Establishing an Economic Court in the Kingdom of Saudi Arabia as a Part of Achieving Vision 2030

The Kingdom of Saudi Arabia has undergone significant improvement since announced changed most of Saudi Arabia’s systems and rules to keep the country up with the times with other countries to achieve Vision 2030. One of the most significant changes was in the jurisdiction system. After the announcement of Vision 2030, many achievements, projects, and developments have been achieved, including the development of the judiciary system. One of the most important achievements that have been achieved is the development of the commercial court system in a manner that enhances the speed of settlement of commercial disputes due to the requirements of this type of case speed. The system will also help in consolidating the institutional justice methodology, and gives flexibility in commercial agreements related to adjudication, and flexibility in proof in proportion to the nature of business if this does not prejudice the public order and the rules of justice. But the obstacle in this system appears in some of the commercial cases, with the growth of an economy and encouraging investment. Therefore, there must be a competent court to attract the confidence of investors. Moreover, The Kingdom of Saudi Arabia issued the privatization system to achieve Vision 2030 to support economic growth in the country. Where government ministries are affiliated with commercial companies on the one hand and are governmental in their organization on the other. This system needs an economic court to consider cases of this kind. Because One of the most essential goals of Vision 2030 is to focus on the economy and attract investment.