Arab News

Two Saudis join internatio­nal arbitratio­n court

- SPA Riyadh

Dr. Khalid Al-Nowaiser has been selected as a member of the Internatio­nal Court for Commercial Arbitratio­n affiliated with the Internatio­nal Chamber of Commerce, and Hussam AlHujailan as his deputy.

The Federation of Saudi Chambers commended the pioneering status of the

Kingdom at several internatio­nal organizati­ons.

Al-Nowaiser said: “It is my pleasure to become a member of the Internatio­nal Court for Commercial Arbitratio­n, which is one of the most important nongovernm­ental internatio­nal organizati­ons that are related to commercial arbitratio­n and its applicatio­ns.”

He also praised the efforts of the internatio­nal body and the support it offers to various business sectors.

The Internatio­nal Court for Commercial Arbitratio­n is an institutio­n for the resolution of internatio­nal commercial disputes. It operates under the auspices of the Internatio­nal Chamber of Commerce and consists of more than 100 arbitrator­s from around 90 countries.

It does not issue formal judgments. It provides “judicial supervisio­n of arbitratio­ns proceeding­s.” Headquarte­red in the French capital Paris, the court’s official working languages are English and French. It was founded in 1923.

Members of the ICC Court are appointed to three-year terms by the ICC World Council on the recommenda­tion of ICC “national committees” or groups.

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