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Dubai DIFC has English-language commercial law, with British Law as a backstop for appeals and ambiguity. I can't imagine KSA agreeing to that, and even if they
by mikhailfranco 3y ago
Dubai DIFC has English-language commercial law, with British Law as a backstop for appeals and ambiguity. I can't imagine KSA agreeing to that, and even if they did, nobody would trust them - it's a rather capricious absolute monarchy.
https://en.wikipedia.org/wiki/Dubai_International_Financial_Centre https://en.wikipedia.org/wiki/Dubai_International_Financial_...
Dubai does not have oil, so it depends on its business environment, plus a little tourism. That will keep it honest. KSA is inefficient, inept, corrupt and positively dishonest, so it will never win.
And literally nobody on the planet wants to live in Riyadh.