21 Hrs
Source:
الاقتصادية
Reconciliation Resolves $250M Dispute
The "Tadarri" platform, affiliated with the Ministry of Justice, successfully resolved a financial dispute between two companies valued at over 250 million riyals before it reached the court. This was achieved through reconciliation sessions conducted by qualified mediators, ensuring the rights of both parties and preventing the escalation of the dispute to judicial proceedings. Sources confirmed that this initiative reflects the judiciary's ability to provide flexible and swift solutions, which help reduce legal costs and promote a favorable business environment. They also added that the platform includes nine mediation tracks covering various types of disputes.
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