Statute of the Saudi Center for Commercial Arbitration

Release Date:	1440-08-25
Release Tool:	Council of Ministers Resolution
Issuance Instrument Number:	488
Validity:	Valid
Date of last amendment:	1445-01-21
Summary:	By AI The regulation addresses the establishment of the Saudi Center for Commercial Arbitration, which possesses legal personality and financial and administrative independence. The center aims to manage arbitration procedures and provide related services, such as preparing a list of arbitrators and determining their fees, in addition to promoting a culture of arbitration. The center supports the Council of Chambers and operates independently from it. The Board of Directors of the center is formed by ...

Release Date:

1440-08-25

Release Tool:

Council of Ministers Resolution

Issuance Instrument Number:

488

Validity:

Valid

Date of last amendment:

1445-01-21

Summary:

By AI

The regulation addresses the establishment of the Saudi Center for Commercial Arbitration, which possesses legal personality and financial and administrative independence. The center aims to manage arbitration procedures and provide related services, such as preparing a list of arbitrators and determining their fees, in addition to promoting a culture of arbitration. The center supports the Council of Chambers and operates independently from it. The Board of Directors of the center is formed by ...