Saudi Arabia has announced plans to establish specialized courts to address business and investment disputes, reinforcing its position as a global business hub under the Vision 2030 framework. This initiative aims to enhance trust in the Kingdom’s legal system while fostering a secure and investor-friendly environment.
The Ministry of Investment, in collaboration with the Federation of Saudi Chambers, conducted a survey to assess the need for these judicial bodies across various key sectors. These courts are expected to align with Saudi Arabia’s broader legislative and judicial reforms, ensuring streamlined dispute resolution and promoting market confidence.
This development is part of a broader strategy to attract foreign investments, supported by recent legislative overhauls, including the introduction of a unified framework for commercial rights, property and intellectual property protections, and simplified regulatory processes.
These efforts reflect the Kingdom’s commitment to creating a transparent and competitive market, guaranteeing equal opportunities for domestic and international investors. With transformative projects, infrastructure enhancements, and job creation, Saudi Arabia continues to solidify its status as a leading global investment destination.
For more updates on developments in Saudi Arabia, contact us at news@sabaip.com.