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 according 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
United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards
“New York Convention” which Saudi Arabia ratified in 1994, encourages 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 in compliance 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. Abdul Kareem Law Firm Group, we specialize in the following:
- Advising clients with regards to the arbitration process, jurisdiction, selection of arbitrators, underlying claims, evidence, 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:
- Confirmation of Arbitral awards with the appropriate courts and authorities
- Recognition of Arbitral awards with the appropriate jurisdictions
- Authentication of Arbitral Awards
- Enforcement of Arbitral Awards in different countries