"Finally thought the stone, paper and scissor
– Can't we all just get along?"
Over the recent few years, the Kingdom of Saudi Arabia has seen
sweeping changes within the society and its economy. One particular
way in which these changes took place was through the enactment of
Royal Decree Number M/34 of 2012 (the
Arbitration Law), concerning arbitration
within the Kingdom. Until that point, Saudi Arabia's
arbitration was centred around the 1983 Arbitration Law and the
1989 Rules of Civil Procedure, when it came to enforcement of
judgements and arbitral awards.
The Arbitration Law, supplemented by Royal Decree Number
M/53 of 2012, known as the Enforcement Law,
concerning the execution of court judgements and arbitral awards
(including foreign judgements and arbitral awards), brought forth a
variety of changes in the arbitration framework in the Kingdom.
This led to a rise in the number of applications for foreign
enforcement, from 69 in 2014 to 257 in 2018, with