Dubai and the Dubai International Arbitration Center achieve advanced centers in the classification of international headquarters and arbitration centers

The Dubai International Arbitration Center has announced its achievement of advanced ranks in the GAR 100 Data report issued by (Global Arbitration Review “GAR), the most read and influential in the field of arbitration, where Dubai was ranked fifth as the most popular arbitration headquarters in terms of the number of issues, outperforming more than 405 arbitration headquarters and advanced on major global cities that have a long history in this The field like New York and Geneva.

The report also showed Dubai rating in the ninth globally as the most popular arbitration headquarters in terms of the value of the arbitration issues that were conducted in the city, bearing over more than 405 arbitration headquarters and advanced on international major cities such as Seoul and Frankfurt.

The report also referred to the classification of the Dubai International Arbitration Center in the tenth place as the most popular arbitration centers in terms of the number of issues, and the ninth place in terms of the value of the arbitration issues, beating over 315 arbitration centers in the world.

According to the classification, Dubai is the only seat of arbitration, and the only arbitration institution from the Middle East, Africa and South Asia among the top ten in the report.

International confidence
Jihad Kazem, Executive Director of the Dubai International Arbitration Center, said that the Dubai City and the Dubai International Arbitration Center for these classifications reflects the confidence of the international business community in Dubai as a typical arbitration destination to support the achievement of the goals of the Dubai Economic Agency D33.

She added that the Dubai International Arbitration Center works according to the directives of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance, to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, that the center be one of the five most important arbitration centers in the world during the coming years.

Jihad Kazem indicated that the Dubai International Arbitration Center has managed more than 5,000 cases with a total value of more than 100 billion dirhams during three decades of service, as it provides a legal framework and reliable mechanisms to enforce the arbitration decisions, which attracts a wide range of complex and high -value disputes, and since 2022, the center has introduced updated arbitration rules, reshaped the arbitration court, and expanded its board of directors To further enhance its services, with the center’s commitment to resolving disputes according to the highest levels of efficiency and impartiality, to ensure fair results for all parties concerned.

It is worth noting that the GAR 100 DATA report includes a comprehensive analysis based on the annual GAR 100 guide, which determines the 100 largest offices of law firms specialized in arbitration and world leader, and analyzes arbitration issues that these offices deal Arbitration, and the “Global Arbitration Review” GAR classification is considered one of the most important international classifications related to arbitration work.