• Kingdom advances to 36th place in overall global ranking

RIYADH: Saudi Arabia has made significant progress in several judicial indicators, according to the World Economic Forum’s latest Global Competitiveness Report.

The Kingdom achieved a global ranking of 16 in the “judicial independence” sub-index, a jump of eight places, the report said.

In the “efficiency of legal framework in settling disputes” sub-index, it was ranked 17th, a rise of four places. It maintained its 11th ranking in the “legal framework’s adaptability to digital business models” sub-index.

The Kingdom jumped 11 places in the “efficiency of legal framework in challenging regulations,” achieving a global ranking of 18.

“The progress was made possible through the support granted by the Saudi government and its keen interest to develop the justice system,” the Saudi Ministry of Justice said.

Saudi Arabia advanced to 36th place in its overall global ranking, three positions above last year.

The report showed improvements in several main and sub-indices, and noted the Kingdom’s efforts to diversify its economy, and adopt solutions using information and communications technology.