Qatar International Centre for Conciliation and Arbitration (Qicca) board member for International Relations Sheikh Dr Thani bin Ali al-Thani said the State of Qatar, being a signatory to a number of international arbitration agreements, attaches special interest in alternative means of resolving commercial disputes, foremost of which is arbitration.
Sheikh Thani made the statement during a meeting hosted by Qicca Wednesday, with the participation of trainee lawyers of the 10th mandatory training course at the Centre for Legal and Judicial Studies at the Ministry of Justice.
The virtual meeting aims to inform participants on Qicca’s role in promoting the culture of arbitration and the latest practices and trends in the field of alternative means of resolving commercial disputes.
Sheikh Thani also said Qatar Chamber is a member of the Commercial Arbitration Centre for the States of the Co-operation Council for the Arab States of the Gulf (GCC Arbitration Centre).
Highlighting the development of arbitration in Qatar, Sheikh Thani said Qatar was at the forefront of the Arab countries that were chosen as a seat of arbitration in cases deliberated before the arbitration bodies formed under the supervision of the Arbitration Court of the International Chamber of Commerce in Paris. He noted that Qatar hosted 12 arbitration cases in 2019.
Qatari law has been ranked sixth in the world among “the most applicable laws” before the ICC International Court of Arbitration out of 124 laws, said Sheikh Thani, who stressed that this confirms the confidence of foreign investors in the application of the Qatari law, especially the recent economic laws aiming to resolve disputes between the different parties.
Sheikh Thani said Qicca played a key role in disseminating the arbitration culture and raising awareness of the business community on conciliation and arbitration, as well as in organising trainings, seminars, and workshops, pointing out that the centre held 12 activities in 2020.
Despite the precautionary measures to curb the spread of Covid-19, Qicca utilised cutting-edge technologies to receive cases, form arbitration tribunal, hold arbitration sessions, and issue arbitration awards.
Lawyer Yousef al-Zaman, who is also a member of Qicca’s Conciliation and Arbitration Committee, explored the types of arbitration in Qatar, both private and institutional, and addressed the most important advantages offered by commercial arbitration in terms of speed, confidentiality, and specialisation.
Lawyer Ali al-Khanji, member of Qicca’s Conciliation and Arbitration Committee, reviewed the powers of the arbitrator in arbitration dispute, while lawyer Sultan al-Abdulla said that because arbitration in flexible, it manages to overcome the challenges of the entire closure imposed by most countries due to the pandemic.
Dr Minas Khatchadourian, legal adviser for Qicca presented a brief about the most important and recent trends in the field of commercial arbitration.