PHOTO
20 February 2017
The Qatar International Court and Dispute Resolution Centre (QICDRC) has appreciated and welcomed the publication of Law No 2 of 2017 issuing the Arbitration Act in Civil and Commercial Matters.
Faisal Al Sahouti (pictured), the CEO of QICDRC praised the new law which has been designed to meet the economic and commercial needs of Qatar and those doing business in the country. Arbitration is a popular method for resolving international commercial disputes and the issuing of this new law has come at an important time.
The new law, which is based upon the UNCITRAL Model Law, will, amongst other things, give the Civil and Commercial Court at the QICDRC a supervisory jurisdiction over arbitrations where the parties elect it so to have. This will likely prove an attractive offering, especially for international companies doing business in Qatar.
The Qatar International Court and Dispute Resolution Centre (QICDRC) has appreciated and welcomed the publication of Law No 2 of 2017 issuing the Arbitration Act in Civil and Commercial Matters.
Faisal Al Sahouti (pictured), the CEO of QICDRC praised the new law which has been designed to meet the economic and commercial needs of Qatar and those doing business in the country. Arbitration is a popular method for resolving international commercial disputes and the issuing of this new law has come at an important time.
The new law, which is based upon the UNCITRAL Model Law, will, amongst other things, give the Civil and Commercial Court at the QICDRC a supervisory jurisdiction over arbitrations where the parties elect it so to have. This will likely prove an attractive offering, especially for international companies doing business in Qatar.
© The Peninsula 2017
