Many investors are unaware of the existence of the Agreement for the Promotion, Protection and Guarantee of Investments among the Member States of the Organisation of the Islamic Conference (the “OIC Investment Agreement”) and its provisions regarding dispute settlement. The Organization of the Islamic Conference (the “OIC”; Arabic: منظمة التعاون الإسلامي; French: Organisation de la […]
Aceris Successfully Resolves Another ICC Arbitration Under Saudi Law
Aceris Law LLC has successfully resolved another ICC arbitration under Saudi Arabian law, obtaining the objectives of its client in full. In the dispute, Aceris Law represented the claimant, a sub-contractor, in a dispute involving breaches of a contract for engineering, procurement and construction activities. The place of arbitration was Paris. Aceris Law has served […]
نبذة عن ديوان المظالم في المملكة العربية السعودية
مفهوم ديوان المظالم في المملكة العربية السعودية يعد ديوان المظالم بالمملكة العربية السعودية هيئة قضائية وطنية مستقلة تسعى بكل الطرق و الوسائل الممكنة إلى تحقيق العدل و الإنصاف من خلال الرقابة القضائية الفاعلة على أعمال الهيئات الإدارية عن طريق الدعاوى الماثلة أمامه لضمان حسن تطبيق الأنظمة و اللوائح المقررة و كذلك تطوير آليات التواصل مع […]
An Overview of The Saudi Arbitration Law
The Saudi Center for Commercial Arbitration Arbitration Rules In the year of 1437 H (2016), the Saudi Center for Commercial Arbitration (“SCCA”) drafted arbitration rules based on the UNCITRAL Arbitration Rules. The Saudi Center for Commercial Arbitration Rules are available here. Arbitration through the Saudi Center for Commercial Arbitration is designed to ensure that the procedure […]
The Seat of Arbitration in International Commercial Arbitration
The seat of arbitration (also known as the place or locale) is one of the most important factors to take into consideration when drafting international arbitration clauses in a contract and is often confused with the venue of the arbitration, which is not the same thing. The choice of the seat of arbitration can have […]