Privacy Policy
Last update: 30/9/22
We, referred to as "We," "Us," or "Our," are dedicated to protecting your personal information and ensuring your privacy.
This Privacy Policy is created to notify you about how we gather and preserve the details you submit via the OpenAi Almaliyah website (referred to as the “website”).
These tenets shall be upheld: .
- To clarify the handling and gathering of your personal data:
We aim for you to make knowledgeable decisions about handling personal information. That's why our site exists. To achieve this, we utilize various strategies and processes to offer you pertinent insights into managing personal data.
Should we determine that you need particular information, we will deliver details to you at the correct moment and location.
We are delighted to address any inquiries you might have and will offer necessary explanations regarding any legal constraints. You can contact us via email at the following address: info@ OpenAi Almaliyah .com .
- Personal information will solely be employed for the objectives outlined in the policy.
We may handle your personal information for a variety of reasons, including providing our website and connecting you with external trading platforms ("Services"). This also involves improving the site, safeguarding our rights and interests, facilitating service delivery and upkeep, fulfilling legal or regulatory duties, and conducting administrative and business tasks to ensure the effective delivery and usage of the services.
We also handle your personal information to gain a clearer insight into your preferences and requirements.
- Utilize essential mechanisms to safeguard your entitlements concerning personal information.
To facilitate your rights, we've allocated significant resources. Feel free to reach out to obtain details about your Personal Data. We can amend or erase it, cease its use for particular or general purposes, and transfer it to you or a third party. Your requests will be accommodated promptly.
- Protect your private information:
Although we cannot promise absolute protection of your personal information, we assure you that we will persist in using various strategies and tools to keep your data secure.
Our comprehensive guidelines for privacy and security are finalized.
1. The Scope?
This policy outlines the kinds of personal information the company gathers about individuals and how it manages, distributes to third parties, implements security measures, and so forth.
This Policy pertains to data concerning a specific or identifiable individual. An identifiable person can be someone who is directly identifiable or whose identity can be determined using additional data we possess or can obtain.
The Policy describes "processing" as an action that involves the utilization or collection of personal information. This encompasses the handling, organization, and retention of personal data.
Our offerings are meant for a broad audience and are unsuitable for individuals under 18. We do not intentionally collect data from those under 18 years old. We prohibit their use of our services. Should we find any data about minors, we will promptly delete it.
2. What information of a personal nature do we hold about you?
When you engage with our offerings or browse our site, we gather personal information. We may ask for your data in specific cases. Alternatively, we may collect your information by observing how you use our offerings or channels or through our affiliates sharing your details.
3. You are not obligated to provide personal details to the company and the outcomes thereof.
However, providing us with personal information is not mandatory. Nonetheless, in some situations, you may choose not to give us any personal information. This decision could limit our ability to deliver services or prevent users from accessing the website.
4. What types of personal information can we collect? By visiting our site, we will gather your personal details as follows:.
This encompasses details about your digital activity records, information about your traffic (such as IP address, date and time of entry), the language preference, error logs from software failures, the browser type, along with data concerning the device utilized. The gathered information is not personal and cannot identify you.
Personal Information You Voluntarily Provide: Any personal details you share with Us by choice when accessing a third-party online trading platform via Our services.
Your full name, home address, contact number, and email are shared with external platforms for trade facilitation purposes.
5. The lawful foundation and the justification for processing personal information.
The company handles your personal information as outlined in this section, and in line with the applicable legal framework.
In the absence of a lawful foundation, the corporation cannot utilize your personal information. The legal bases the corporation may rely on to handle your personal data:
- You have agreed to the handling of your personal details for one or more purposes. This occurs when you provide personal data on the site, allowing us to share it with a third-party trading platform.
- A corporation or an external party could need to handle data to support their rightful concerns. For example, it's crucial to enhance our offerings or to protect against legal challenges.
- Legal requirements necessitate compliance in processing.
Reach out to us via email to receive further information about the procedures required to protect legitimate interests.
Here is a list explaining why and on what legal basis we might utilize the information you share with us. Personal information.
To share your personal details with external entities at your request to access digital trading platforms.
Should you inquire, we might gather your personal information to share with external organizations.
You have authorized the handling of your personal information for one or several purposes.
To address your inquiries, feedback, or issues, personal information is essential to assist you with any queries you may have about the services.
The company's lawful needs or a third party's concerns require processing.
To fulfill legal duties or official regulations, personal data is handled to comply with legal standards and mandates.
To meet legal obligations, conducting processing is essential.
To Improve Our Offerings We might utilize Personal Data to improve Our Offerings. This encompasses, but is not limited to, any error or malfunction reports that we gather pertaining to the services.
The company's rightful needs or a third party's interests require processing.
To Prevent Abuse and Misconduct of Our Offerings
To carry out and oversee tasks that align with our service requirements, such activities encompass administrative functions, growth initiatives, strategic planning, supervisory frameworks, and more.
The company's valid concerns or a third party's interests require handling.
To carry out analyses, like statistical evaluations for decision-making on various matters, we utilize distinct analytical methods (including statistical ones).
The company’s valid interests or those of another party require handling.
To Protect Our Assets, Rights, and Interests, as Well as Those of Other Parties, We Have Created HTML0 to Establish and Protect Legal Rights. Personal Data May Be Processed by Us to Shield Our Rights, Interests, and Assets, or Those of Other Entities, in Accordance with Any Relevant Laws, Regulations, Agreements, or Any Terms, Conditions, or Policies.
The company's valid interests or those of a third party require processing.
6. Sharing Personal Information with External Entities.
The organization may also share personal information with external companies that provide services to us, such as hosting and storage vendors, IP address details, and user experience analytics.
You may request us to share your specific personal information with external trading services. In these cases, your personal data will be transferred to third-party trading services. The handling of your data follows their privacy guidelines. Your information might be distributed across various trading systems.
The organization may disclose personal information to affiliated companies or allied businesses. This enables the firm to access essential support, allowing it to enhance and refine the offerings delivered to its clientele.
Should it become necessary to protect the entitlements of other parties or possessions, the Corporation is authorized to share personal information with regulatory bodies, local entities, or other official authorities.
We might also, in addition, disclose your personal information to prospective investors or purchasers, or to financiers of our company or entities within our corporate group should a similar transaction occur (including the transfer or sale of assets held by our company or any affiliated company) or as part of any business merger, reorganization, consolidation, or insolvency within our group of businesses.
7. Biscuits and tools from external providers.
External providers, like those offering ads on our platform or analytics firms, may be employed. These entities might also use cookies or similar technology.
Each visit to the website triggers the creation of tiny text files on your device called cookies. These cookies collect details about your preferences and browsing behaviors, enhancing your user experience by tracking settings and tailoring content to your tastes. Additionally, cookies play a role in compiling statistics and analytics.
Some cookies we utilize are temporary session cookies. These are briefly stored on your device and expire once you close your browser. Alternatively, there are persistent cookies. Such cookies stay on your device for an extended duration even after your browser is closed. They help the website recognize you as a returning visitor and facilitate your return to the site.
Types of cookies:
They might be employed by us depending on their intended use.
Cookies are completely essential.
These cookies are essential for you to reach the features you've requested and browse our site. Cookies help deliver the data, goods, and services that you have inquired about.
They are necessary for your device to download and stream information. This enables you to move through the website, make use of its functions, and revisit pages you've accessed before.
Cookies gather personal information, like your user ID and recent login time, to verify your access to the platform.
They disappear upon closing your web browser (temporary cookies).
Operational cookies
Each time you return to our site, cookies help us identify you and store your settings and choices.
They remain valid until they expire and persist after the browser has been exited.
Performance-enhancing cookies.
Cookies collect data to measure how the site performs and to improve it further. They also enable us to conduct website analyses.
Cookies hold anonymous information that isn't linked to any recognizable or identified individual.
You can delete them after closing your browser. Some cookies last indefinitely.
Cookies are disabled, or deleted.
To block or delete cookies, adjust the settings in your web browser. Here are links to assist you with this task for several popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Nonetheless, be mindful that if this occurs, some or all functions and capabilities of the website may not operate as you anticipate.
ONLINE TRACKING NOTICE
This service does not accommodate do-not-track requests at present.
8. The Retention of Your Personal Information.
The Company intends to keep your personal data only as long as necessary to achieve the processing objectives outlined in this policy, or for extended durations as allowed by UAE laws, regulations, policies, and relevant directives.
Your information will be shared with third-party trading platforms for 12 months. If you consent, we will continue sharing your data for an additional 12 months.
We routinely evaluate the Personal Data we have stored to confirm that it is no longer necessary.
9. Relocation of personal data to a foreign nation or a global entity.
Your personal details might be moved to various nations (meaning your personal information can be sent to another country, different from the one where you live, or to global bodies). Global Entities or Legal Systems. The company ensures that all essential precautions are in place to safeguard the personal information you submit and guarantees that data subjects can exercise their rights and access efficient legal remedies.
These security measures and protections are available to everyone living in the UAE (United Arab Emirates).
- Transfer to a nation outside the EU or an international entity which the EU Commission recognizes as having sufficient data protection measures for personal information in line with article 45 (3) of Regulation 2016/679 of the European Parliament and Council dated 27 April 2016 (commonly known as the “GDPR”).
- The transfer occurs according to a legally binding and enforceable contract between governmental entities or officials in compliance with Article 46 (2) (a).
- The transaction adhered to standard data protection provisions sanctioned by the UAE authority under Article 46 (2) (c) of the GDPR. You can access the Clauses sanctioned by the UAE authority at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The firm can offer details on the protective strategies it utilizes to shield your personal data when shared with third-party countries or global entities. Please email info@wealthwaydigital.ae for further information.
10. Safeguarding Your Personal Information.
We have implemented suitable organizational and technical measures to protect personal data. This involves preventing any accidental or unlawful destruction, loss, or alteration of personal data.
We cannot promise or assure the flawless protection of your personal information. Likewise, we are not liable for any intangible, incidental, or consequential damages resulting from the use or exposure of personal data. This encompasses but is not limited to disclosure due to transmission errors, unauthorized access by third parties, or any other circumstances outside our control.
Should circumstances demand, either legally or otherwise and beyond our authority, we may need to disclose your personal details to outside entities, including government agencies. In such cases, we cannot ensure the protection of your data by these entities.
It is impossible to move personal data online with complete safety. The Company cannot guarantee the protection of personal information you send us via the Internet.
11. Links directing to webpages of external third-party sites.
Websites offer links to external sites and applications, which fall outside the company's oversight. We do not take responsibility for the collection or handling of personal information by these apps or sites. This Policy does not extend to activities conducted on such platforms.
Before accessing any of the third-party platforms or applications we suggest, it's important to review their privacy policies. Additionally, consider providing them with your personal information.
12. Revisions to this Policy
This Policy can be revised at any moment. Should alterations occur, we'll inform you by publishing the revised policy on our website. Furthermore, for substantial adjustments, we aim to communicate through suitable channels and will release a notice on our site. Unless otherwise stated, all changes will take effect post-publication of the updated policy.
13. Your entitlements regarding your private data in the United Arab Emirates.
You have the right to ask us to confirm the exactness of the personal data collected about you, correct any errors, and eliminate all unnecessary personal data. You can also limit the range of personal data processing activities.
If you reside in the UAE, kindly visit this webpage: .
You have the ability to access these entitlements concerning the data you submit about your personal information. To exercise these entitlements, you may send a request via email to the address provided below.
Access rights
The organization can confirm the correctness of the personal information being handled for you. If so, you have the ability to access your data.
The organization intends to provide a digital version of the personal information being processed and might impose a fair charge for any extra versions. If you request it, the data will be delivered digitally.
Individuals' right to access their personal information must not interfere with others' rights and freedoms. If a request negatively impacts the rights or freedoms of someone else, the organization may deny the request or restrict its ability to meet it.
Privilege to amend
The organization has the right to amend incorrect personal data. You have the right to request that incomplete personal data about you be corrected, considering the processing purpose.
Right to Erasure
The reasons for consideration are as follows: (a) Personal data is no longer needed for the intended purpose it was initially gathered or processed; (b) You revoke consent and no legal grounds exist for processing; (c) You object at any moment, due to a reason specific to your situation, to the processing of your personal data based on legitimate interests pursued by us or a third party; (e) Personal data is processed unlawfully; or (f) Personal data must be deleted to comply with the company's legal obligations.
This right cannot be exercised if the processing is essential (a) to meet a legal duty mandated by United Arab Emirates law or required by its federal laws; or (b), to establish, assert, or protect legal claims.
Limitations on handling.
If you're worried about the precision of your personal information, you can request that the company restrict how your data is processed.
Should you request the restriction of your personal data, it can only be retained with your permission, to establish, exercise, or defend legal claims, to protect another individual's rights, or if there's a compelling public interest reason within the United Arab Emirates or a member state.
Entitlement to information transferability.
If an automated system manages the process, and it relies on your consent or a contract you are part of, you possess the legal entitlement to access and review the personal information you have provided to the firm.
You have the right to request that your personal data be directly transferred from the organization to another processor, if technically feasible. Exercising your data portability rights does not alter your entitlement to data erasure. The transfer of data must not infringe on the rights or freedoms of others.
Right to challenge
You can always challenge the use of your personal data by the company or a third party when it's justified by their legitimate interests. This includes resisting profiling that relies solely on these interests. If we demonstrate significant legitimate reasons for handling personal data, we cannot proceed unless you show these reasons are outweighed by your rights, freedoms, or interests, or in exercising, establishing, or defending legal rights.
Regarding direct marketing, you always have the right to object to the handling of your personal data.
Authority to decline permission.
You may withdraw your permission for us to handle your personal information at any moment. This will not affect the validity and legality of any use that relied on your consent before it was withdrawn.
You have the right to file a grievance with the regulatory body overseeing you.
You have the option to file an appeal with a regulatory body established by a member state to protect the core rights of individuals concerning the handling of personal information within the United Arab Emirates.
The regulations of the United Arab Emirates and its Member States may restrict your entitlements regarding personal data about you, as outlined in this section 13.
Upon receiving your request, we will supply the necessary information in accordance with your rights outlined in section 13 of this accord within a month. If required, the timeframe may be prolonged up to two months, contingent on the request's nature and volume. You'll be informed of any delay and its rationale within one month of your request.
Provided it aligns with section 13 of the law, the data you seek under section 13 rights will be provided at no cost. Should the request be unfounded or excessive, particularly if repeated, a reasonable fee may be imposed to cover the administrative costs for providing the information or executing the requested action. We also reserve the right to refrain from acting.
Should the identity of the individual filing your request become uncertain, the company may require additional details.