Commentary: Saudi Arbitration Court in the UK?
Source: Saudi-US Trade Group (Read full story)
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If this new “court” as it is called in the press will allow parties to easily and efficiently enforce foreign awards in Saudi Arabia, that would be its main and significant benefit. As it stands now, it is very difficult to enforce foreign judgments and awards in Saudi Arabia.
The Saudi Courts have procedures for the enforcement of judgments obtained in a foreign jurisdiction to which a party has submitted in the Kingdom of Saudi Arabia subject to Article 8(1)(g) of Royal Decree No. M/51 dated 17/7/1402 H., corresponding to [11/05/1982 (G)] (the Grievances Board Law). The Grievances Board Law grants the Grievances Board the authority to accept applications for the enforcement in Saudi Arabia of foreign judgments.
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