UAE: The New Arbitration Law Has Been Gazetted
This week the spotlight is on legal developments in the UAE where the long-awaited and much anticipated Arbitration Law has been Gazetted. Federal Law No. 6/2018 will apply to all local arbitrations taking place in the UAE, unless agreed otherwise. It will also apply to any international commercial arbitration taking place outside the UAE, where the parties have agreed to apply UAE arbitration law and all arbitrations arising as a result of a contractual or non-contractual relationship governed by UAE law, unless expressly excluded. We have priority requested this important legislative development from our publishing partners, SADER Legal Publishing and we will keep you updated on its progress. The Law will replace the arbitration provisions in Federal Law No. 11/1992. We have been delighted to include analysis of this important legislative development from Afridi & Angell, Al Tamimi & Company, BSA Ahmad Bin Hezeem & Associates LLP, Clyde and Co, Hogan Lovells and Pinsent Masons LLP and their insights can be viewed under the Commentary section of Lexis Middle East Law (www.lexismiddleeast.com).