The Dubai International Arbitration Centre has been granted the status of a 'permanent arbitration institution' in Russia. This decision opens new opportunities for resolving commercial disputes between Russian and Arab companies. The center is known for its efficiency and neutrality in handling international cases. Experts note that this cooperation will strengthen economic ties between the two countries. 'We are pleased with this partnership,' said a center representative. 'It demonstrates trust in our justice system.' Now, parties can turn to Dubai to resolve complex disputes without lengthy court proceedings.
Dubai Arbitration Centre Gets Status in Russia
The Dubai International Arbitration Centre has been granted permanent arbitration status in Russia. This opens new opportunities for resolving commercial disputes between Russian and Arab companies.