The recent issue of the Kingdom of Saudi Arabia’s (KSA) official gazette published in early June 2023 includes the Resolution No. 1321/1444 of 6 June 2023 (“Resolution”) issued by KSA’s Minister of Finance. The resolution adopts: The model general arbitration submission agreement; and The model arbitration submission agreement providing for the arbitration in the Saudi Center for Commercial Arbitration (SCCA). The Resolution follows the liberalization of the dispute resolution regime in KSA, specifically allowing for…
In brief: The Dubai International Arbitration Centre (DIAC) has recently released its Annual Report for the year 2022.…
The Saudi Center for Commercial Arbitration (SCCA) opened its first office outside of Saudi Arabia in the DIFC.…
We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now available. This 16th edition looks at key developments in arbitration from the last year in over 45 jurisdictions, including: New arbitral rules from major institutions including the AAA, CAM-CCBC, CEPANI, DIAC and the SCC The ongoing reform of arbitration legislation to reflect international best practice, with recent developments in Italy, Japan, Luxembourg, the United Kingdom and Vietnam…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in South Africa continues to be governed by the International…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in onshore United Arab Emirates (UAE) continues to be governed…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in the Kingdom of Saudi Arabia continues to be governed by the arbitration law issued by Royal Decree No. 34/M, dated 24/5/1433H (corresponding to 16 April 2012G) and its implementing regulations (which came into force on 7 June 2017), which replaced the arbitration law issued by Royal Decree No. 46/M, dated 12/7/1403H, to which no notable amendments have been made since. A.2 Institutions, rules and infrastructure The…
The recently issued Rules of the Dubai International Arbitration Centre (the “New Rules”) have come into effect on…
We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in South Africa continues to be governed by the International Arbitration Act, 15 of 2017 (“IA Act”), which incorporates the UNCITRAL Model Law. Domestic arbitrations in South Africa continue to be governed by the Arbitration Act, 42 of 1965 (“Arbitration Act”). A.2 Institutions, rules and infrastructure The Arbitration Foundation of Southern Africa (AFSA) and the Association of Arbitrators, Southern Africa, remain the primary domestic arbitration organizations used…