Clyde & Co LLC
October 14, 2024
In a significant development for dispute resolution in Abu Dhabi and the region, the Abu Dhabi Chamber of Commerce and Industry (the Chamber of Commerce) announced the formation of a new international arbitration centre on 20 December 2023. The new centre, known as Abu Dhabi International Arbitration Centre (arbitrateAD), and its rules will replace the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC) and its rules. This change will take effect from 1 February 2024 when new cases will start to be administered by arbitrateAD.
Overview of Key Changes
ArbitrateAD notes independence, transparency, expertise, and efficiency as its core values. Key practical changes include:
- A new institutional framework for arbitration in Abu Dhabi;
- Enhanced case management facilities including e-filing and bespoke hearing venues; and
- New arbitration rules – yet to be published.
