Legal Developments And Funding In The UAE

From a local legal practitioner's view, the Middle East has not been an area of mainstream activity in dispute resolution funding. While there are a few examples of funded disputes here, it is only recently that funding has started to gain more tangible traction with potential litigants and the market has shifted gear. This is in part due to increased knowledge and awareness of funding amongst litigants and lawyers in the region, while developments in local legal systems have helped to shape the landscape into one where funders are more ready to invest. This article outlines some of the reasons why funding is starting to take off in the United Arab Emirates ("UAE").

UAE not a traditional market for funding