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Reed Smith and Kroll invite you to a lively debate that will explore the dynamic evolution of commercial dispute resolution in Saudi Arabia, highlighting the recent trend from traditional litigation to arbitration as a way of resolving commercial disputes.
Informed by the latest developments, the panel will consider the legal, institutional and business reasons for the shift, as well as what the future of arbitration may hold for the Kingdom, including:
- The historical economic framework in which litigation was the primary means of resolving disputes in the Kingdom and recent trends towards arbitration
- The importance of legal developments, government-led institutional changes, improvements to the enforcement of arbitral awards, and changing business needs, in the shift from litigation to arbitration
- The impact of arbitration on the Saudi economy including the influence of foreign investment as part of the Kingdom’s Vision 2030
- Continuing challenges and opportunities in Saudi arbitration including the perceived influence of Sharia law on legal predictability, and the need for increased technical expertise in both local and international arbitration standards
- Best practices to integrate international arbitration in the Kingdom’s future economy and developing the dispute resolution industry to support economic growth and international investment
Vice President – Contracts & Claims
BFIM
Partner
Reed Smith
Co-Managing Partner
The Law Firm of Hassan Mahassni
Managing Director
Kroll
Managing Director, Expert Services
Kroll
Head of Middle East Region
Reed Smith
Updated at: 2/11/2023