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The New DIAC Rules: Dubai’s ascent from regional to global arbitration hub

Faris Nasrallah (Solicitor, Senior Courts of England and Wales)

12th February 2018

In 2018 the Dubai International Arbitration Centre (DIAC) is set to release its new arbitration rules (New Rules). Since its rules were last updated in 2007 the DIAC has become one of the busiest arbitration centres in the world, registering an average of over 300 cases annually between 2009 and 2016. The New Rules were released for public consultation in August 2016, itself a landmark shift towards transparent and user-focused efficacy. Reflecting the modern principles of other globally recognised arbitral institutions, the New Rules also resolve protracted conflicts and concerns over the application of the existing rules.

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Image Credit: Dubai Skyline by Anand Khatri [CC BY 2.0] via Flickr

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