Alqanoni

Law of Arbitration

Art. 42
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. The arbitration award shall be made in writing and shall be reasoned and signed by the arbitrators. In case of multiple arbitrators, the signatures of the majority of arbitrators shall be sufficient, provided that grounds for the lack of signatures of the minority be recorded in the minutes. 2. The arbitration award shall include the date of pronouncement and place of issuance; the names and addresses of the parties to the dispute; the names of the arbitrators as well as their addresses, nationalities, and capacities; a summary of the arbitration agreement and of the parties' statements, pleadings, and documents; a summary of the expert report (if any); and a text of the award. The award shall also determine the arbitrators’ fees, costs of arbitration, and their distribution between the parties, without prejudice to the provisions of Article 24 of this Law.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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