Arbitration in the Kingdom of Saudi Arabia has been subject to material reform in recent years which has had a positive effect in the realm of dispute resolution. The new arbitration law, enacted by Royal Decree No. M/34 published in the Official Gazette on 8 June 2012 (the “New Arbitration Law”) has facilitated the Kingdom in adopting international norms and practices when promulgating new laws. This New Arbitration Law is broadly modelled on the UNCITRAL Model Law and replaces the previous Arbitration Law issued by Royal Decree No. M/46 on April 25, 1983 and supplemented by an Executive Regulation dated June 22 1987.
The New Arbitration Law has paved the way for the adoption of ‘arbitration friendly’ provisions that facilitate the resolution of disputes in the Kingdom and complement the recent arbitral progress. For example, the UNCITRAL-based New Arbitration Law led to the enactment, in 2013, of a new enforcement law (the “Enforcement Law”).