On 21 September 2021, in his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. 34 of 2021 reforming the status of the Dubai International Arbitration Centre (the “DIAC”). Dubai swiftly abolished the DIFC-LCIA Arbitration Centre, as well as […]
Dubai International Arbitration Centre (DIAC) Arbitration
The Dubai International Arbitration Centre (DIAC) is one of the largest arbitration institutions in the Middle East. It was originally established in 1994 by the Dubai Chamber of Commerce and Industry as the Centre for Commercial Conciliation and Arbitration.[1] The same year, the 1994 DIAC Conciliation & Arbitration Rules were released. They were subsequently revised […]
DIAC Arbitration Rules
The DIAC Rules of Arbitration (“DIAC Arbitration Rules”), which may be downloaded below, are applied in arbitral proceedings when Parties have agreed to DIAC arbitration to resolve their dispute. The DIAC was first created in 1994 and was initially known as the Center for Commercial Conciliation and Arbitration located in the Dubai Chamber of Commerce […]