Saudi Arabia plans judicial overhaul to smooth path for investors

Saudi officials are working to overhaul the country’s unpredictable judicial system by the end of this year, partly to encourage investors long deterred by the perceived arbitrariness of the kingdom’s courts.

Authorities are working to codify a system that has historically granted judges wide discretion to issue rulings based on individual interpretations of Islamic law.

This discretionary arrangement has created risk for both Saudi and international investors because it can lead to conflicting rulings from different judges even in similar cases.

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Source: Arabian Business

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