

Want to receive more content? Subscribe to our newsletter here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East Law Alert May-June 2023
Lexis Middle East Law Alert January-February 2023

Explore the past editions of the Lexis® Middle East Law Alert and stay up-to-date with the latest news! Click the links below for instant access to older editions.

Lexis Middle East Law Alert October-November 2022
Lexis Middle East Law Alert_July-August 2022

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