With the COVID-19 pandemic continuing unabated, organizations in different countries are trying to come up with ways to ensure their uninterrupted operation under a nationwide quarantine. For example, courts & arbitration institutions in the UAE are taking steps to ensure effective dispute resolution in the Emirates.
So, let’s take a look at how modern technology can help them resolve disputes by arbitration in the UAE.
UAE: Resolving Disputes Through Arbitration During the Coronavirus Pandemic
Those seeking to initiate an arbitration process in the UAE should keep in mind that all major arbitration institutions in the country are currently administering arbitration proceedings via online portals.
Back in March, the Dubai International Arbitration Center (DIAC) announced that all arbitration proceedings in Dubai would be administered via its website & suggested that all interested parties submit their documents only by email. The Abu-Dhabi-based Center for Arbitration & Conciliation issued a similar statement saying it could be reached via its website & call center.
As regards arbitration organizations in FZs, they can continue to operate as usual; however, all arbitration-related processes in them are to be executed either by phone or email. Should parties intend to resolve a dispute in a UAE FZ, they can contact the Dubai-based IFC via a special online portal.
Another institution via which you may settle a financial dispute in the Emirates is the ADGMAC. Please keep in mind that ADGMAC is a digital platform; hence, it’s fully operational at all times & can administer arbitration proceedings in Dubai remotely.
Arbitration Regulation in the UAE
Even amid the coronavirus pandemic, UAE-based arbitration organizations are continuing to operate with maximum efficiency, conducting online arbitration & taking the necessary steps regarding:
- registering new cases;
- appointing arbitrators;
- accepting dispute-related documentation.
It’s expected that this method of resolving disputes in the UAE will be in place until the situation normalizes.
Please keep in mind that arbitration was, is & will likely be one of the most effective ADR methods. Should you need advice on the initiation of arbitration in the UAE, please do not hesitate to contact IQ Decision UK.