Modernisation of Saudi’s Legal Framework Since Covid-19
Modernisation of Saudi’s Legal Framework Since Covid-19 In line with its Vision 2030 strategy, Saudi Arabia has undertaken a series of reforms to diversify the economy and remodel laws. Additionally, the pandemic accelerated these changes, including the development of the legal system. Here we take a look at the modernisation of Saudi’s legal framework since […]
Dispute Avoidance In Saudi Arabia: Tips & Considerations
Dispute Avoidance In Saudi Arabia: Tips & Considerations In Saudi Arabia, organizations continue to expand across a wide range of sectors in line with the country’s vision 2030 goals. However, certain projects may encounter conflicts that will require a dispute avoidance approach. In this article we will examine some of the key dispute avoidance strategies […]
Advantages of Outsourcing Accounts Receivables
Advantages of Outsourcing Accounts Receivables Usually referred to as debtors, Accounts Receivables (AR) are dues from clients or credit customers.In many cases, firms lack the expertise or experience to manage debt costs over time. In order to improve cash flow, the company needs a trustworthy partner to assist with internal accounts receivable administration. Here are […]
How to Streamline Your Debt Collection Process
How to Streamline Your Debt Collection Process A debt collection strategy is important to ensure any business can collect outstanding payments from clients. Here are 4 ways you can streamline your debt collection process. 1. Conduct due diligence Before you extend any kind of service to a potential client, collect all necessary background information regarding […]
Reshaping The Future: The New Enforcement Law in Saudi Arabia
Reshaping The Future: The New Enforcement Law in Saudi Arabia In recent years, Saudi Arabia has made significant changes to its policies and legislation, in line with international best practices. This includes The New Enforcement Law, which was issued in 2013 through Royal Decree No. M53. (1) The Law introduced revisions that impact domestic and […]
Can you protect your receivable with a promissory note?
Can you protect your receivable with a promissory note? https://fuelcollect.com/wp-content/uploads/2023/01/file-2.mp4 Hello, this is a short video designed from a series of educational videos to give you the knowledge that you require to enhance your collection practices. We will talk in this video about promissory notes under Saudi law and their role as an executing document […]
Saudi Arabia Passes New Court Cost Law
Saudi Arabia Passes New Court Cost Law https://fuelcollect.com/wp-content/uploads/2023/01/file.mp4 Saudi Arabia announced its intention to pass a new court cost law that will change the dynamics of the litigation system and will cause litigants to analyze their claims well. the video summarizes most common questions about the law. we are happy to assist you Quick Contact […]
Five Star Service from the Saudi Arabian Ministry of Justice – Call Center (1950)
Five Star Service from the Saudi Arabian Ministry of Justice – Call Center (1950) The Saudi Ministry of Justice has launched a customer service center which can be reach by dialing 1950. The center aims to answer all questions of its users including residents and citizens in Saudi Arabia. for example, a resident or […]
What documents you need to provide us to collect your debt and win your case in Saudi Arabia?
What documents you need to provide us to collect your debt and win your case in Saudi Arabia? In order to start collecting debts efficiently, our experienced staff will request you to provide certain information proving the debt the debtor owes you, which we will set out step by step below. 1. Documents showing […]
A History of Debt Collection
A History of Debt Collection The Debts of Babylon The earliest record of commercial debt collection comes from ancient Babylon, around 2300 B.C. It protected debtors’ rights and allowed creditors to recoup delinquent accounts. Colonial America: In 17th century America, creditors used a write of attachment to ensure repayment of debts. If the debtor did […]