Saudi Arabia opens new civil code court
- Date: 23-Jan-2024
- Source: AGBI
- Sector:Retail
- Country:Saudi Arabia
Saudi Arabia opens new civil code court
Saudi Arabia opened an administrative enforcement court this week that will have binding authority over government entities. The move is part of legal reforms aimed at encouraging foreign investment and assuaging concerns about justice in the kingdom. The new body is an arm of the complaints court where commercial disputes are normally heard, complaints court […]
Authority over government bodies
Arm of complaints court
Aimed at foreign investors
Saudi Arabia opened an administrative enforcement court this week that will have binding authority over government entities.
The move is part of legal reforms aimed at encouraging foreign investment and assuaging concerns about justice in the kingdom.
The new body is an arm of the complaints court where commercial disputes are normally heard, complaints court chief Khaled al-Yousef said at a ceremony in Riyadh on January 22.
“This executive body will encourage the investment environment and social development and tourism,” he said, adding that the court would strengthen justice system reforms including codification aimed at easing life for citizens and residents.
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Saudi Arabia last year enacted a civil code in an effort to provide foreign investors with clarity on doing business in