Terms of Use

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Effective Date: 20th March 2026


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1. Our Details

The Gulf Capital Market Association NPIO (GCMA) operates the website and Online Website Services.

The Gulf Capital Market Association NPIO and/or its affiliates and entities (collectively “GCMA”, “we” or “us”) comply with DIFC Law No. 5 of 2020 (the “DP Law”).

GCMA’s authorized purposes are to promote the development of the Middle East capital market.

Our Contact Details:

The Gulf Capital Market Association

Gate Village Building 4, Level 3
Dubai International Financial Centre
PO Box 113355
Dubai, United Arab Emirates

Telephone: +971.4.401.9944

For General Inquiries Regarding Our Terms of Use or General Data Protection and Privacy Policy

Email: info@gulfcapitalmarket.org 

DIFC Registered Number: 0863

2. Terms Of Use

These Terms of Use and any documents referred to herein set out the terms and conditions on which you are permitted to use our web-based products and services, including the Members’ Portal (collectively, the “Online Website Services”). By using our Online Website Services, you agree to be bound by and to comply with these Terms of Use.

Our website is https://www.gulfcapitalmarket.org/ and our Members’ Portal is https://gcma.glueup.com/.

Please read these Terms of Use carefully. We recommend that you print off a copy of these Terms of Use for your records, as well as any future versions of them, as we may update them from time to time.

Your attention is particularly drawn to Clauses:

The Members’ Portal

The portal is subject to additional User Terms and Conditions. By using the Website, you agree to be bound by those Terms, which are here https://www.glueup.com/legal/user-agreement 

3. Your Responsibility For Others Who Access Our Website Using Your Device Or Internet Connection

You must ensure that any persons who access our Online Website Services on your computer(s) or device(s), or who are permitted or able to access our Online Website Services on your computer(s) or device(s), or who use your internet connection, are aware of these Terms of Use and all other documentation referred to in them and that such persons also agree to be bound by and to comply with these Terms of Use. If for any reason whatsoever, such persons do not agree to these Terms of Use or do not wish to be bound by them, they must not access or use our Online Website Services, and you must not permit them to do so.

4. Other Documents Governing Your Use Of Our Online Website Services

In addition to these Terms of Use, your use of our Online Website Services as a Service User is also governed by the following policies: 

Our Data Protection and Privacy Policy Policy

Our Data Protection and Privacy Policy governs our use of your information. It sets out the types of information we collect, the reasons we collect it, how we use it, where we may pass it on to any third parties, in what circumstances and for what reasons, and any other relevant information relating to our use and/or processing of your information and your rights in relation to your information.

Our Cookies Policy.

Our Cookies Policy governs our use of cookies and similar technologies on our Online Website Services. It sets out the types of cookies we use, the purposes for which we use them, the circumstances in which we may place cookies on your computer, device or browser, and other relevant information relating to cookies, such as how to change your browser preferences and settings to accept or reject cookies.

Our terms of communication and information you make set out the status of any terms relating to delivery and performance that apply to you and other relevant terms relating to our Online Website Services or digital content:

By accessing and using our Online Website Services, you agree to be bound by the terms and conditions contained in these Terms of Use, you acknowledge that we will process your information in accordance with our Data Protection and Privacy Policy and our use of cookies and similar technologies in accordance with our Cookies Policy.

If you do not agree to the terms set out in these Terms of Use, you must not use our Online Website Services.

5. Availability Of Our Online Website Services

We make no representations and provide no warranties that:

  1. the Online Website Services will be made available at any specific time or from any specific geographical location.
  2. your access to the Online Website Services will be continuous or uninterrupted; or
  3. the Online Website Services will be accessible or optimized on all browsers, computers, tablets, phones or viewing platforms.

We reserve the right to suspend access to all or part of the Online Website Services for any reason, including for organizational or operational reasons, such as improving the appearance or functionality of the Online Website Services, content updates, periodic maintenance, or resolving any issues that we become aware of. Wherever we anticipate that we need to suspend access to the Online Website Services for a considerable period of time, we will try to provide you with prior notice where reasonably practicable.

Our Online Website Services is provided for users worldwide. Although it may be possible to access the Online Website Services from other countries, we make no representation that our Online Website Services is compliant with any legal requirements in force with all worldwide jurisdictions other than complying with DIFC Law No. 5 of 2020 (the “DP Law”), or that the content available on the Online Website Services will be appropriate for users in other countries or states.

6. Changes We May Make To These Terms Of Use And Other Documentation

We reserve the right to update these Terms of Use, our Data Protection and Privacy Policy, our Cookies Policy and any other documentation referred to in any of these documents from time to time. We may change our Terms of Use and other documentation for any reason, including:

  1. to reflect any changes in the way we carry out our organizational conduct;
  2. to account for any changes we make to our Online Website Services, including, without limitation, any new features or functionality we provide, any adjustments to the means by which we provide notices to you, or any changes in the content, purpose, or availability of the Online Website Services;
  3. to accurately describe our current data-processing activities so that you are kept up to date with our latest practices;
  4. to inform you of any changes in the way that we use cookies or similar information gathering technologies; or
  5. to ensure that our documentation complies and remains compliant with any current and future applicable laws, regulations and official guidance.

If required by law, we will provide you with notice of any changes in these Terms of Use or the other documentation referred to in them by posting a notice by posting an updated version of these Terms of Use or other such documentation on our Online Website Services with a new effective date stated at the beginning of them.

By continuing to access our Online Website Services after we have updated our Terms of Use, you agree to be bound by those updated versions. You also acknowledge that by continuing to access our Online Website Services after we have updated our Data Protection and Privacy Policy and/or our Cookies Policy, the practices set out in those updated policies will apply to our handling of your information and our use of cookies and similar technologies.

You must check these Terms of Use and all other documentation referred to in them each time you access our Online Website Services to ensure that you are aware of the terms that apply to you at that time.

The date that these Terms of Use and/or any other documents (including our Data Protection and Privacy Policy and Cookies Policy) were last amended is set out at the top of that document and is referred to as that document’s “effective date”.

7. Ownership Of Material On Our Online Website Services

All trademarks, service marks, trade names, logos, copyright and other intellectual property rights in our Online Website Services and its content are either owned by us or licensed to us. All such rights are protected by intellectual property laws around the world, and all rights are reserved. Any use of the Online Website Services and its contents, other than as specifically authorized herein, is strictly prohibited. Any rights not expressly granted herein are reserved by us.

The trademarks, service marks, trade names, logos and other branding owned by Third Parties and used or displayed on or via our Online Website Services (collectively, “Third Party Mark(s)”) may be trademarks of their respective owners, who may or may not endorse or be affiliated with or connected with us. Except as expressly provided in these Terms of Use, or in terms provided by the owner of a Third-Party Mark, nothing in these Terms of Use or on or via our Online Website Services should be construed as granting, by implication, estoppel, or otherwise, any licence or right to use any of our or any Third Party Marks that are used or displayed on our Online Website Services, without the respective owner’s prior written permission, in each instance. All goodwill generated from the use of our trademarks will benefit us exclusively

8. Information And Content On Our Online Website Services Are Provided On A Non-Reliance Basis

Our Online Website Services are made available to you in order to provide you with general information about us, our organization, and any services that we offer from time to time. We do not make our Online Website Services available for any other purposes, except as expressly provided in these Terms of Use.

The content on our Online Website Services is not intended to be construed as advice. You must not rely on any of the content of our Online Website Services for any purposes whatsoever, and you must seek your own independent professional advice before deciding to take any course of action on the basis, whether in whole or in part, of any of the content available on our Online Website Services at any time.

We make no representations and provide no warranties whatsoever, whether express or implied, that any of the content or materials available on our Online Website Services from time to time are accurate, up to date or complete.

9. Permitted Use Of Materials On Our Online Website Services

The content on our Online Website Services is provided for your personal, private and non-commercial use only. You may print or share the content from our Online Website Services for lawful personal, private, and non-commercial purposes, and you may also make others within your organization aware of the content on our Online Website Services. You may not otherwise extract, reproduce, or distribute the content of our Online Website Services without our prior written consent.

Whenever you print, download, share or pass on content from our Online Website Services to others, you must not make any additions or deletions or otherwise modify any text from our Online Website Services, you must not alter or change any images, media or graphics from our Online Website Services in any way, you may not remove any accompanying text from such images, media or graphics, and you must ensure that all content passed on to any third party is an accurate representation of the content as it appears on our Online Website Services.

You are prohibited from using any robots, spiders, data mining or scraping technology, or any similar third-party tools for the extraction or reproduction of any data or content from our Online Website Services without our prior written consent.

Whenever you pass on any content or materials from our Online Website Services to anyone, you must acknowledge us as the authors of such content or materials (or any other authors wherever credited by us) at the time when you pass on such content or materials.

10. Prohibited Uses Of Our Online Website Services

You must not reproduce, duplicate, copy or resell any part of our Online Website Services or any content from our Online Website Services, save and except to the extent expressly permitted in these Terms of Use.

You must not, without our prior written consent, access, interfere with, damage or disrupt in any way our Online Website Services or any part of it, our systems, any of our hardware or equipment or any networks on which our Online Website Services is hosted, any software that we use to create or modify the Online Website Services or to make the Online Website Services available to you, or any hardware, equipment, network, server, software or technology owned or operated by us or any third party.

You must use our Online Website Services for lawful purposes only and in accordance with these Terms of Use. You must not use our Online Website Services:

  1. for any purpose that is unlawful or that in any way breaches any applicable laws or regulations, whether local, national or international;
  2. for any fraudulent purposes whatsoever;
  3. to conduct any unsolicited or unauthorized advertising or direct or indirect marketing to anyone by any means, or to otherwise spam, communicate with, or market to anyone any goods, services, or business not authorized by us;
  4. to upload, host or transmit any viruses, malware, adware, spyware, worms, Trojan horses, keystroke loggers, spyware, logic bombs, time bombs, or any other harmful programs or code which could adversely affect the use or operation of our Online Website Services, our hardware or systems, or the computers, tablets, phones or other devices of any users or other third parties, or to upload any content or materials containing any such content;
  5. to communicate with, harm, or attempt to harm children in any way; or
  6. In any way or for any purpose that breaches these Terms of Use or the terms of any of the documents these Terms of Use refer to.

You must not submit any information about you to us if you are under the age of 18, or about any other person who is either:

  1. under the age of 18; or
  2. if they are aged 18 or above, where you have not received their prior written consent to submit information about them to us.

You must not submit to us any information which is considered ‘sensitive personal information’. Sensitive personal information is information about you or any other person which reveals your or their racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership or which is genetic data, biometric data, information which concerns your or their health, sex life or sexual orientation.

If you accidentally or intentionally submit such information to us, you will be considered to have consented to our processing of that information based on our Data Protection and Privacy Policy. Please note that you may exercise your right to withdraw this consent or information by contacting us to request the correction or deletion of any data submitted in error or unintentionally. 

Telephone: +971.4.401.9944

Email: info@gulfcapitalmarket.org

11. Your Statutory Rights

Your Rights under the DIFC Data Protection Law (DIFC DP Law No. 5 of 2020), you possess fundamental statutory rights regarding your personal data. These include the:

  • Right of Access: Request a copy of the data we hold about you.
  • Right to Rectification: Request correction of inaccurate data.
  • Right to Erasure: Request deletion of data (the “Right to be Forgotten”).
  • Right to Object/Restrict: Object to processing for direct marketing.
  • Right to Data Portability: Request transfer of data to another Controller.
  • Right to Non-Discrimination: GCMA will not discriminate against you (in price or service) for exercising any of these rights. 

Links to third-party content or websites may appear on our Online Website Services from time to time.  We are not responsible for the content of any websites accessible via any link(s) on our Online Website Services. All content on third-party websites is outside of our control, and we do not represent or warrant that such content is related to us or our Online Website Services, suitable or appropriate for use or viewing, lawful, or accurate.

Any third-party website accessible via a link on our Online Website Services may collect and process your information. We are not responsible for any data-processing activities carried out by any third-party website that is linked to our Online Website Services, and we disclaim all liability in respect of the same. You should check the Data Protection and Privacy Policy of any such third party to establish how they may use your information before you decide to use their website and its features.

You may not link to our Online Website Services without our prior written consent.

Where you have obtained our consent to link to our Online Website Services:

  1. you may provide links to our Online Website Services on other websites owned by you, provided that such websites and the use of any links to our Online Website Services comply with these Terms of Use;
  2. wherever you post a link to our Online Website Services on any other website, you agree that you will do so in an appropriate manner, and not in any way that is defamatory or disparaging towards us, which misrepresents our organization, or which causes any harm whatsoever to our users, our organization, or us; and
  3. you must not link to our Online Website Services to suggest any form of a joint venture, partnership, collaboration, affiliation, business relationship, approval or endorsement in connection with us where none exists and, in any event, without having first obtained our prior written consent.

We may withdraw permission to link to our Online Website Services at any time. In the event that we withdraw permission to link to our Online Website Services and inform you of the same, you must immediately remove any links to our Online Website Services.

14. Termination of Services, Service Discontinuation and Access Rights

We maintain the absolute right to limit, suspend, or cancel your access to any portion of the Online Website Services at our discretion, for any reason, and without advance warning or financial obligation. Furthermore, we may modify or shut down any feature, database, or content at any time. Even if your access is revoked or the service is discontinued, all provisions regarding intellectual property, liability, indemnification, and governing law will remain in full effect. We are not responsible to you or any third party for any changes to, or cessation of, the platform.

15. Exclusions And Limitations Of Liability

We do not exclude our liability to you where it would be unlawful to do so, for example, for death or personal injury caused by our negligence. If applicable law does not allow all or any part of the below limitations of liability apply to you, the limitations will apply to you only to the maximum extent permitted by applicable law.

Subject to the aforesaid, in no event shall we (including our parent companies, subsidiaries, affiliates, associates, partners, supporters, officers, directors, members, employees, or agents) under any circumstances whatsoever be liable to you for any loss, damage (whether direct, indirect, punitive, actual, consequential, incidental, special, exemplary or otherwise) costs, expenses, liabilities or penalties, whether in contract, tort, breach of statutory duty or otherwise, whether foreseeable or unknown, arising from, in connection with or relating to:

  1. your use of our Online Website Services;
  2. any corruption or loss of data;
  3. any inability to access our Online Website Services, including, without limitation, any interruptions, suspension, or withdrawal of our Online Website Services (for any reason whatsoever);
  4. any use you make of any content or materials on our Online Website Services, including any reliance you make on such content or material;
  5. any loss of savings, profits, sales, business, or revenue;
  6. any loss of reputation or goodwill;
  7.  any loss of savings;
  8. any loss of a chance or opportunity; or
  9. any other secondary, consequential, or indirect losses,
  10. and even if we have been advised of the possibility of such loss or damage, without limitation, you assume and shall be liable for the entire cost of all necessary servicing, repair, or correction in the event of any such loss, damage, costs, expenses, liabilities, or penalties arising.

We shall not be liable for any damage that you could have avoided by following our advice to apply an update offered to you free of charge, or for damage that was caused by you failing to correctly follow installation instructions or to have in place the minimum system requirements advised by us.

You specifically agree that we shall not be liable for any content or the defamatory, libellous, offensive, or illegal conduct of any third party and that the risk of harm or damage from the foregoing rests entirely with you. In the event that you become aware of any content (or the actions of any person in relation to the affairs of GCMA that you consider to be defamatory, libellous, offensive or illegal then you shall immediately draw that content (or those actions) to our attention together with an indication of the steps which you wish us to take in relation to that content (or those actions).

You agree that in the event that you incur any damages, losses or injuries arising out of, or in connection with, our acts or omissions, the damages if any, caused to you are not irreparable or sufficient to entitle you to an injunction preventing any exploitation of any of our Online Website Services, service, property, product or other content owned or controlled by us, and you will have no rights to enjoin or restrain the development, production, distribution, advertising, exhibition or exploitation of any Online Website Services, property, product, service, or other content owned or controlled by us.

To the extent that any of the provisions of this Clause 13 (Exclusions And Limitations Of Liability) are unenforceable as outright exclusions of liability, they shall be construed as limitations on liability, limiting our liability to you to the maximum extent permitted by law.

16. Indemnification

You (and also any third party for or on behalf of whom you operate an account or activity on our Online Website Services) agree to defend (at our request), indemnify and hold us harmless from and against any claims, liabilities, damages, losses and expenses, including, without limitation, reasonable legal and attorneys’ fees and costs, arising out of or in any way connected with any of the following (including as a result of your direct activities on the Online Website Services or those conducted on your behalf):

  1. your uploads, access to, or use of the Online Website Services;
  2. your breach or alleged breach of these Terms of Use;
  3. your violation of any third-party right, including, without limitation, any intellectual property right, publicity, confidentiality, property, or privacy right;
  4. your violation of any laws, rules, regulations, codes, statutes, ordinances, or orders of any governmental and quasi-governmental authorities, including, without limitation, all regulatory, administrative, and legislative authorities; or
  5. any misrepresentation made by you.

You will cooperate as fully required by us in the defense of any claim. We reserve the right to assume the exclusive defense and control of any matter subject to indemnification by you, and you will not, in any event, settle any claim without our prior written consent.

17. Disclaimers

The Online Website Services are provided on an “as is”, “as available”, and “with all faults” basis. To the fullest extent permissible by law, we do not make any representations or warranties or endorsements of any kind whatsoever, express or implied, as to:

  1. the service;
  2. the Online Website Services content;
  3. user content; or
  4. security associated with the transmission of information to the Online Website Services.

In addition, we hereby disclaim all warranties, express or implied, including, but not limited to, the warranties of merchantability, fitness for a particular purpose, non-infringement, title, custom, trade, quiet enjoyment, system integration, and freedom from computer viruses.

We do not represent or warrant that the service will be error free or uninterrupted, that defects will be corrected, or that the service or the server that makes the service available is free from any harmful components, including, without limitation, viruses. We do not make any representations or warranties that the information (including any instructions) on the service is accurate, complete, or useful. You acknowledge that your use of the Online Website Services is at your sole risk. We do not warrant that your use of the Online Website Services is lawful in any particular jurisdiction, and we specifically disclaim such warranties. Some jurisdictions limit or do not allow the disclaimer of implied or other warranties, so the above disclaimer may not apply to you to the extent such jurisdiction’s law is applicable to you and these Terms of Use.

By accessing or using the Online Website Services, you represent and warrant that your activities are lawful in every jurisdiction where you access or use the service.

We do not endorse the content and specifically disclaim any responsibility or liability to any person or entity for any loss, damage (whether actual, consequential, punitive or otherwise), injury, claim, liability or other cause of action of any kind or character based upon or resulting from any content.

18. Age Restrictions On The Use Of Our Online Website Services

Our Online Website Services and any services available on or via our Online Website Services are not intended for use by individuals under the age of 18.

If you are under the age of 18, you must not use our Online Website Services, attempt to purchase any services, or submit any information about you or anyone else to us.

We do not knowingly or intentionally process information about any individual under the age of 18.

19. Entire Agreement

These Terms represent the entire agreement, the complete and exclusive agreement between the parties concerning the subject matter herein, superseding all previous communications, negotiations, and prior agreements, whether oral or written. No party shall be entitled to rely on any statement, representation, or promise made by or on behalf of the other party before the effective date of this document that is not expressly contained within these Terms of Use.

20. Severability

Each provision of these Terms is individually severable. The provisions of these Terms are intended to be independent of one another. Should any part of this agreement be determined by a court of competent jurisdiction to be invalid, illegal, or unenforceable, that specific provision shall be modified or removed to the minimum extent necessary to comply with the law. Such a determination will not impair or affect the validity and enforceability of the remaining portions of this agreement, nor will it impact the validity of that provision in any other jurisdiction.

21. Governing Law And Jurisdiction

These Terms, any documents they refer to, and any disputes arising from or in relation to them or any documents they refer to, whether contractual or non-contractual, shall be governed by and construed in accordance with DP Law.

These Terms of Use, as well as your access to the Online Website Services is subject to and governed by the laws of DIFC in the Emirate of Dubai without giving effect to conflicts of law principles thereof. Any dispute regarding this Policy or our handling of your Personal Information and General Information is subject to the exclusive jurisdiction of the DIFC Courts.