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The Second International Conference on Commercial Arbitration Calls for Consolidating the Foundations of Industry and Diversifying Arbitration Practices
The Second International Conference on Commercial Arbitration concluded here yesterday. The conference themed "The Development of Arbitration in the Middle East and North Africa in Reality and Ambition" was held in the presence of Minister of Justice, president of the Supreme Judicial Council Sheikh Dr. Walid bin Mohammed Al-Samaani, Minister of Finance Mohammed bin Abdullah Al-Jadaan and with the participation of 37 speakers. The second edition of the conference is organized by the Saudi Center for Commercial Arbitration (SCCA) in partnership with the International Center for Dispute Settlement (ICDR), the international arm of the American Arbitration Association (AAA), in order to highlight the international status of the commercial arbitration industry in the Kingdom of Saudi Arabia. The conference highlighted the importance of institutional arbitration in economic transformation and encouraging safe investment, noting that SCCA is the national icon of the institutional arbitration industry in the Kingdom and a central player in this sector at the regional level.