The Dubai International Financial Centre (DIFC) Courts solidified its position as a leading forum for resolving business disputes in the Middle East, according to the court's recently released annual report for 2023. The English-language, common law court system witnessed continued growth across various case sizes, attracting both large corporations with complex legal matters and smaller entities, including small and medium-sized enterprises (SMEs) and individuals, for their disputes.
The DIFC Courts' jurisdiction expansion seems to be a contributing factor to this growth. As Chief Justice Michael Hwang commented, this expansion makes the courts "even more accessible to the communities" they serve, providing businesses with a wider range of options for dispute resolution.
The report highlights the increasing popularity of the DIFC Courts for smaller claims. This trend suggests that businesses of all sizes are recognizing the benefits of the court system, which include efficient procedures, a pool of experienced judges familiar with international commercial law, and the ability to conduct proceedings in English – a major advantage for international businesses operating in the region.
Beyond its role in resolving disputes, the DIFC Courts are also actively involved in initiatives that promote Dubai as a global business hub. The court's commitment to providing a reliable and efficient dispute resolution mechanism strengthens Dubai's reputation as a center for international commerce.
Looking ahead, the DIFC Courts are well-positioned to maintain their leading role in the region's dispute resolution landscape. Their focus on attracting a diverse range of cases, combined with their commitment to providing a user-friendly and efficient forum, makes them a compelling choice for businesses seeking to resolve their commercial disputes.