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Dubai Abolishes DIFC-LCIA Arbitration Centre and Moves to Revamp DIAC Arbitration
The Emirate of Dubai has unexpectedly abolished the DIFC-LCIA Arbitration Centre, in an apparent effort to concentrate institutional arbitration in the Dubai International Arbitration Centre (DIAC), which is itself to undergo an overhaul as part of the same initiative. The applicable Decree of the Ruler of Dubai, Decree No. 34…
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