The new enforcement law is a significant step in a complementary direction that may elevate the use of arbitration in Saudi Arabia. Would you like to know why? Read to learn more about it- STA Law Firm
Sourced through Scoop.it from: www.stalawfirm.com
Who’s Winning and who’s Whining under Saudi Arabia’s new enforcement law- STA Law Firm
Earlier, the New York Convention was the principal piece of legislation in Saudi Arabia for recognizing and enforcing foreign (international) arbitral awards; this gave rise to lack of domestic legislation in Saudi Arabia that was in conformity with the local laws.