Summary Disposal: Towards More Efficient Arbitration - On 22 September 2022, the Law Commission of England & Wales published a consultation paper as part of its ongoing.
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The DIFC is fast becoming one of the leading hubs for international arbitration in the Middle East. The launch of the DIFC-LCIA in 2008 served as a testament to the UAE s commitment to providing access to arbitral institutions offering international best practices while also being adept with local and regional legal and business cultures.
Since its launch, the DIFC-LCIA Arbitration Rules have evolved to provide procedures to enhance efficiency in the arbitral process and manage the escalating costs of arbitration. The DIFC-LCIA Rules of Arbitration introduced in 2016 (the 2016 Rules ), for example, added a provision allowing the parties to appoint an Emergency Arbitrator on a temporary basis and where there was urgency .