In a recent construction dispute under a DIAC arbitration, between a main contractor (represented by our firm) and an employer, a tribunal decided to appoint a tribunal expert, after closure of proceedings and only a few weeks before the deadline for issuing the final award, without any other event occurring in the interim. The dispute…
Saudi Arabia has become a key investment hub over the years as it seeks to diversify its oil-dependent economy. Abdullah Alanezi, Partner and Lujain Al Yousef, Associate, consider key aspects involved in setting up a business in the Kingdom. Over the years the Kingdom of Saudi Arabia (KSA) has become a place of interest for…
An Overview In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued the Dubai International Financial Center (DIFC) Act No. 1 of 2019 on Insolvency (hereinafter referred to as the “New Law”). The New Law reaffirms the commitment of the…