PHOTO
- Leading international judicial expertise to be assigned to new Court
- Creation of a global taskforce of lawyers and industry experts for development of specialised Court Rules
Dubai, United Arab Emirates : The Dubai International Financial Centre (DIFC) Courts today announced the launch of a ‘Specialised Court for the Digital Economy’ aimed at simplifying the settlement process of complex civil and commercial disputes related to the digital economy.
The new specialised Court will deal with national and international disputes related to current and emerging technologies. It will cover a wide variety of fields including big data, blockchain technologies, artificial intelligence, cloud services, unmanned aerial vehicles, 3D printing technologies, and robotics.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, emphasised that the rollout of the new court represents a groundbreaking move to stay abreast of the ever evolving and thriving global digital economy. The Court will be supported by highly qualified human resources, a solid and highly reliable infrastructure, and research and development in the technology sector. His Highness affirmed, "The infrastructure of our courts in Dubai will keep pace with our future economic aspirations."
His Highness also highlighted that the launch of the new court gives an impetus to efforts to develop a new judicial support system capable of meeting the requirements of the digital transformation process and adoption of up-to-date technologies. His Highness said: “The goal of the judicial system and Courts in Dubai is to deliver prompt justice in a country where the law prevails.”
With the continuous growth of digital transformation across the world, trade and services inevitably integrate digital technology in their fundamental operations. Now, more than ever an innovative judicial system is key to promoting growth as well as providing security, reliability, and protection for companies and businesses.
The new Court is a pivotal step in achieving the UAE’s vision and strategy for the next 50 years. His Highness stressed that the digital economy sector plays a significant role in enhancing people’s quality of life. The DIFC Courts is in the process of appointing eminent judicial experts to operate and supervise the digital infrastructure and advanced service capabilities of the Specialised Court. The new court will start providing services in the first quarter of 2022.
The ‘Specialised Court for the Digital Economy’ will complement existing specialised divisions at the DIFC Courts, including the Technology and Construction Division and the Arbitration Division, launched to meet the increasing demand for judicial expertise in cases related to specific sectors.
In early 2022, the new court will assign a group of international lawyers and industry experts to draft and approve new rules for the Digital Economy Court, which will then be issued after a 30-day public consultation campaign.
H.E. Justice Omar Al Mheiri, Director, DIFC Courts, said, “The potential of the UAE’s judicial systems to support and protect the continuity of business projects will prove to be extremely vital to the country’s long-term goals of attracting and retaining foreign investment. Dubai’s well-grounded commitment to strengthen a highly competitive business environment is key to its vision of deep-rooted economic diversification.”
"The launch of the new specialised Court shows Dubai's determination to play a leading and pioneering role in developing judicial systems that simplify dispute settlement related to the digital economy,” Al Mheiri added. “We will utilise the most advanced technologies to increase the efficiency of the system and ensure that the public will benefit from its services. This court is the first of its kind in the world offering new and exciting innovations that will provide the best avenues to access justice, not only for companies operating in the UAE but for international companies seeking a fair jurisdiction,” he furthered.
In preparation for the fast-growing digital economy, the UAE government announced several initiatives to create a strategic roadmap for the country’s future. This includes the formation of a working group of government and business leaders tasked with developing a post-pandemic action plan for accelerating digital economy growth, driven by innovation and creativity.
Established in 2004, the DIFC Courts is Dubai’s international English language common law judicial system and forms a key part of the legal system of the United Arab Emirates (UAE). It was established with the specific objective to enable the international community in the UAE to have greater confidence in the Emirate’s legal framework and to further strengthen investment and trade relations with Dubai and the UAE.
In 2011, the jurisdiction of the DIFC Courts was extended beyond the financial centre for international businesses, thereby enabling any two parties from any global location to use the DIFC Courts by ‘opting-in’ to this neutral global jurisdiction.
In 2017, the think tank Courts of the Future was launched by the DIFC Courts and the Dubai Future Foundation (DFF) with a mandate to explore diverse legal technology topic areas and to provide research and thought leadership on promoting and encouraging contemporary methods of greater accessibility and efficiency to court users across the globe.
This think tank has enabled the DIFC Courts to streamline its major Court tech projects under the ‘Courts of the Future’, pooling talent and resources from global partners and experts across the fields of law, technology, and business, assembled to help courts systems accommodate and leverage emerging technologies.
-Ends-
About the DIFC Courts
The UAE’s DIFC Courts administers a unique English-language common law system – offering swift, independent justice to settle local and international commercial or civil disputes. The Courts, based in Dubai, provide certainty through transparent, enforceable judgments from internationally-recognised judges, who adhere to the highest global legal standards. The DIFC Courts is independent from, but complementary to, the UAE’s Arabic-language civil law system, offering a choice that strengthens both processes, while ensuring public access to world-class justice.
The DIFC Courts was established under laws enacted by the late HH Sheikh Maktoum bin Rashid Al Maktoum, Ruler of Dubai in September 2004. The laws establishing the DIFC Courts are designed to ensure that the DIFC Courts provide
the certainty, flexibility and efficiency expected by court users. The Courts’ community-focused approach encourages early settlement, while a successful track record supports Dubai’s growing status as an international business hub.
In October 2011, a decree of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE, and Ruler of Dubai, opened the DIFC Courts’ jurisdiction to businesses from across the GCC region and beyond to provide the international business community with access to one of the most advanced commercial courts in the world.
In line with HH Sheikh Mohammed’s vision, the DIFC Courts has also developed programmes to reinforce the UAE national workforce and enhance the competitiveness of Emirati advocates. The DIFC Courts is spearheading training programmes predominantly aimed at domestic Emirati lawyers, which offer knowledge of, and qualifications in, the English-language common law system.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
