Saudi Arabia names arbitration center representative
Al Shethri, the vice chairperson of Riyadh’s Chamber of Commerce and chairperson of CSC’s National Committee on Labor Affairs, expressed his thanks for being entrusted to the position, adding that he will give his all to the role.
He also said that it was crucial and urgent for him and his colleagues to achieve their goals in settling commercial disputes.
The GCC Commercial Arbitration Center, established in 1993, is a regional arbitration authority, meaning it settles disputes regardless of the country of origin. It is independent from the six GCC member states, which allows it to have administrative, financial and technical freedom. Its regulations are not subject to control, and its procedures cannot be challenged, facts that help accelerate the implementation of provisions.