Countdown to RIDW24: Building Investor Trust: A Dive into Saudi Arabia’s Legal Reforms
Kluwer Arbitration
FEBRUARY 22, 2024
This step, however, to some extent, is mitigated by those more restrictive provisions that are influenced by Shariah law in Saudi legislation. Article 41 of the Civil Code also prohibits engaging in negotiations in bad faith, which encompasses actions such as withholding crucial contract information or displaying signs of lack of seriousness.
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