SAUDI ARABIA

Commercial court in Makkah by next August

December 23, 2018

Saudi Gazette report

MAKKAH
— The Ministry of Justice will establish a commercial court in the holy city of Makkah. The court is expected to be ready for operation next August, the ministry said in a press statement.

The new court will be the latest addition to the list of commercial courts launched recently in Riyadh, Jeddah and Dammam as well as chambers and appellate panels in several Saudi cities.

“Those commercial courts will be supporting and helping businesses grow and prosper, ensure trust and stability in the economy, and motivate investment and economic development in line with the Vision 2030 objectives,” the ministry said. “It will also help in swift determination of commercial disputes.”

According to the latest statistics by the ministry’s data portal, the commercial courts have issued 2,697 rulings in the past month.


December 23, 2018
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