Procedural Overview onto the rules of arbitration at the
Ras Al Kamiah Reconciliation and Commercial Arbitration
Center.
Although a dispute may be resolved through court litigation, the
parties in the new era are increasingly submitting their disputes
for mediation, arbitration or any other Alternative Dispute
Resolution ("ADR"). Since a long time, in Europe and in
the rest of the world, it is widely admitted to resolve disputes
through arbitration or mediation, rather than resorting to judicial
proceedings.
The parties often opt for ADR avoiding national courts for the
following perceived advantages:
- ADR is comparatively faster than court litigation, primarily
because the administrative procedure is more straightforward, and
also because the arbitration award generally constitutes a binding
and final decision, with minimal scope for appeal.