Inside Arbitration: The Undeniable Rise Of Arbitration In Saudi Arabia

The Kingdom of Saudi Arabia is pursuing high-paced redevelopment. Aiming to reduce its dependence on oil reserves (an industry accounting for 20-40% of GDP), Saudi Arabia's plan entitled "Vision 2030" is an ambitious strategy involving enormous developments in public infrastructure, reclaimed heritage sites and tourism with the target of attracting 100 million visitors per year by the end of the decade. Vision 2030 is built upon the pillars of a vibrant society, a thriving economy and an ambitious nation. These strategic goals have resulted in two of the largest projects in the world's history:

• NEOM: A project site the size of Albania, which will consist of 10 different regions. These include Sindalah, a 1,100,000 cubic yards luxury island resort overlooking the Red Sea; OXAGON, a 200 square kilometre industrial hub and the world's largest floating structure; The Line, a 170 kilometre linear city flanked by mirrored skyscrapers; and Trojena, a 60 square kilometre