Qatar Financial Centre

Arbitration, Qatar, Qatar Financial Centre, Recognition and enforcement of arbitral award, Set aside an arbitral award

, , (Sultan Al-Abdulla & Partners)/ /Leave a comment

On 5 May 2024, the Civil and Commercial Court of the Qatar Financial Centre (“Court”), rendered its judgment in B v C on a setting aside application brought under the QFC Arbitration Regulations 2005 (“QFC Arbitration Regulations”). This is an important judgment because it is the first Court judgment commenting on the setting aside of…

DIAC, DIFC, DIFC conduit jurisdiction, Dubai, MENA, Qatar, Qatar Financial Centre

(Armstrong Teasdale)/ /Leave a comment

On 14 September 2021, a Decree (no. 34) by the government of Dubai (currently only available in Arabic)  (the Decree) abolished two of Dubai’s most successful arbitration institutions: the Dubai Maritime Arbitration Centre (EMAC) and the DIFC-LCIA Centre.1)The DIFC-LCIA was established as a joint venture between Dubai International Financial Centre (DIFC), Dubai Arbitration Institute (DAI),…

Jurisdiction, Qatar, Qatar Financial Centre

(Qatar International Center for Conciliation and Arbitration) and (Al Tamimi & Company)/ /Leave a comment

Similar to other countries in the region, Qatar’s primary legal system is civil law based. In 2005, the Qatar Financial Centre (“QFC”), an offshore jurisdiction, was established in Qatar by virtue of Law No. 7 of 2005 as amended by Law No. 2 of 2009 (“QFC Law”). This post sheds light on the jurisdiction of…