Dubai PR Network, Online Press Release from Dubai and Middle East
 
Marine Services(Shipping and Logistic)
Filter PR by
  
Emirates Maritime Arbitration Centre signs MoU with GCC Commercial Arbitration Centre
 

MoU to facilitate knowledge sharing and collaboration on arbitration within the GCC

EMAC and GCCCAC to assist in identifying suitable arbitrators and mediators to resolve disputes

Dubai, UAE, 9 March, 2017:  In a move to further strengthen ties between arbitration centres in the region, the Emirates Maritime Arbitration Centre (EMAC), signed a Memorandum of Understanding (MoU) with the GCC Commercial Arbitration Centre (GCCCAC) during a ceremony on Tuesday 7 March. 

Through the agreement, EMAC and GCCCAC will aim to work together to identify suitable arbitrators and mediators to assist in the resolution of disputes received by the centres. Additionally, the centres will collaborate on a number of knowledge sharing activities, including hosting seminars, workshops, presentations and educational sessions to raise awareness of arbitration and mediation as an alternate option for dispute resolution. 

According to Mr. Majid Obaid bin Bashir, Vice Chairman and Secretary General of EMAC, this MoU provides a number of benefits and would assist in the promotion of alternative dispute resolution options for the private sector in the region. 

“We are honoured to partner with GCC Commercial Arbitration Centre and look forward to harnessing the mutual benefits for this collaboration, with a focus on raising awareness of the benefits of arbitration to the region’s commercial and maritime sectors,” said Mr. Majid Obaid bin Bashir. 

Launched in 2016, EMAC was established to support the region’s growing maritime industry. As the region’s only maritime arbitration centre, EMAC has a key role to play in connecting legal and commercial professionals from the maritime industry locally, regionally and globally. 

Posted by : Dubai PR Network Editorial Team
Viewed 5710 times
PR Category : Shipping and Logistic
Posted on : Thursday, March 09, 2017  4:24:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Next Story : ‘Innovation Quay' launches in Dubai to capitalize on creativ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Bourjois Healthy Mix [10791-Views]
Prada Luna Rossa Carbon [10285-Views]
Kids Get Groovy in COÉGA Sunwear Spring/Summer 2017 collection [10272-Views]
Furless Electrolysis Permanent Hair Removal Centre Grand Launch [9370-Views]
Bourjois: Blow a Kiss for Mother's Day [8705-Views]
Eco-Drive FD2033-52W: Elegant timepiece from Citizen [8570-Views]
Paul Marciano and Al-Futtaim Celebrate GUESS' 35 Year Anniversary with Spectacular Evening... [8467-Views]
BIODERMA Introduces Photoderm NUDE Touch SPF50+ [8156-Views]
Bridging refinement and watchmaking know-how Golden Bridge Rectangle [7424-Views]
Longines Global launch of Conquest V.H.P.: a new milestone for quartz technology [7180-Views]
BIODERMA launches Photoderm Brume solaire MAX SPF50+ [7161-Views]
Invigorate your eye care routine with FOREO's next generation eye massager, IRIS [7155-Views]
Introducing NEW Olay Regenerist Microsculpting Cream SPF30 [7155-Views]
Filorga launches the NCTF-REVERSE Cellular Anti-Aging Range [7033-Views]
Around the world with Celio's new Spring-Summer '17 collection [6984-Views]
RAYMOND WEIL Freelancer Chronograph Inspired By the “Gibson Les Paul” Guitar [6893-Views]
Cocktail and Bridal Couture by International Brand Label based in Dubai, Kara by award-win... [6832-Views]
Are You Ready for World Class Pinoy at Max's? [6728-Views]
Kara by KK: Wedding Season - Fashion Product Placement [6442-Views]
Nautical & Floral Designs take center stage in the Max' Spring Collection 2017 [6271-Views]
A Homage to Cuba for Spring/Summer'17 by F&F [6179-Views]
BOVET's VIRTUOSO VIII Flying Tourbillon Big Date arrives in the Middle East [6173-Views]
Iconic Fashion Show Experience Season 2 [6100-Views]
Ulysse Nardin Jade “Grand Feu” [5941-Views]
Majid Al Futtaim launches ‘Create Great Moments Together' campaign to encourage UAE reside... [5899-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories