As Middle Eastern companies and investment funds become more active in the global marketplace, international firms are increasingly investing in the region or entering into joint ventures with Middle Eastern partners. Islamic finance is also becoming more prominent in the Middle East and elsewhere, in particular in Europe and parts of Asia. Ultimately, this has resulted in increased international business either in the Middle East or with a Middle Eastern element, and many of the contracts used provide for disputes to be resolved by arbitration.
Our recent Middle East Briefing Note considers the arbitration landscape in the UAE (including Dubai) and the DIFC.
For further information, please contact Craig Shepherd, Partner, Stuart Paterson, Partner, Caroline Kehoe, Partner or Mike McClure, Senior Associate or your usual Herbert Smith Freehills contact.