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ARTICLE · 15 OCTOBER 2024

Compliance Requirements For Real Estate Developers And Investors

Hamad in association with Youssry Saleh & Partners (AHYSP)
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As the real estate sector in Saudi Arabia continues to grow, driven by the country's ambitious economic diversification plans and an influx of foreign investment, the role of arbitration in resolving commercial disputes has become increasingly important for developers and investors.

Saudi ArabiaLitigation, Mediation & Arbitration
AHYSP Law Firm
AHYSP Law Firm
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Arbitration in the Saudi Real Estate Sector: Navigating Compliance Requirements for Developers and Investors

The Law of Settling Commercial Disputes Arbitration in Saudi Arabia

As the real estate sector in Saudi Arabia continues to grow, driven by the country's ambitious economic diversification plans and an influx of foreign investment, the role of arbitration in resolving commercial disputes has become increasingly important for developers and investors. The Saudi Arbitration Law, enacted in 2012, provides a modern and efficient framework for the resolution of commercial disputes through arbitration. This law, which is based on the UNCITRAL Model Law, outlines the procedures and requirements for initiating and conducting arbitration proceedings in the Kingdom.

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