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The modernization of the Saudi arbitration environment is more in line with modern international norms of commercial arbitration rules, embodying several “arbitration friendly” principles of the UNCITRAL Model Law, such as competence-competence and the autonomy of the arbitrating parties....
Persistent link: https://www.econbiz.de/10014121880
The new Saudi Arbitration Law provides the arbitrating parties the freedom to rely on procedural rules of their choosing, as long as they do not conflict with the principles of Islamic Sharia. This liberty and autonomy for the parties are similar to the UNCITRAL Model Law as will be presented in...
Persistent link: https://www.econbiz.de/10014121882