The Investment and Trade Court signed a three-year agreement with Singaporean company CrimsonLogic to develop a system for commercial lawsuits and civil and commercial dispute settlement management.
The agreement aims to provide an integrated electronic system for managing commercial lawsuits and a comprehensive platform for all judicial procedures related to courts and concerned units to ensure and achieve information sharing, data management, dealing with all lawsuit parties through multiple channels, and the facilitation of commercial dispute settlement requirements.
The new system will provide an advanced platform for litigation of commercial lawsuits according to best international judicial practices.
The system will also include the use of artificial intelligence in data analysis, in addition to implementing technically advanced automated processes that ensure high accuracy and quality, facilitate follow-up and evaluation, and support the decision-making process.
The agreement was signed by President of the Investment and Trade Court Judge Khalid bin Ali al-Obaidly, Vice-President of the Investment and Trade Court Judge Issa bin Ahmad al-Nassr, and undersecretary for shared services Jassim al-Mohannadi, while Senior Vice-President for Europe, Middle East, and Africa Loo Leong Seng signed on behalf of CrimsonLogic company.
This step comes within the framework of the Supreme Judicial Council's (SJC) endeavour to develop electronic justice systems and keep abreast of legislative updates in the judicial system, which recently witnessed the issuance of the Investment and Trade Court Law No (21) of 2021, and the Mediation Law in Settlement of Civil and Commercial Disputes No (2) of 2021.
CrimsonLogic company is one of the leading companies in this field.
It is considered a reliable partner globally as they work on the continuous improvement of digital solutions to facilitate its implementation and achieve the desired results.
The agreement was signed by President of the Investment and Trade Court Judge Khalid bin Ali al-Obaidly, Vice-President of the Investment and Trade Court Judge Issa bin Ahmad al-Nassr, and undersecretary for shared services Jassim al-Mohannadi, while Senior Vice-President for Europe, Middle East, and Africa Loo Leong Seng signed on behalf of CrimsonLogic company.