CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QICDRC official welcomes new Arbitration Act

Published: 26 Feb 2017 - 04:55 pm | Last Updated: 07 Nov 2021 - 12:08 am
Christopher Grout at the Dubai summit

Christopher Grout at the Dubai summit

The Peninsula

Qatar’s new Arbitration Act would boost Qatar’s prominence in the region as the place to arbitrate, said Christopher Grout, Registrar of the Qatar International Court and Dispute Resolution Centre (QICDRC).

He welcomed new Qatari Law No. 2 of 2017- issuing the Arbitration Act in Civil and Commercial Matters, speaking at the Kluwer Law 5th Annual International Arbitration Summit held at Shangri-La Hotel in Dubai.

The law, which is based upon the well-respected UNCITRAL Model Law, is likely to be regarded as a welcome development by arbitration practitioners both local and international. Moreover, the provision allowing parties to elect the Qatar International Court  as the supervising court of the arbitration will be viewed as an added bonus.

In addition to celebrating the Arbitration Act, the Summit tackled other relevant issues including recent developments affecting arbitration in the Mena region.