Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    Harris tells supporters 'never give up' and urges peaceful transfer of power    Italy's 'Libra' to arrive in Albania with just eight migrants on board    South Africa shuts border crossing with Mozambique over poll unrest    French families sue TikTok over harmful content that allegedly led to suicides    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Neymar suffers muscle tear, out for 4-6 weeks    Arab leaders and heads of state congratulate US President-elect Donald Trump    Building the future of the region's leading aviation hub Saudi Airport Exhibition 2024 to be held on Nov. 11-12    Crown Prince, Pakistan Army Chief discuss ways to enhance military cooperation    Crown Prince hails Saudi medical team that performed world's first fully robotic heart transplant    King Salman and Crown Prince congratulate Trump on winning US presidential election    Heavy Equipment and Truck Show to spotlight Tata Motors' cutting-edge mobility solutions    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Top climber falls to death after rare Himalayan feat    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Minister of Justice Concludes his Visit to China
Published in Saudi Press Agency on 11 - 01 - 2018

Justice Minister and Chairman of the Supreme Judicial Council Sheikh Dr. Waleed Al-Sama'ani concluded today his visit to the People's Republic of China.
During the visit, he held several strategic talks with various Chinese senior officials in the field of judicial cooperation between the Kingdom and China .
Al-Sama'ani explained that the Kingdom of Saudi Arabia has complemented its field and intellectual efforts in the fight against terrorism, with all those involved in this crime being held accountable through clear, fast and accurate judicial procedures.
He pointed out that the relations with China in the judicial field had become more important with the increase of trade exchange between the two major countries in Asia; the steps were encouraged by the leaders of the both countries, especially after the recent successful visits made by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and His Royal Highness Prince Muhammad bin Salman bin Abdulaziz Al Saud, the Crown Prince, Vice President of Council of Ministers, Minister of Defense which had developed a strategic agreement reviving the ancient Silk Road, a symbol of trade exchange between China and the Arabian Peninsula throughout the ages. This success intersected with ambitious Saudi Vison 2030, which aimed at making use of the Kingdom's strategic location for economic development and prosperity.
Sheikh Dr. Al-Sama'ani presented an overview of the Saudi justice system and its guarantees complying with internationally recognized fair trial standards. He also discussed the three levels of litigation in the Kingdom, which were among the most important guarantees of the Saudi justice system.
He explained that adjudication of trade disputes had two tracks. The first track was settlement through the commercial judiciary represented by the Specialized Commercial Court, which was recently assigned in line with the Kingdom's steps towards improving and expediting the commercial justice system to suit major Saudi Vision 2030 projects. The second track was settlement through commercial arbitration, as the Kingdom had recently established the Saudi Center for Commercial Arbitration, which would take care of swift dispute settlement and procedural flexibility and effectiveness.
Dr. Al-Sama'ani said that commercial judicial work was governed by many laws characterized by flexibility, efficiency, and constant development due to the speed and development required by commercial cases since time was very important for traders. Saudi commercial laws aimed at swift and fair determination of disputes. The Kingdom had Corporate Law and many other commercial codes, which the Kingdom was keen on developing, restructuring and correcting to comply with any changes and developments. The Kingdom was also about to adopt regulations that supported business, such as the Bankruptcy Law, expected to be released soon.
"Regarding the enforcement of rulings, the Kingdom has established special courts to enforce various judicial rulings, commercial papers and documents recognized as execution writs under the Enforcement Code and its executive regulations. These courts guarantee swift enforcement and restoration of rights via several methods they are empowered to adopt," Al-Sama'ani added.


Clic here to read the story from its source.