Dubai Skyline Dubai Makes Major Change to Arbitration System
With a six-month "bedding-in" period, the changes are expected to completely alter how agreements are reached in the Middle East.
September 27, 2021 at 06:39 AM
2 minute read
In a shake-up of the Middle East's arbitration machinery, the government of Dubai has abolished the Dubai International Financial Centre-London Court of International Arbitration (DIFC-LCIA), which is to be replaced by Dubai's existing onshore arbitral institution, and will now also open offices at the DIFC.
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