On 16 April 2012, the Council of Ministers of the Kingdom of Saudi Arabia ("Saudi Arabia") approved the text of a new arbitration law (the "2012 Law") intended to supersede the existing 1983 law (the "1983 Law"). The 2012 Law was published in the Official Gazette (Um al Qura) on 8 June 2012 and came into force 30 days thereafter, on 8 July 2012. The reforms it introduces are expected to overhaul the arbitration regime in Saudi Arabia, in the broader context of the long-awaited reform of arbitration laws in other Gulf countries such as the United Arab Emirates and Qatar.
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