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6 June 2024

Arbitration Trends In The Middle East

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Norton Rose Fulbright

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Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions. The global law firm has more than 3,000 lawyers advising clients across more than 50 locations worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg, covering Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East. With its global business principles of quality, unity and integrity, Norton Rose Fulbright is recognized for its client service in key industries, including financial institutions; energy, infrastructure and resources; technology; transport; life sciences and healthcare; and consumer markets.

The last several years have seen rapid growth in the Middle East. Resource price booms have been favourable for local economies, and announcements such as Saudi Arabia's Vision 2030 have sparked...
United Arab Emirates Litigation, Mediation & Arbitration

The last several years have seen rapid growth in the Middle East. Resource price booms have been favourable for local economies, and announcements such as Saudi Arabia's Vision 2030 have sparked massive investment across the region.

The stable and pro-business policies of countries, such as the UAE, in the face of global instability since the COVID-19 pandemic and regional instability, have also continued to drive substantial growth in the Middle East.

But increased investment can lead to a rise in disputes.

What arbitration and dispute resolution trends can we expect to see in the Middle East?

The evolution of the arbitration landscape in the Middle East is demonstrated by a number of recent legislative developments by which countries in the GCC are seeking to modernise their legal frameworks in line with international standards by establishing world-class arbitration centres and adopting alternative methods of dispute resolution such as mediation. This progression continues to cement the Middle East region as a dynamic hub for international arbitration.

Nicholas Sharratt, Head of Dispute Resolution, Middle East

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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