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7,700 Commercial Disputes Resolved via Taradhi Platform, Says Saudi Ministry of Justice

Initiative aligns with the goals of the National Transformation Programme and Vision 2030

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Staff Writer, TLR

Published on April 20, 2024, 14:05:01

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saudi arabia, coomercial dispute, Taradhi

The Saudi Ministry of Justice has successfully resolved 7,700 commercial disputes through the Taradhi conciliation platform by the end of 2023.

The initiative aligns with the goals of the National Transformation Programme and Vision 2030, aiming to simplify and enhance the efficiency of dispute resolution processes.

The Taradhi platform, accessible online, provides a friendly, remote environment where parties can settle their disputes with the help of certified conciliators.

It is designed to improve the investment climate in the Kingdom by offering a legal framework that ensures the validity and enforceability of conciliation agreements. These agreements are binding and can be enforced without litigation if parties do not comply.

For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004Follow The Law Reporters on WhatsApp Channels.

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