The agreement will foster collaboration across both organizations' unique digital economy and mediation services, as well as coordinated and linked initiatives with worldwide outreach.
The DIFC Courts is currently operating on a new roadmap for the years 2022-2024, which includes a strategic work plan that brings more national cohesion to the Courts' projects and initiatives in line with the ‘D33’ economic agenda and the Dubai Digital Strategy. This, in turn, is providing effective support for both the federal and local Dubai strategic goals, as per wam.
Justice Omar Al Mheiri, Director, DIFC Courts, said, “The DIFC Courts continues to strengthen its partner ecosystem with entities across the public and private sectors and this agreement with Dubai Chambers helps further elevate aligned strategies and shared purpose towards key goals under the UAE 2031 Vision. Whilst the DIFC Courts has developed new directives to absorb the maturing needs of the regional legal community, the original and purest foundational mandate still remains; to promote Dubai and the UAE’s geographic position in the Gulf as a significant strategic advantage for international investors - a gateway bridging those working in South and East Asia, the Middle East, Europe, Africa, and the western hemisphere.
The increasingly international nature of the DIFC Courts' caseload is a clear indication that international businesses with interests in the Middle East region regard the DIFC Courts as their first choice for dispute resolution, fulfilling His Highness Sheikh Mohammed bin Rashid Al Maktoum's vision of establishing Dubai as a global business hub.