Arbitration in Saudi Arabia – meeting the goals of Vision 2030March 2019
Through the Vision 2030 initiative, KSA’s Crown Prince has promoted the development of new infrastructure, manufacturing hubs, housing, transport and commercial spaces.
However, despite the attractive commercial offering that KSA provides, many in the market appear to be taking a cautious approach when it comes to doing business in the region citing concerns regarding payment, the uncertain judicial landscape, and whether there is an effective and robust commercial arbitration regime in place.
In this article, Jeremy Russell looks at how the Kingdom of Saudi Arabia’s Ministry of Justice has tried to ease these concerns and build confidence in KSA’s commercial dispute framework.
To read the full article, please click on the link below.Download PDF