Saudi Arabia will lobby the UK government as early as November to set up a confidential court in London that would settle multimillion pound commercial disputes arising from the Middle Eastern kingdom.
The Saudis hope that a London-based arbitration centre would help counter investor concerns about the Saudi Arabian legal system and thus boost foreign investment into the kingdom.
If the plans are realised, the court could hear some of the most high-value and sensitive legal claims in the world.
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