India and Iran reached an agreement on the international arbitration clause in regards to the Chabahar Port disputes
India and Iran have a long history of diplomatic and economic ties. India has an interest in developing the Chabahar port in Iran, which provides access to the Indian Ocean while bypassing Pakistan, which is currently blocking India and Afghanistan’s commercial access to each other. India’s plans to invest in and develop the port have […]
The Iran-Saudi Think Tank for Economic Cooperation at Tehran Chamber of Commerce, Industries, Mines, and Agriculture welcomed the Oriental Legal Solutions Team as a new member
We’re thrilled to share the news that the Oriental Legal Solutions Team has become a part of the Iran-Saudi think tank for Economic Cooperation at Tehran Chamber of Commerce, Industries, Mines, and Agriculture ! We are proud to contribute to this platform and work towards progress and solutions for economic issues between the two countries. […]
The 2022 Annual Report from the Dubai International Arbitration Center (DIAC) released.
The 2022 Annual Report from the Dubai International Arbitration Center (DIAC) in the United Arab Emirates has been released. DIAC’s Annual Report demonstrated steady increases in case registrations throughout the previous years. 2020 had 231 cases in comparison to 276 in 2021 and 340 in 2022; a 20-23% increase annually. Notably, 44% of these cases […]
Arbitration Center of Iran Chamber ACIC Statistical Report; 2022-2023
The Arbitration Centre of Iran Chamber (ACIC) is the largest and oldest arbitration centre in Iran established by virtue of legislation in 2002. It is the only private arbitration centre in the country. The ACIC registered 175 new cases in 1401 (2022-2023), the highest number in the ACIC history. An increase of 25% and 88%, […]
Saudi Arabia’s Accession to the United Nations Convention on Contracts for the International Sale of Goods (CISG)
The Saudi Arabian government approved the Kingdom’s accession to the United Nations Convention on Contracts for the International Sale of Goods (CISG) on 22 June 2023 in order to implement regulatory and legislative frameworks that are in line with international standards for cross‑border trade, as a step towards integrating its economy with regional and global […]