Dubai has become a part of an international arbitration jurisdiction, offering mediation services to resolve disputes between aggrieved parties in the business and commercial sectors in the UAE and more than 150 other nations.This is a landmark step for Dubai, a joint venture between the Dubai International Financial Centre (DIFC) and the London Court of International Arbitration (LCIA).
Unique in the world and probably soon to be copied ...
This arbitration, an integral part of the international trading system will offer international lawyers and arbitrators a comprehensive and modern set of rules and procedures.
[via: khaleej times]
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