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 12267 times
PR Category : Shipping and Logistic
Posted on : Thursday, March 9, 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.
Previous Story : Abu Dhabi Ports Participates in the Inaugural Global Manufac...
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
Make a Statement with MAKE UP FOR EVER's New Artist Liquid Matte Lipsticks [14976-Views]
Paris Gallery Eid Gift Guide: The Watch Edit [14567-Views]
SAINT HONORE Opéra is Ideal for the Stylish Woman [13835-Views]
Joyalukkas Win Upto 60 KG gold promotion Lucky winner announced in the UAE [13359-Views]
LG G6: The Ideal Summer Vacation Companion [13335-Views]
SAINT HONORE Charisma Twist [13255-Views]
Lucky Winners celebrate winning gold bars with Malabar Gold & Diamonds – ‘BE A GOLD BULLIO... [11474-Views]
Gold Collagen® Hydrogel Mask with Second Skin Technology to Launch in Dubai in July 2017 ... [10986-Views]
Skyline University College Conducted Health and Wellness Program [10809-Views]
THEFACESHOP, White Seed brightening [10712-Views]
IKEA Reveals Hidden Shortcuts as Father's Day Gift [10522-Views]
Celebrate This Eid by Honouring your Loved Ones with a Special Gift [10492-Views]
TAG Heuer Luxury Kit [9925-Views]
Bhima Jewellers Spread Happiness this Ramadan with ‘BHIMA GIFT A SMILE' [9571-Views]
Keep your skin hydrated this summer with tips from Gold Collagen! [8985-Views]
Marion Cotillard wears Chloé to 31st Cabourg Film Festival [8808-Views]
TOD's Spring/Summer '18 Men's Collection [8442-Views]
Dubai will be ‘United in Celebration' during 10th Edition of ‘Eid in Dubai- Eid Al Fitr' [8284-Views]
Take A Sneak-peek into COÉGA Sunwear's 2018 Baby Swimwear Line [8241-Views]
Al Barwani Wins 2017 Ramadan Challenge Senior Cup Title [8143-Views]
Dsquared2 Men's and Women's Fall Winter 2017 Show [8095-Views]
deLaCour Saqra Urban- Triumph Design [7985-Views]
Celebrate Eid in 'Swiss Style' with stunning RAYMOND WEIL Freelancer [7771-Views]
New Collections at Grand Optics - Summer 2017 [7637-Views]
The Salman and Katrina relationship with Splash continues [7570-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories