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KSA: Model Arbitration Submission Agreement for Government Contracts Adopted

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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…

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In International Arbitration Yearbook

Baker McKenzie International Arbitration Yearbook 2020-2021 – Saudi Arabia

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KINGDOM OF SAUDI ARABIA Abdulrahman Al Ajlan and Anton Mikel 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), 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 Saudi Center…

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