The Department of Economic Development (DED) in co-operation with the Dubai Courts (DC) has opened the new headquarters of the Centre for Amicable Settlement of Disputes in the Business Village. The new centre is a one-stop shop offering an integrated package of services for quick and cost-effective settlement of disputes for businessmen and investors in the Emirate.
The initiative follows the recent visit of HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, to DED during which he emphasised the importance of all service providers working towards further enhancing existing processes to improve Dubai’s global ranking in competitiveness and ease of doing business.
HE Sami Al Qamzi, Director General of DED, and HE Dr. Ahmed Saeed Bin Hazim, Director General of Dubai Courts were present at the inauguration of the new headquarters.
“Opening the Centre for Amicable Settlement of Disputes at the Business Village is a major step towards supporting economic activity in the Emirate, and contributing to resolving disputes in such a way as to ensure economic and social stability,” said Dr. Ahmed Saeed Bin Hazim. He added: “DED had suggested opening a branch of the centre within its building in the Business Village. However, we chose to transfer the headquarters of the centre to the Business Village as it is a strategic location that brings together businessmen and companies under one roof.”
“The Centre for Amicable Settlement of Disputes reflects DED’s strategy to create a competitive environment in line with international best practices to attract domestic and foreign investment. It also aligns with the vision of Dubai Courts to uphold justice through precise and prompt litigation, effective implementation of court orders and by deploying qualified national cadres as well as advanced processes and technologies to document legal instruments,” said Al Qamzi.
“This initiative further demonstrates our keenness to strengthen communication and cooperation with all government authorities concerned as a means of enhancing economic and business standards and customer service levels in Dubai. Undoubtedly, this service will enable faster and affordable settlement of disputes, compared to what legal firms and offices offer, and that too without the need to approach the court,” added Al Qamzi.
The centre has offices where legal suites can be filed as well as a judge specialised in settling disputes, in addition to a group of experienced and qualified arbitrators.
Mohamed Amin Mubashri, Head of the Centre for Amicable Settlement of Disputes in Dubai Courts, said: “The centre works to resolve disputes amicably within a period of one month from the date of the parties presenting themselves before the arbitrators. If reconciliation is reached, it is validated through an agreement signed by the two parties and approved by the competent judge. In case an amicable settlement is not reached, the dispute will be referred to court.”
“The centre aims to provide a soft alternative to the judicial process through facilitating amicable and affordable settlement of disputes before referring them to the prosecution. It also provides a mechanism to document dispute settlement processes,” added Mubashri.
Rushika Bhatia Editor
Rushika Bhatia is one of the region’s leading commentators on business and current affairs issues. She is the Editor of CPI Media Group’s flagship title – SME Advisor magazine. In addition, she leads CPI Media Group’s infographics division – with special emphasis on data, research and statistics. Rushika has a Bachelor’s Degree from Indiana University, USA and is also CIMA qualified.