Categories:Middle East

Dubai or not Dubai?

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  • As the Legal's Hub in Middle East, to sustain this position there's lot of area need to be improved. Since Qatar & Saudi are looking forward to be the main contender of the legal hub in this region, The legal practitioner must develop the new method or development in term of legal skills set to maintain to be the Hub of Legal in this region.

    We're on the comfort zone when we're the first to opened DIAC (Dubai International Arbitration Centre) whereby this is something new on the legal perspective to solve the case outside the court litigation and recently, Bahrain has follow the footstep to open their first Arbitration Centre.

    As the Hub, now the attention must be channel to develop the new era of legal perspective and this is the time when the method of ADR(Alternative Dispute Resolution ) of Mediation must come to the frame.

    Qatar, Bahrain & Saudi are still have a long way to develop this skill but Dubai, we're already be the best in region in term of legal and the time has come to boost up and implemented the new culture of ADR-Mediation.

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  • I do not believe Saudi will be the legal hub in the ME, at least not in the short or mid term perspective. A lot of things would need to change in Saudi in order to be attractive for international top lawyers. Abu Dhabi and Doha may be candidates at least in mid term perspective.

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  • One of the main causes of the Dubai current financial crisis is its reliance on foreigner investments, therefore; this is what makes Saudi Arabia economy a unique one. When Mr Jafar said : “ In Saudi they must ally with a ¬domestic firm” he mentioned the key success of our legal system since we want our people to benefit from the legal before foreigners.
    I don’t think that Saudi Arabia social life is an obstacle for international firms to be present in the country, if they understand the concepts and traditional value of (Islamic law) that getting more attention in the west in many aspects of the westerns’ life such as Islamic finance , they would cope and interact with the Saudi business.

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  • Much will depend upon how Iraq develops - something which is not touched on in the article.

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  • Thanks for the superb report.

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