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Sep 30, 2016

Enforcement of Foreign Judgments and Arbitral Awards in the Kingdom of Saudi Arabia

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In 2012, the Kingdom of Saudi Arabia introduced a new Arbitration Law (the “Arbitration Law”) which replaced the previous Arbitration Law of 1983. The Arbitration Law is largely based on the 1985 UNCITRAL Model Law on International Commercial Arbitration and introduced a number of promising changes to arbitration as a method of dispute resolution in the Kingdom. However, presently it is difficult to assess the degree of change in practice. It remains to be seen how Saudi courts will apply the law going forward. The implementing regulations of the Arbitration Law are yet to be enacted.

View full memo, Enforcement of Foreign Judgments and Arbitral Awards in the Kingdom of Saudi Arabia

Authors and Contributors

Marwan Elaraby

Partner

Capital Markets

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+971 2 410 8123

Abu Dhabi

Dr. Sultan Almasoud

Partner

Mergers & Acquisitions

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+966 11 211 2000

Riyadh

Sanjarbek Abdukhalilov

Partner

Mergers & Acquisitions

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+966 11 211 2000

Riyadh

Alex Bevan

Partner

International Arbitration

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Abu Dhabi

Iain Elder

Partner

Project Development & Finance

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+44 20 7655 5125

London

Brendan Hundt

Counsel

Project Development & Finance

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+966 11 211 2000

Riyadh

Matthew Powell

Partner

Mergers & Acquisitions

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+971 2 410 8125

Abu Dhabi

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