Answer: Challenging Arbitral Award: “Section 68 in the Arbitration and Conciliation Act” with the conciliation procedures, the parties, or the conciliator has frequently quoted the benefit of arbitration as conflicting litigation is regarded as one of the conclusiveness of the procedure. The parties can only confront or file petition for an arbitration award on the foundation if the court does not have substantive...Read More >>
Answer: In Saudi Arabia, arbitration has not been commonly used method to resolve disputes. The parties to a dispute did not trust the arbitral methods of dispute resolution. However, with the enforcement of the New Law of Arbitration in 2012, people have regained their confidence on arbitration law as a method of resolving disputes. The new Arbitration Law is based on the UNCITRAL Model law on International Commercial Arbitration (the ‘...Read More >>
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