The State of Qatar attaches great importance to arbitration, particularly through the issuance of Law No (2) of 2017 promulgating the Civil and Commercial Arbitration and selecting Qatar as a seat of arbitration in a myriad of arbitration cases, according to Sheikh Dr. Thani bin Ali Al Thani (pictured), Member of Court of International Arbitration, International Chamber of Commerce (ICC) and representative of the State of Qatar.

Speaking at a virtual forum of the ICC Young Arbitrators Forum (YAF) under the theme ‘Arbitration in Qatar: Current Issues & The Next Generation Opportunities’, Sheikh Thani stressed that Qatar has enhanced the laws related to economic sectors including the means of disputes resolution.

He added: “The Qatari Arbitration Law indicates the role of arbitration institutions and their authority in administrating the procedures. It contains only few mandatory rules. This means that parties enjoy a broad freedom to agree on arbitration procedures which are characterised with efficiency, flexibility, and confidentiality”.  

Underscoring the importance of arbitration, Sheikh Thani noted that arbitration and other forms of ADR are gaining popularity and confidence by the contracting parties, whether public or private entities.

With the approach of the new year 2021, the ICC New Rules of Arbitration shall enter into application, he said stressing that they focus on efficiency, flexibility, and transparency to keep the rules attractive and innovative.

“The new rules embrace virtual hearings as an option to the parties due to Covid-19 pandemic,” Sheikh Thani added.

Speakers during the event also included Dr Nader Ibrahim, Professor of Law at Qatar University’s College of Law; Pamela McDonald, Senior Associate at Pinsent Masons and Thomas Williams, Partner of Sultan Al-Abdulla & Partners. 

The webinar, which was moderated by ICC YAF Qatar Representative Saad Hegazy, explored the current issues and the future of international arbitration in Qatar, the opportunities for young international arbitration practitioners, as well as the current issues commonly experienced in Qatar.

To view the source of this news, please click (here)