An important legislative development will take effect in three months’ time: claims to enforce commercial rights that arose prior to the entry into force of the Commercial Courts Law on 24/10/1441H (corresponding to 16 June 2020) may not be heard after 24/10/1446H (corresponding to 22 April 2025), except in limited circumstances.

It is therefore imperative that you review all potential commercial claims against relevant counterparties in the next few weeks in order to preserve your rights.

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