Dubai, United Arab Emirates; 14 June 2021: The Dubai International Financial Centre (DIFC) Courts and the Umm Al Quwain (UAQ) Chamber of Commerce and Industry have signed a Memorandum of Understanding with a vision to promote collaboration, knowledge sharing, and information exchange on matters of common interest, in order to support the UAE business community.
The MoU was signed by His Excellency Justice Omar Juma Al Mheiri, Deputy Chief Justice of DIFC Courts, and His Excellency Yousef Khalfan Tahnoun, Vice Chairman of the Umm Al Quwain Chamber of Commerce and Industry at the headquarters of UAQ Chamber.
The signing ceremony was also attended by His Excellency Justice Ali Al Madhani, and His Excellency Justice Nassir Al Nasser of the DIFC Courts, and from the UAQ team; His Excellency Khalfan Ahmed Misfer, Chairman of the Board of Directors and His Excellency Abdullah Khamis Al Suwaidi, Director General.
As stated in the MoU, the cooperation will involve the promotion of the DIFC Courts’ efficient and independent English language common law system, including promotion of the DIFC Courts Wills Service, as well as the exchange of experiences and information between both sides.
The two parties further agreed on the importance of launching awareness campaigns aimed at the business community, as well as promoting the services provided by both parties, whilst providing each other with statistics, publications, periodicals, indications, laws, and regulations governing their public services for the benefit of the end-users.