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ARTICLE · 04 AUGUST 2020

Arbitration Before RAK Chamber Of Commerce And Industry

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").

United Arab EmiratesLitigation, Mediation & Arbitration

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:

  1. 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.

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