His Excellency the Minister of Justice, Dr. Walid bin Mohammed Al-Samaani, affirmed that the Kingdom of Saudi Arabia is witnessing a qualitative transformation in its judicial and legislative system, noting that the rapid developments in this sector have directly contributed to consolidating the position of arbitration and alternative dispute resolution as strategic and reliable options for the business sector.

Enhancing legal certainty at the International Arbitration Conference

His Excellency's remarks came during his active participation in the first dialogue session of the Fifth International Conference on Commercial Arbitration, entitled "National Strategy and Global Confidence: Enhancing Legal Certainty and Investor Confidence." The Minister highlighted the strong synergy between the Kingdom's legal, judicial, and financial strategies, explaining that this integration was not accidental, but rather the product of an ambitious vision aimed at building a safe and stable investment environment.

Historical background: A legislative revolution in line with Vision 2030

These statements come amidst an unprecedented legislative movement in Saudi Arabia, driven by the goals of Vision 2030. Over the past few years, the Kingdom has worked to issue and update a range of specialized legislation, such as the Civil Transactions Law, the Evidence Law, and the Companies Law, which have formed a robust legal infrastructure. These reforms have not only aimed to expedite litigation but have also focused fundamentally on "legal certainty," something both foreign and domestic investors seek to guarantee their rights and anticipate the outcomes of their contracts with clarity and transparency.

Figures reflecting confidence: A leap in the enforcement of arbitration rulings

In the language of numbers that reflect the reality of change, Dr. Al-Samaani revealed a remarkable statistic, as the system for implementing arbitration rulings recorded a remarkable growth of 43% during the year 2025. The most significant thing is that commercial arbitration accounted for 50% of this percentage, which is a strong indicator of the increasing confidence of companies and investors in arbitration as a fast and effective way to resolve disputes away from the corridors of traditional courts, supported by the unification of enforcement jurisdiction which eliminated the fragmentation of procedures.

Preventive justice: The future of contractual stability

On another front, the Minister of Justice emphasized that the Ministry is committed to expanding the scope of "preventive justice," a modern concept aimed at preventing disputes before they arise through the documentation of rights. He noted that more than one million electronic contracts have been documented, benefiting over 1.2 million individuals. This approach not only reduces the burden on the courts but also enhances the stability of commercial transactions and mitigates investment risks, making the Kingdom an attractive destination for global capital seeking a clear and efficient legal environment.

The Minister of Communications and Information Technology, Engineer Abdullah bin Amer Al-Swaha, affirmed that the Digital Cooperation Organization has become a pivotal player in shaping the features of the new global economy, revealing the growing impact of member countries that represent about 10% of the total world population and contribute approximately $3.6 trillion to the global economy, while achieving remarkable growth rates that exceed the global average, reflecting the success of the digital strategies adopted.

Rapid growth of billion-dollar companies

In his address to the Digital Cooperation Organization's General Assembly meeting in Riyadh, Al-Swaha explained that the enabling environment created by the organization's member states has directly contributed to the emergence of 16 billion-dollar companies (unicorns), in addition to numerous other successful entrepreneurial models. He noted that the organization's member states are now home to more than two million technology specialists, representing a vast human resource capable of leading the digital transformation.

The minister stressed the importance of strengthening joint international action to build an inclusive and sustainable digital future based on trust, empowering young talents, and harnessing advanced technologies, especially artificial intelligence, to serve humanity and drive economic development.

Praise for Kuwait's role and artificial intelligence initiatives

Al-Swaha praised Kuwait's leading role during its presidency of the organization, commending the significant initiatives launched, including efforts to combat disinformation and enhance the flow of reliable data across borders. He also highlighted the launch of the "Responsible Artificial Intelligence" framework, a strategic step towards strengthening the reliability of the global digital environment and ensuring the ethical and safe use of technology.

Saudi global achievements

In reviewing national achievements, Al-Swaha emphasized that Saudi Arabia has made significant strides in the digital economy, citing prominent scientific and research accomplishments. He highlighted the first Nobel Prize won by a researcher from the region for developing AI-based solutions in chemistry, underscoring the immense potential of future technologies in addressing complex scientific challenges.

The minister also touched on the historic achievement of the first Arab Muslim woman participating in a scientific mission to the International Space Station, where she contributed to conducting advanced medical research, reflecting the Kingdom’s commitment to empowering women in the science, space and technology sectors.

Investing in the infrastructure of the future

The Minister of Communications and Information Technology concluded his remarks by emphasizing the need to continue investing in advanced digital infrastructure and to strengthen international partnerships to support the growth of the digital economy in the smart era. He noted that achieving sustainable digital growth requires concerted efforts to serve humanity and ensure the prosperity of the global economy amidst rapid technological changes.