This was announced by the Minister of State for Information Affairs Samira Ibrahim bin Rajab during the weekly media briefing on Cabinet meeting at Gudaibia Palace on Sunday.
The Cabinet discussed and approved the memorandum presented by His Excellency the Deputy Prime Minister, Chairman of the Ministerial Committee for Legal Affairs on the draft law to issue the Law on Commercial Arbitration.
The draft law aims to strengthen the role of the Kingdom of Bahrain and make it occupy a leading position in attracting investments and become a regional center for international commercial arbitration through the development of alternative dispute resolution (ADR) and strengthening the legislative structure needed for institutional arbitration.