Search for:
Category

United Arab Emirates

Category

The Dubai Court of Cassation has recently issued a judgment that tackles the effect of incorporating arbitration clauses by means of referring to the general conditions of FIDIC contract including the arbitration clause therein. In the case in question, the parties had agreed that the 1987 FIDIC Red Book General Conditions of Contract would govern the transaction. Clause 67 of the 1987 FIDIC Red Book General Conditions contained a multi-tiered dispute resolution clause which required…

UNITED ARAB EMIRATES A. LEGISLATION AND RULES A.1 Legislation International arbitration in onshore UAE continues to be governed by the UAE Federal Law No. 6 of 2018, to which no legislative amendment has been made since. International arbitration in the offshore Dubai International Financial Center (DIFC) continues to be governed by the DIFC Law No. 1 of 2008, to which no legislative amendment has been made since. International arbitration in offshore Abu Dhabi Global Market…

This article considers the use and regulation of third party funding in the United Arab Emirates (UAE), historical impediments to the proliferation of third party funding, recent legal developments that may favour the growth of third party funding in the market, and views on the future landscape of third party funding. This article is part of Thomson Reuters Practical Law’s global guide to arbitration. For a full list of jurisdictional Q&As visit global.practicallaw.com/arbitration-guide. While third…

What has changed? On 3 May 2018, the UAE published its first stand-alone Arbitration Law under Federal Law No. 6 of 2018. The UAE’s aim is to ensure access to a method of resolving cross-border disputes which is in line with international standards and best practices. The new Arbitration Law will repeal and replace the provisions of the arbitration chapter of the UAE Civil Procedures Law No. 11 of 1992 (the CPC). The new Arbitration…