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Doha
Qatar is witnessing a boom in the field of arbitration as Qatar International Center for Conciliation and Arbitration (QICCA) issued nearly 77 arbitration awards and 11 mediation cases between 2018 and 2020, QICCA Board Member for International Relations Sheikh Thani bin Ali Al Thani has said.
Speaking during a webinar organised by the Kuwaiti Arbitration Association with the aim of introducing the roles and objectives of QICCA, Sheikh Thani said the issuance of the Civil and Commercial Arbitration Law has made alternative means for solving disputes, such as arbitration and mediation, the best option in settling commercial disputes.
In light of the mega projects being implemented for the development of Qatar’s infrastructure or for the preparations of hosting the World Cup 2022, he said, the role of arbitration has become even more significant.
HE also said that companies in GCC states enjoy various options when restoring to arbitration, whether through national arbitration centres, the GCC Arbitration Center, or ICC Arbitration Court.
The webinar was presided over by Ghada Al Mujalham, board member for international relations at Kuwaiti Arbitration Association.
Asked about the duration taken by QICCA to settle a dispute, Sheikh Thani said that it depends on the cooperation between parties, stating that it takes six months to a maximum a year in case of cooperation of parties.
QICCA signed 16 agreements with GCC, Arab and foreign arbitration centres, he said, adding that due to the precautionary measures relating to COVID-19 the centre has adopted electronic arbitration, where it has received many requests for online arbitration and issued 20 arbitration awards during the precautionary measures relating to the pandemic.
Outlining the roles played by QICCA, Sheikh Thani said that it plays several roles in the dissemination of arbitration culture among companies in Qatar and organising introductory seminars and conferences on arbitration, as well as preparation of arbitrators and holding training programmes for legal students at Qatar University.
Sheikh Thani invited participants of the webinar and legal researchers to participate in the upcoming publication of Qatar Chamber’s Al Multaqa magazine which will be a special issue for arbitration and includes articles and materials relating to arbitration, trade, investment and contacts.
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22/02/2021
1091