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New UAE arbitration law good news for finance parties

​The new UAE arbitration law came into effect on 16 June 2018. It significantly updates and improves the onshore UAE’s arbitration regime, and should give commercial parties more confidence when choosing to arbitrate disputes onshore in the UAE.

The new law has immediate application to all current arbitrations with an onshore UAE seat (regardless of when the arbitration began). The new law is a welcome development within the arbitration community, both in the Middle East and internationally

Further information

This article is part of the Allen & Overy Legal & Regulatory Risk Note, a quarterly publication.  For more information please contact Karen Birch – karen.birch@allenovery.com, or tel +44 20 3088 3710.

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Key people

Yacine Francis
Yacine Francis
Partner
United Arab Emirates
Telephone icon+971 4 426 7228
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Arash Koozehkanani
Arash Koozehkanani
Senior Associate
United Arab Emirates
Telephone icon+971 4 426 7176
Send email
View officeView profile

 



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