Asharqia Chamber: Developing the system of legislations enhances competitiveness, attracts investments, and increases business efficiency
The Chairman of the Asharqia Chamber, Abdul-Hakim bin Hamad Al-Ammar Al-Khalidi, said that the announcement of His Highness the Crown Prince to work during the current year to develop the system of specialized legislation, but rather enhances the competitiveness of the Kingdom and increases the reliability of its judicial and procedural systems, and improves its control mechanisms, which is reflected in the Facilitating the economic movement in the country, attracting investments and raising business efficiency in general.
His Royal Highness Prince Mohammad bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, and Minister of Defense announced the beginning of the development of the legislative system for each of the personal status system, civil transactions, penal system for discretionary penalties, and the draft Evidence system, respectively during the current year.
Al-Khalidi valued the announcement of His Highness, the Crown Prince, pointing out that the Kingdom is taking balanced steps towards reform at all levels, within a vision aimed at reaching development in its comprehensive sense, whether in terms of legislative, organizational, or procedural, following international standards, and line with the needs and aspirations of society, raising thanks and appreciation To the Custodian of the Two Holy Mosques and His Highness, the trustworthy Crown Prince - may God protect them - for their tireless endeavors towards strengthening the Kingdom's high position among nations, raising the efficiency of its judicial and procedural systems, improving the quality of life for its residents, and establishing principles of justice and transparency.
Al-Khalidi stressed that the work on developing the legislative system confirms the extent of the keenness that the wise leadership attaches to achieving comprehensive development, and its belief that it is a target that can only be reached by continuing work on development and modernization in line with global developments, and in line with the Kingdom's principles and Islamic values, pointing to The development of a system of specialized legislation will positively affect interactions between individuals and each other, enhance the position of the family in society and reinforce the cohesion of its structure, as well as its expanding implications for the business environment, including increased reliability and establishing civil and commercial rights.
