ADR is an essential pillar of all well-functioning legal systems. Consumers and businesses, investors and states – all benefit from the ongoing efforts of various industries, professions and governments to promote the use of and best practices in the ADR industry, locally and internationally. These ongoing and sustained efforts enchain the processes and ensure better quality outcomes. All these initiatives have a positive impact in the creation of a reliable investment environment for both national and foreign investors. Saudi Arabia has exerted significant, multifaceted efforts to develop ADR mechanisms. Cabinet Resolution (No. 257) 2014 establishing the Saudi Center for Commercial Arbitration represented a major positive sign in moving towards international-standard institutional arbitration in the Kingdom.
The Saudi Center for Commercial Arbitration plays a crucial role in the realization of Saudi Vision 2030 and the National Transformation Program (NTP). SCCA provides several efficient ADR mechanism in accordance with the best international best practices in order to develop a better investment environment while also enhancing the rule of law.
The International Conference on Institutional Arbitration (SCCA18) is organized in cooperation with the world’s leading international arbitral institutions and strategic partnerships with Saudi Ministries of Justice & Commerce and Investment together with the support of the Council of Saudi Chambers and the private sector.
The Conference presenters and participants are among the leading international and national experts and further exemplify the commitment to developing the arbitration industry in the Kingdom and beyond.