by Mark Beeley 

The greatest advantage of international arbitration in the context of international contracts is undoubtedly its crossborder enforceability. As a consequence of its almost unique position as one of the few ‘‘cross-road’’ seats, being both a signatory to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards and the Arab Convention on Judicial Co-operation (the Riyadh Convention), Dubai (as part of the United Arab Emirates) has always held a high appeal as an arbitral seat for those parties looking to enforce an arbitration award both in the Middle East and outside that region. However, an older arbitration law,1 and a certain reticence in subjecting any award to the review of the (for many) unfamiliar UAE courts has put off many parties from making that selection.

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More by this author: Preliminary Analysis of the Draft UAE Arbitration Law