DIAC’s Expansion into Tech Arbitration Aligns with Dubai’s Digital Economy Vision
October 17, 2023
As GITEX Global kickstarts in Dubai, the city’s role in shaping the digital economy gains traction, with the Dubai International Arbitration Centre (DIAC) expanding its capabilities for tech sector disputes. In a strategic collaboration with the Silicon Valley Arbitration and Mediation Center (SVAMC)
, the DIAC offers a fresh approach to tech-related arbitrations, signalling Dubai’s readiness to address the $5.2 trillion global technology industry’s evolving needs.
Key highlights of the partnership include:
Jehad Abdulrazzar Kazim
- Strengthened Tech Dispute Resolution: The DIAC-SVAMC collaboration promises efficient resolution tailored for tech sector disputes, fortifying Dubai’s D33 initiative to be a technological frontrunner.
- Global Expertise Fusion: Cross-recommendation of arbitrator panels brings together world-class experts in tech disputes.
- Empowering Digital Evolution: Mutual support for knowledge-sharing events promotes a cohesive ecosystem for the digital economy’s growth.
, DIAC’s Executive Director, remarked, “This partnership with SVAMC
indicates DIAC’s commitment to supporting tech disputes for a sustainable digital economy. Consistent with the Dubai D33 initiative’s vision
, we are developing our capabilities to ensure we stay at the forefront of innovative dispute resolution in the tech domain. DIAC has undergone a comprehensive transformation, and our ongoing efforts to establish strategic alliances with institutions like SVAMC
reflect our vision and future-driven strategy.”
CEO, added, “Collaborating with DIAC presents SVAMC
with a unique chance to merge our tech-centric expertise with DIAC’s regional insights. As the global tech landscape transforms, the demand for skilful, adaptable dispute resolution methods grows.”
With this partnership, Dubai continues its journey to be a digital economy powerhouse and strengthens its position as a global hub for alternative dispute resolution.
Contact and media inquiries:
Phone: 800 DIAC (800 3422) / +971 4 364 5400