Please note that this Memorandum covers DIFC Courts and the Dispute Resolution Authority (DRA)
Between Dubai International Arbitration Centre and DIFC Dispute Resolution Authority
For Mutual Cooperation Including Enhancing the Recognition and Enforcement of DIAC Arbitration Awards by the DIFC Courts and regarding Training, Research and Development of Programmes,
For the benefit of the Legal Community in the Middle East
Dated September 20, 2016
This MEMORANDUM OF UNDERSTANDING (“MoU”) is entered into on September 20, 2016 (the “Effective Date”).
The Dubai Chamber of Commerce and Industry Building, 14th Floor, Baniyas Road, Deira, P.O. Box 1457, Dubai – United Arab Emirates
(Each a “Party” and together the “Parties”)
The DRA was established by Law (7) of 2014 and comprises, amongst others, the following divisions:
DIAC, offers high quality arbitration and conciliation services and facilities. First created in 1994 as the “Centre for Commercial Conciliation and Arbitration”, DIAC is an autonomous, permanent, non-profit institution in Dubai, and an initiative by the Dubai Chamber of Commerce and Industry.
III. GENERAL PROVISIONS
IN WITNESS WHEREOF, the duly authorised representatives of the concerned Parties have executed this MOU, on the aforementioned dates.
|For and on behalf of:
DIFC Dispute Resolution Authority
Name: Dr. Michael Hwang, SC
Title: Head of the DIFC Dispute Resolution Authority
|For and on behalf of:
Dubai International Arbitration Centre
Name: Dr. Habib Al Mulla
Title: Chairman of the Board of Trustees of DIAC
The Dubai International Financial Centre and all its affiliates are committed to preserve the confidentiality, integrity and availability of client data and personal information.
Dubai International Financial Centre and all its affiliates employees, vendors, contract workers, shall follow Information Security Management System in all the processes and technology.
The content of the DIFC Courts website is provided for information purposes only and should be disregarded when making decisions on inheritance and any other matters. Whilst every reasonable effort is made to make the information and commentary accurate and up to date, the DIFC Courts makes no warranties or representations to you as to the accuracy, authenticity or completeness of the content on this website, which is subject to change at any time without notice. The information and commentary does not, and is not intended to, constitute legal advice by the DIFC Courts or any person employed or connected with it or formerly so employed or connected, to any person on any matter, be it in relation to inheritance, succession planning or otherwise. You are strongly advised to obtain specific, personal advice from a suitably qualified lawyer in relation to your personal circumstances and your objectives. The DIFC Courts does not assume any liability and shall not be liable to you for any damages, including but not limited to, direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this website, its administration and any content or lack thereof found on it. The information on this web site is not to be displayed except in full screen format. Although care has been taken to provide links to suitable material from this site, no guarantee can be given about the suitability, completeness or accuracy of any of the material that this site may be linked to or other material on the internet. The DIFC Courts cannot accept any responsibility for the content of material that may be encountered therein.