The key features of international arbitration, which is the preferred method for resolving cross-border commercial disputes for firms operating in Kuwait and the broader Middle East, came up for discussion at a recent webinar.
The key features of international arbitration, which is the preferred method for resolving cross-border commercial disputes for firms operating in Kuwait and the broader Middle East, came up for discussion at a recent webinar.
The number of arbitration cases being registered in the United Arab Emirates has been steadily increasing in recent years. This is especially so for Dubai in terms of commercial litigation.
In 2000, Asia’s share of global GDP was around 28%.[1] In 2019, Asia generated nearly 40% of the world’s GDP and is now home to nearly 60% of the world’s population. According to McKinsey & Co, “Asia is on track to top 50% of global GDP by 2040 and drive 40% of the world’s consumption, representing a real shift in the world’s centre of gravity.”[2]