A delegation from the Umm Al Quwain Chamber of Commerce and Industry, headed by the Chamber’s Chairman, His Excellency Khalfan Misfer, visited the headquarters of the DIFC Courts based on a previous invitation and coordination. The President was accompanied on his visit by His Excellency / Ammar Rashid Al-Alili – Member of the Board of Directors and His Excellency / Abdullah Khamis Al Suwaidi – The Chamber’s Director-General – and he was receiving the delegation on behalf of the President of the Courts, His Excellency / Amna Al Owais – Chief Registrar of the Center – Judge Nasser Al Nasser and Professor / Ahmed Abdel Rahman Al Kamali – Director of Governmental and International Relations of the Office of the Chief Courts
After welcoming the delegation, Her Excellency / Amna Al Owais gave a detailed explanation about the general structure of the Dubai International Financial Center, then touched on the structure of the courts, its components, the terms of reference of these courts, their method of work and the laws they depend on, noting that the Dubai courts seek to expand their relations and provide their services locally, regionally and internationally for this. It gives attention to communication with the chambers of commerce and industry in the country to be a supporter and mediator with the business sector to approve the Dubai Financial Center Courts in their contracts and agreements.
For his part, His Excellency Judge Al Nasser welcomed the attendance and the pride of the Dubai International Financial Courts to communicate with the Chamber and with the Umm Al Quwain Center for Commercial Arbitration, stressing the importance of these meetings to develop cooperation mechanisms. His Excellency presented a brief overview of the DIFC Courts, the tasks they perform, the importance of coordination, and touched on civil law. And the types of cases that the courts deal with, in addition to a brief explanation on the implementation of the judgments of the Center’s courts and the procedures taken in their regard, and his Excellency also touched upon cooperation with the relevant authorities, including the chambers of commerce and arbitration centers, and the memoranda concluded with the authorities whether they are federal, local or international, as well as the Free Zones Authority.
His Excellency / Khalfan Misfer expressed his sincere thanks and appreciation for receiving the DIFC Courts for the Chamber’s delegation, communicating with the Center, exchanging information, and benefiting from the court’s expertise, especially in the field of commercial arbitration. His Excellency praised the role and interest of the Center at its highest levels in creating the appropriate flexible mechanisms and environment to address legal disputes between the two sectors. Business, whether at the state level or the regional and international level, and His Excellency / Ammar Al-Ali – President of the Umm Al-Quwain Center for Conciliation and Commercial Arbitration – provided an overview of the center’s work and its procedures under the umbrella of the Chamber and the provisions of the Federal Arbitration Law and stressed the importance of cooperation and coordination with the courts of the Dubai International Financial Center, especially And he possesses global experiences in the field of international arbitration.
At the end of the meeting, His Excellency Khalfan Misfer welcomed the conclusion of a joint memorandum of understanding between the two parties to achieve the goals and interests pursued by both the chamber and the courts.