Document Details

Document Type : Article In Journal 
Document Title :
Legal?Concepts of Saudi?Law of?Arbitration for Settling?Commercial?Disputes within National & International?Spheres
المفاهيم القانونية لنظام التحكيم السعودي لتسوية المنازعات التجارية على المستويين المحلى والدولى
 
Subject : Systems 
Document Language : Arabic 
Abstract : The Saudi Law of Arbitration comprises rules organizing different phases of the arbitration, as well as, providing for matters which are susceptible to the settlement through the channel of arbitration. In addition to the conditions those are essential their existence in the arbitrators, the way of their nomination, their abdication, as well as, the arbitral procedures, issuing the award and its implementation. However, the law of arbitration in a lot of its precepts has been in conduct with the takings of those arbitral laws in many states. Nonetheless, there are some rules in the law of arbitration, which are totally in different conduct with the arbitral laws of many states. Owing to the economic boom that passed it the Kingdom during the seventies and eighties, it adopted a positive stance from the arbitration that being incarnated in ratifying a number of international treaties which are pertaining to the implementation of arbitral awards. Within those treaties, the treaty of the League of Arab States of 1952 that is pertaining to the implementation of judgements, as well as, Washington Treaty of 1966 that is pertaining to the settlement of investment disputes between the states and nationals of other states. Finally, the Treaty of New York of 1958 which deals with the implementation of foreign arbitral awards. As far as the implementation of arbitral awards in the Kingdom is concerned, it is important to note that there is no special law pertaining to the implementation of arbitral awards. Therefore, the authority of implementation of such awards granted upon the Court of Grievance and from a practical way foreign arbitral awards are not different from national arbitral awards, whereas, both are implemented by the Court of Grievance in conformity with the same procedures. While the implementation of foreign arbitral awards those are issued in states have no ties concluded with them by the Kingdom pertaining to the implementation of judgements, the awards executed in conformity with the principle of reciprocity. 
ISSN : 1319-0997 
Journal Name : Economics and Administration Journal 
Volume : 14 
Issue Number : 1 
Publishing Year : 1421 AH
2000 AD
 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
عمر أبوبكر باخشب OMAR A. BAKHASHABResearcher  

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