Hammad & Al-Mehdar Law Firm’s Post

One of the key regulatory provisions in the Saudi investment Law, which will come into effect on 16/02/2025, relates to alternative dispute resolution mechanisms as referenced in Article 10 of the Investment Law 2024. Investors may agree to resolve their disputes through alternative dispute resolution methods, including arbitration, mediation, and conciliation. This means that the disputing parties can choose one of the international laws to be considered as a reference for resolving the dispute, as an alternative for The relevant local law in the Kingdom of Saudi Arabia. #consultation #BusinessProtection #legalconsultant #entrepreneur #EmployeeServices #HathiqSolutions #GovernmentRelations #investing #LuxuryLiving #PremiumResidency #YourBusinessCompanion #TogetherTowardsSuccess #HRChallenges #ContactUs #PayrollManagement #StrategicPartners #SaudiArabia #HQSolutions #TradeInSaudi

"Commercial Law Practice in Saudi Arabia: A Journey of Opportunity and Innovation" Navigating the intricate web of commercial law in Saudi Arabia isn't just about understanding regulations—it's about embracing the pulse of innovation and opportunity that defines the Kingdom's burgeoning economy. As legal practitioners, we're not merely advisors; we're catalysts for progress, facilitating transactions, resolving disputes, and safeguarding the integrity of business dealings in a rapidly evolving landscape. From the visionary reforms outlined in Vision 2030 to the ever-expanding global partnerships, Saudi Arabia presents a compelling tapestry of challenges and triumphs for commercial law practitioners. Whether it's advising on cross-border investments, pioneering sustainable practices, or championing ethical standards, our role transcends mere legalities; it's about shaping the future of commerce with integrity and foresight. Embracing technology isn't just an option; it's a necessity in today's digital age. As we harness the power of AI, blockchain, and other disruptive technologies, we're not just streamlining processes—we're redefining the very essence of legal practice, empowering clients to navigate complexities with efficiency and confidence. Moreover, diversity and inclusion aren't just buzzwords; they're fundamental pillars of progress. By fostering diverse talent and perspectives within our teams, we not only enrich our collective expertise but also ensure that our solutions resonate with the diverse tapestry of businesses and communities we serve. As we embark on this exhilarating journey of commercial law practice in Saudi Arabia, let's embrace change as our constant companion, adaptability as our greatest asset, and innovation as our guiding light. Together, let's carve a path that doesn't just meet the demands of today but paves the way for a brighter, more sustainable tomorrow. #CommercialLaw #SaudiArabia #Innovation #Opportunity #Vision2030 #LegalTech

An insightful Q&A by our Senior Associate, Jana Kazan, in collaboration with Thomson Reuters MENA, offers a comprehensive guide to navigating Intellectual Property Law in Saudi Arabia. 🔍 Covering essential topics such as Intellectual Property transactions, licensing, research and development, IP audits, M&A aspects, lending and security interests, settlement agreements, and enforcement; All designed to help businesses protect and maximize their intangible assets in today's competitive market. 💡 Stay ahead in the world of IP — click to explore! 👇 #IntellectualProperty #lawfirm #legal #Vision2030 #saudilaw #IP #saudiarabia

Looking to invest in Saudi Arabia? Look no further! Our firm specializes in Foreign Investment Law, offering expert guidance on navigating Saudi laws and regulations. From mergers to acquisitions, we've got you covered. Our experienced team ensures smooth sailing through the complexities of international investment law, maximizing returns and minimizing risks. Trust Saeed AlGhamdi and his team for your Saudi investment journey. #foreigninvestment #saudiarabiclaw #internationalinvestment #legaladvice #investmentstrategy #legalexperts #saudiinvestment #lawfirm #lawyer #law #attorney #legal #lawyers #justice #attorneyatlaw #attorneys #litigation #advocate #legalservices #lawyering #court #attorneylife #lawstudents #lawfirm #alghamdilawyers #saeedalghamdi

Emmerson shares jump as it lands litigation funding agreement @emmerson_plc #AIM #EML. Emmerson PLC (AIM:EML) shares rose on Thursday after it announced it had secured a Capital Provision Agreement (CPA) with a specialist litigation funding firm. It will provide up to $11 million of non-recourse funding to cover Emmerson’s arbitration costs and working capital needs. The funds, made available in tranches, will support Emmerson’s arbitration under the Bilateral Investment Treaty between the UK and Morocco, following a dispute with the Moroccan government. The litigation finance provider will not receive any return if the claim is unsuccessful. Emmerson also... http://ow.ly/3gCy105VMA0

Saudi Arabia's updated investment law now offers alternative dispute resolution methods like arbitration, mediation, and conciliation. This change is designed to make resolving conflicts more flexible and efficient, complementing traditional court procedures. Read our latest blog to discover more about these updates and their impact on your investments. 🔗https://shorturl.at/Oo4bw

Oxford Business Group (OBG) and Eyad Reda Law Firm LLP. (ERLF) have signed a partnership agreement aimed at deepening insights into Saudi Arabia's evolving legal framework and its impact on the economy, business and investment environment. This collaboration, formalised through a Memorandum of Understanding (MoU), will see ERLF provide valuable insights into the Kingdom’s legal framework for the forthcoming edition of The Report: Saudi Arabia 2024.   As OBG's partner for the legal framework chapter, ERLF will provide in-depth analysis of recent developments and reforms in the Saudi legal and regulatory landscape. The chapter will offer insightful perspectives on the implications of these changes for businesses and investors operating in Saudi Arabia, as policymakers work to promote transparency, efficiency and competitiveness in support of Vision 2030 objectives.   Eyad Reda, Managing Partner of ERLF, highlighted the firm's commitment to delivering comprehensive and informative analysis.   “We welcome the opportunity to partner with OBG in providing a thorough examination of Saudi Arabia's legal landscape. The aim is to provide comprehensive insights that empower decision-makers with the knowledge to effectively navigate the evolving legal terrain, and to promote an environment conducive to business growth and investment," he noted.   Büşra Karacadağ, OBG's Country Director for Saudi Arabia, highlighted the importance of the partnership in providing actionable intelligence to OBG's readership of investment and business decision-makers.   "Our collaboration with ERLF underscores our commitment to delivering impactful analysis for The Report: Saudi Arabia 2024. By leveraging ERLF's expertise, we aim to provide readers with critical insights into the legal framework that can facilitate informed decision-making," she added.   The Report: Saudi Arabia 2024 also benefits from the expertise and collaboration of other esteemed partners. These include the King Abdulaziz City for Science and Technology (KACST) , the Research, Development and Innovation Authority (RDIA) and HSBC.   The Report: Saudi Arabia 2024 represents the culmination of over six months of extensive research conducted by OBG's team, featuring exclusive interviews with key stakeholders from government entities, chambers of commerce and leading corporations. Readers can anticipate gaining invaluable insights into Saudi Arabia's legal landscape and its implications for business and investment. #vision2030 #saudiarabia #economicreport #legalframework

Last but not least, we are thrilled to present "The Future of Investment Arbitration in the Middle East" as one of our final panels at the Kuwait Business Law Forum. This discussion will address the evolving role of investment arbitration in the region, focusing on its critical role in resolving disputes and fostering economic growth. Our panel of experts will explore current trends, challenges, and the way forward in navigating this essential aspect of international business law. Don't miss this opportunity to stay ahead of the curve in the world of investment arbitration. LexisNexis Middle East LexisNexis #YFLG #LexisNexis #KBLF2024 #RuleOfLaw #Kuwait

Eyad Reda Law Firm LLP Partners with Oxford Business Group on Saudi Arabia's Vision 2030 Legal Landscape for the forthcoming edition of The Report: Saudi Arabia 2024. Stay tuned for insights from our legal experts! #erlf #2030

Investment arbitration has emerged as a pivotal mechanism for resolving disputes between investors and states. For Saudi Arabia, this is particularly relevant as the Kingdom advances its Vision 2030 initiatives, attracting substantial foreign direct investment (FDI) into its diversified economy. Key Features of Investment Arbitration in Saudi Arabia 1- Legal Framework: Saudi Arabia has embraced a pro-arbitration stance, incorporating principles aligned with international standards. The Saudi Arbitration Law, modeled after the UNCITRAL Model Law, provides a robust legal foundation. Furthermore, the Kingdom is a signatory to key treaties, including the ICSID Convention and over 20 Bilateral Investment Treaties (BITs), which include provisions for investor-state dispute settlement (ISDS). 2- Arbitration-Friendly Reforms: The Kingdom has taken significant steps to modernize its arbitration environment: The Saudi Center for Commercial Arbitration (SCCA) offers advanced rules inspired by global best practices, incorporating transparency and neutrality in arbitration processes. Efforts to ensure quicker enforcement of arbitral awards have strengthened investor confidence, with domestic courts aligning with international arbitration norms. 3- Trends in Investment Disputes: Saudi Arabia has been involved in several ISDS cases, including disputes with major international corporations. some cases have been settled which underscores the Kingdom's role in shaping investment dispute resolution practices in the region. 4- Economic Impact: With over $18 billion in FDI inflows in KSA in 2021 and a commitment to achieving $100 billion annually by 2030, arbitration mechanisms play a critical role in mitigating risks and ensuring investor confidence. Why Investment Arbitration Matters for Saudi Arabia? Investment arbitration serves as a cornerstone for fostering a business-friendly environment. It ensures that foreign investors can address disputes through a neutral, efficient, and enforceable process. As Saudi Arabia continues to attract global investments, its arbitration framework will be instrumental in bolstering economic stability and international partnerships. To Sum up, Saudi Arabia's strategic reforms in investment arbitration align seamlessly with its economic transformation goals. By bridging global standards with local principles, the Kingdom is poised to remain a leading hub for resolving investment disputes in the Middle East. This approach ensures both investors and the state benefit from a balanced, equitable framework that supports sustainable growth. At Faisal Al Moshawah Law Firm, we support our clients by providing innovative and effective legal solutions to resolve investment disputes, in accordance with the laws and regulations in force in the Kingdom of Saudi Arabia, and international laws and standards. #InvestmentArbitration #KSA #Investment