Abu Dhabi, DIFC, Dubai, United Arab Emirates

(Habib Al Mulla & Partners) and (Sorbonne University Abu Dhabi)/ /Leave a comment

On 29 September 2023, the United Arab Emirates (“UAE”)’s recently published Federal Law No. 15 of 2023 (“Amendment Law”) entered into force, effectively amending Federal Law No. 6 of 2018 On Arbitration (“2018 Arbitration Law”) that was adopted a mere five years earlier. The 2018 Arbitration Law was itself a long-awaited and significant rehaul of…

DIAC, DIFC, Dubai

(Baker McKenzie Habib Al Mulla) and (Sorbonne University Abu Dhabi)/ /1 Comment

Dubai’s Decree 34 of 2021 (“Decree”) and its appended statute on DIAC (“Statute”) were promulgated on 14 September 2021. The Decree consolidates the local arbitration centres under a new-and-improved DIAC (“DIAC 2.0”), and notably abolishes the DIFC Arbitration Institute (“DIFC-LCIA”), marking the beginning of a new era for arbitration in Dubai. From the outset, DIAC…