Minister of Justice Approves Executive Regulation of Commercial Courts

  • 2/5/2023
  • 06:15
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Riyadh, June 22, 2020, SPA -- Dr. Waleed bin Mohammed Al-Samani, Minister of Justice and Chairman of the Supreme Judiciary Council, has issued a decision approving the executive regulation of the commercial court system. In line with the Kingdom Vision 2030, the executive regulation includes a number of procedures and rules for the articles of the commercial court system. It aims to raise the quality of the commercial judiciary and the speed of adjudication of disputes in order to consolidate the commercial environment in the Kingdom and raise security of the commercial rights to attract investment. The new regulation includes 281 articles. Dr. Al-Samani affirmed that the commercial courts system will be an important legislative arm for the work of these courts in order to achieve the quality of outcomes and efficiency of performance as well as to support the process of digital transformation. --SPA 21:13 LOCAL TIME 18:13 GMT 0018 www.spa.gov.sa/w1355313

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