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Appellate Courts Reject 90% Arbitration Cancellations
A joint report by the Saudi Center for Commercial Arbitration and UNCITRAL revealed that Saudi appellate courts rejected approximately 90% of annulment claims against arbitral awards, strictly applying the grounds specified in Article 50 of the Saudi Arbitration Law. The analysis confirmed that courts enforce narrow procedural review, reflecting a judicial approach that supports arbitration and enhancing the Kingdom’s reputation as a hub for international commercial arbitration.
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