Arbitration Clause in Contracts Arbitration Clause in Construction and Business Contracts: A Guide for Saudi and International Companies In construction and business contracts involving Saudi and international companies, arbitration clauses play a crucial role in resolving disputes efficiently and fairly. This article delves into the significance of arbitration clauses, key Saudi regulations, and best practices for drafting such provisions, alongside links to official resources. رفع دعوى قضائية في السعودية 2023 |الشروط – الطريقة – ونموذج عنها What is an Arbitration Clause? An arbitration clause is a contractual provision requiring disputes to be resolved through arbitration rather than traditional litigation. This clause outlines essential details, such as the governing arbitration rules, the location of arbitration, and the arbitration institution (e.g., the Saudi Center for Commercial Arbitration
Tag: 8 mandatory points of an Employment Contract
The Ministry of HR has set 8 compulsory points which every employment contract must have in Saudi Arabia. An employment contract sets the rights and responsibilities of both the employer and employees and therefore, it should be carefully drafted. 8 mandatory points of an Employment Contract In accordance with article 52 of Labor System, an employment contract in Saudi Arabia should clearly state: The date of joining the work. The salary, benefits, and allowances agreed upon by both the employee and employer. The name of the worker along with his nationality. The residence address of the worker. The fixed time duration of the contract. The required documents to prove the identity of the employee. The name of the business and the location where the business