DIFC Continues to Establish Its Arbitration-friendly Credentials with Recent Amendment to DIFC Arbitration Law | White & Case LLP International Law Firm, Global Law Practice
DIFC Continues to Establish Its Arbitration-friendly Credentials with Recent Amendment to DIFC Arbitration Law

DIFC Continues to Establish Its Arbitration-friendly Credentials with Recent Amendment to DIFC Arbitration Law

Following a recent amendment to the Dubai International Financial Centre (DIFC) Arbitration Law, it is now clear that matters brought before the DIFC Courts which are governed by a valid arbitration agreement shall be stayed by the Courts in favour of non-DIFC seated arbitrations. This ensures that the DIFC Arbitration Law complies with the New York Convention and brings welcome certainty following two recent conflicting DIFC Court judgments. The change is particularly important as a significant number of international businesses operating in the Middle East choose to refer their disputes to arbitration.

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