The final Law Update of 2022 is here, and it’s packed full of articles. The double edition features two focus areas, first is a spotlight on Energy and Resources and second we feature a collection of articles on Transport and Logistics. The developments occurring in these sectors in the MENA region are unprecedented and our lawyers cover vast themes for you.
The Energy and Resources focus features topics such as diversifying energy resources, solar PV, mining in the Middle East, renewable energy and green hydrogen. From a transport perspective, we draw attention to the Bahrain metro project, discuss the challenges and remedies associated with the repossession of an aircraft, and there is advice on what to consider should a party vary the terms of a shipping contract.
This edition navigates you through updates from across jurisdictions such as, Oman, Jordan, Saudi Arabia, Egypt, Iraq, Qatar, and the UAE. Each article is timely and provides insights into legal issues and cases that are affecting these sectors across the region.Read the full edition
The Kingdom of Saudi Arabia has recently issued a Judicial Costs Law (the “Law”), which will come into effect on 10 Shaaban 1443 AH corresponding to 13 March 2022 AD. Judicial costs refer to the initial fees that the plaintiff is obliged to pay to the relevant department accompanying the filing of the lawsuit with the courts.
Given that time and cost are essential factors in all litigation issues, we believe that it is necessary for our clients to participate in the new decisions in the Kingdom of Saudi Arabia, especially with regard to fees and costs of litigation before the competent Saudi Arabian courts, as it is an essential element in making future decisions and planning for the long and short term when filing any lawsuit before the courts in Saudi Arabia or when you submit other requests before the courts.
From this point of view, we want to raise awareness and are here to assist and advise businesses in making any decision regarding the timing of filing potential lawsuits. Any such lawsuits should be submitted before the specified date in order to avoid any future expenses that may apply after the date of the Law coming into effect.
After the Law is implemented, judicial costs will be imposed on lawsuits and requests to the amount not exceeding 5% of the value of the claim and with a maximum amount of 1,000,000 SAR.
The provisions of the Law shall also apply to all cases and requests submitted to the courts, except for the following:
Judicial costs are also imposed on requests, which refers to all that is submitted by litigants and others before the courts, given it is not included in the lawsuit, as the costs vary according to the type of request.
For more information, please contact our team, who are ready to answer all your inquiries.
For the Arabic version, read here