Broadly, the intention behind international arbitration, as a mechanism for dispute resolution, is three-fold: Confidentiality – most parties do not want their submissions to be brought in the public domain and arbitration more or less…
Lawyers have welcomed the UAE’s approval of a draft law on arbitration, a fast-growing method of settling disputes out of court, saying it would provide increased confidence to investors bringing cases in the Emirates. “Today’s…
Approximately 10 years after the establishment of the DIFC-LCIA Arbitration Centre (“DIFC-LCIA”), the Emirates Maritime Arbitration Centre (“EMAC”) was officially launched. Like arbitrations conducted under the auspices of the London Maritime Arbitrators Association and the…
On 12th December 2016 a package of legal agreements (“the Legal Package”) was signed between the Dubai International Financial Centre (DIFC) Courts and Ras Al-Khaimah. The overall Legal Package consists of two Co-operation Agreements and…
The issue concerning legal capacity has caused much consternation in the UAE due to the fact that UAE legislation requires a special authorization for arbitration and thus losing the right to litigate disputes in the…
Establishing a global maritime hub is no mean feat. This year the UAE again demonstrated its trading prowess, ranking 8th out of 189 countries for “trading across borders” in the World Bank Group’s annual Doing…
