Recent Decree Abolishes the Emirates Maritime Arbitration Centre and the DIFC Arbitration Institute
September 27, 2021
On 14 September 2021, H.H. Sheikh Mohammed bin Rashid Al Maktoum – the Ruler of Dubai – issued Dubai Decree No. 34/2021 (the Decree), which ameliorates and enhances the position of the Dubai International Arbitration Centre (DIAC) in the global industry and completely redefines the arbitration ecosystem in Dubai.
Author: Abdulla Abuwasel and Mahmoud Abuwasel