Share on LinkedInShare on LinkedIn

ARTICLE · 06 SEPTEMBER 2019

Enforcing Foreign Arbitral Awards In Saudi Arabia: Winds Of Change?

Fenwick Elliott LLP
Fenwick Elliott LLP
Contributor
Fenwick Elliott LLP

Fenwick Elliott LLP

Fenwick Elliott provides a comprehensive range of legal services on every aspect of the...

View firm profile
Explore more from Fenwick Elliott LLP

There have been monumental changes to KSA's legal landscape in recent years.

Saudi ArabiaLitigation, Mediation & Arbitration

Introduction

The Kingdom of Saudi Arabia (KSA) has been a signatory to the Riyadh Convention since 1983, and to the New York Convention since 1994. However, it was not until quite recently that arbitration has, at last, begun to emerge as a truly viable form of dispute resolution.

There have been monumental changes to KSA's legal landscape in recent years. Against the backdrop of wide-ranging reforms to the judicial system initiated in the late 2000s, two landmark enactments were promulgated in 2012: a new Arbitration Law (repealing the earlier Arbitration Law of 1983) and the Enforcement Law. The Implementing Regulations of the Arbitration Law subsequently came into force in 2017, providing welcome clarity on the mechanics of the new legislation.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from