UAE Courts on the Signing of Arbitral Awards

Analysis

It is generally recognized that one of the major benefits of arbitration is the flexibility of the proceedings in comparison to court-based litigation.

The courts have highlighted this attribute in holding that arbitrators are not bound to follow all the procedural rules applicable to judges apart from the basic rules of affording the parties a fair opportunity to present evidence and arguments in their cases and compliance with certain mandatory rules and public policy.

Despite the great strides that have been made and continue to be made over the last two decades in the region to accommodate international arbitration, in terms of the regional courts' support of the flexibility of arbitrations the wheels of progress continue to turn slowly. This is due in part to a lack of modern legislation that can keep pace with the latest changes in international arbitration systems, and to the hindrance posed by judicial systems which sometime issue rulings on matters of international arbitration that often raise more questions than they resolve.