Arbitration has been a favorable approach by many companies as arbitrator’s decisions are final and are not appealable, which ensures that disputes are solved promptly and accordingly to parties’ agreement.
Saudi Arabia is a member of various international arbitration agreements such as the United Nations Commission on International Trade Law “UNCITRAL” of which Saudi was a member to in 1992 and the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards “New York Convention” of which Saudi Arabia ratified in 1994, which encourage the recognition of foreign arbitral awards.
Saudi Arabia established arbitration regulation “Saudi Arbitration Law” by a Royal Decree No (M/34) Dated 24 Rabe’a Awal 1433 H Corresponding 16 April 2012, creating a solid platform to resolve disputes offered to local and international companies with utmost progressive arbitration processes and procedures incompliance with international arbitration standards recognized globally.
Gulf Cooperation Council established a Commercial Arbitration Center in Bahrain in December 1993 and came into force in 1995. This Center aims to resolve commercial disputes between members of the GCC countries or between members of GCC and non-GCC members, whether the dispute is between legal persons or legal entities.
At DR.ABDULKAREEM LAW FIRM GROUP, we specialize in the following:
- Advising clients with regards to arbitration process, jurisdiction, selection of arbitrators, underlying claims, evidences, witnesses and awards
- Representing clients in the arbitration process from filing with the appropriate arbitrary authority and throughout the arbitration process
- Acting as an arbitrator. Our team consists of licensed and experienced arbitrators in various countries such as: Saudi Arabia, GCC countries (United Arab Emirates; Qatar; Oman; Kuwait; and Bahrain) United States and Egypt
ENFORCEMENT OF ARBITRAL AWARD
DR.ABDULKAREEM AL-SHEHRI LAW FIRM GROUP, we enforce Arbitral Awards whether on a local or international level. Utilizing the expertise of our attorneys in arbitration whether in Saudi Arabia, GCC Countries, Egypt, the United States, or with our affiliates in Europe and globally.
We provide the following: