Commercial courts to boost investment in Saudi

Justice Minister Walid Al-Samaani has officially launched the commercial courts after they had started to operate on Muharram 1 of this year. The justice minister said the new measures would uphold the rights of the people and ensure a sound business environment.

Al-Samaani said that the ministry had launched the “paperless court” project, which cut down around 45 percent of procedures, and shortened the period for execution of judicial orders from two months to only 72 hours.

He said that the ministry had started the gradual implementation of the e-link between the courts of first instance and appeals courts to electronically transfer the full case. Al-Samaani, who is also the Supreme Judicial Council chairman, said the three commercial courts in Riyadh, Jeddah and Dammam would help enhance the business environment, encourage investment and boost economic development, in line with the objectives of Saudi Vision 2030.

Source Credit: Arab News
Read full story: http://bit.ly/2gqR7lj

Comments

comments

- Advertisement -