A raft of judgments in arbitration award enforcement cases in the Dubai Courts have recently been reported. The overall trend is encouraging for the development of Dubai as an arbitration centre.
Dubai’s highest court recently delivered an unequivocal ruling that foreign arbitration awards will be enforced in Dubai in accordance with the UAE’s international treaty obligations under the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards ("NYC")(1).
This is welcome news for users of international arbitration and for Dubai’s position generally as an international arbitration hub. It is especially welcome in the wake of recent commentary from some observers painting a negative picture of the treatment of arbitration by the Dubai Courts(2).
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