In brief: The Dubai International Arbitration Centre (DIAC) has recently released its Annual Report for the year 2022. The Report highlights the new vision and future strategies of DIAC and provides helpful statistics for 2022, including regarding the overall caseload, caseload by value of disputes, sectors represented and the nationalities involved.1 The statistics show a growth in the number and the value of the cases registered, as well as a broad outreach in terms of…
The Saudi Center for Commercial Arbitration (SCCA) opened its first office outside of Saudi Arabia in the DIFC.…
We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in South Africa continues to be governed by the International Arbitration Act, 15 of 2017 (“IA Act”), which incorporates the UNCITRAL Model Law. Domestic arbitrations in South Africa continue to be governed by the Arbitration Act, 42 of 1965 (“Arbitration Act”). A.2 Institutions, rules and infrastructure The Arbitration Foundation of Southern Africa (AFSA) and the Association of Arbitrators, Southern Africa, remain the primary domestic arbitration organizations used…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in onshore United Arab Emirates (UAE) continues to be governed…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in the Kingdom of Saudi Arabia continues to be governed…
The recently issued Rules of the Dubai International Arbitration Centre (the “New Rules”) have come into effect on 21 March 2022. The New Rules respond to the business needs of the international community and most importantly deal with common pitfalls that existed under the 2007 version of the Rules. Businesses operating in the UAE now have access to a more robust arbitration framework, aligned with international arbitration standards. The New Rules also align with the…
We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in South Africa continues to be governed by the International…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in onshore United Arab Emirates (UAE) continues to be governed by the UAE Federal Law No. 6 of 2018, to which no legislative amendment has been made ever since its promulgation. International arbitration in the offshore Dubai International Financial Centre (DIFC) continues to be governed by DIFC Law No. 1 of 2008 (“UAE Federal Arbitration Law”). The most significant change over the past year is the dissolution…