Electronic Transactions Law No. (85) of 2001

This law facilitates the use of electronic means in transactions’ procedures, without amending or superseding provisions in any other existing legislation. These provisions apply to electronic transactions, electronic records, electronic signatures and electronic transactions approved by any governmental department or official institutions.

This law states that information contained in electronic records will be proportional to the information found in original copies of financial transactions. It outlines the conditions under which documents may be sent and shared electronically, the appropriate transfer of funds between parties, and authentication mechanisms of electronic signatures.