The UAE Federal Arbitration Law (No.6 of 2018) came into force on 15 June 2018, and introduced a number of procedural developments relating to the conduct of arbitration proceedings and the enforcement of awards before the local UAE courts.
Baker McKenzie provide an update of the law. The firm notes that one of the main developments introduced under the new law is the expedited procedure for the enforcement of arbitration awards and the different approach to domestic and international awards – the former under the new law, the latter under the Executive Regulations of the Civil Procedure Code (which came into force on 17 February 2019). The authors conclude that the new law:
“…aims to align with international standards and address the common pitfalls of the old arbitration regime, with the introduction of an efficient and expedited procedure for the enforcement of arbitration awards. The Executive Regulations have also facilitated the process of enforcing foreign awards issued from international arbitrations, which have been successfully applied in practice.”