The continuous development of the vast commercial landscape in the U.A.E has resulted in a floodgate of commercial disputes and therefore Arbitration has exponentially become a key alternative dispute resolution method as opposed to traditional litigation through the Courts. Institutions in the UAE for Arbitration include the:
- Dubai International Arbitration Centre (DIAC), which administers arbitrations under the DIAC Arbitration Rules 2007.
- DIFC London Court of International Arbitration (DIFC-LCIA) Centre, which administers arbitrations under the DIFC-LCIA Arbitration Rules 2008.
- Abu Dhabi Conciliation and Arbitration Centre (ADCCAC), which administers arbitrations under the Procedural Regulations of the ADCCAC.
- Sharjah International Commercial Arbitration Centre (TAHKEEM).
- Ras Al-Khaimah Commercial and Arbitration Centre.
Should a dispute arise between parties to a Contract, the dispute may be referred to Arbitration provided an Arbitration clause is provided under the dispute clause of the Contract. An Arbitration Committee would be mutually appointed by the Parties themselves and subsequent to an arbitration judgment by the Committee, the parties can expect the deliverance of the Arbitration award within six months from the date of the first hearing. The Parties may agree to extend this deadline and must additionally agree on procedure and rules of reference prior to the commencement of the arbitration.