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ESG

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In brief  In September 2023, the Saudi Authority for Data and Artificial Intelligence (SDAIA) published the “AI Ethics Principles”, intending to support the Kingdom’s effort towards achieving its vision and national strategies related to adopting AI technology. SDAIA has analyzed global practices and developed the AI Ethics Principles to limit the negative implications of AI systems, help companies ensure the responsible use of those systems and protect the privacy of individuals and their rights concerning…

In brief The Government of Egypt has now expressly recognized the production, storage and export of green hydrogen and green ammonia among the areas falling within the state’s economic development strategy. It has also passed a decree that would allow green hydrogen and green ammonia projects to benefit from a wide range of state support under the country’s existing Investment Law No. 72 of 2017 (“Investment Law”), including tax incentives. This is a key development…