With giga-projects at the forefront of its construction industry, the eyes of international contractors and foreign investors alike are on the Kingdom of Saudi Arabia (“KSA”). But as with all construction projects of significant scale and complexity, disputes are unavoidable. With the introduction of the new arbitration rules of the Saudi Center for Commercial Arbitration…

In 2006, the ICSID Arbitration Rules were amended to allow a party to make a preliminary objection to claims that are “manifestly without legal merit.” The procedure for this objection is embodied in Rule 41(5). An ICSID Tribunal composed of Dr. Briner (President), Professor Stern and Professor Böckstiegel, in Brandes Investment Partners, LP v. Venezuela…