• Location: 
    Index  >   News  >   News  >
    Shenzhen Court of International Arbitration (SCIA) and Dubai International Arbitration Centre (DIAC) Ink Strategic Alliance to Enhance Global Arbitration Services

    Shenzhen Court of International Arbitration (SCIA) and Dubai International Arbitration Centre (DIAC) Ink Strategic Alliance to Enhance Global Arbitration Services

    Shenzhen &Dubai, 25th August 2023 — In a significant step signalling a more robust and collaborative approach towards international arbitration, the Shenzhen Court of International Arbitration (SCIA) and the Dubai International Arbitration Centre (DIAC) convened virtually to sign a Memorandum of Understanding (MoU). This strategic alliance signifies a commitment to enhancing the dispute resolution mechanism across China and UAE and symbolises the unity of vision and mutual goals both institutions uphold.

    The MoU, marked by mutual respect and shared vision, intends to forge a path of innovation and excellence in international arbitration. Both parties are geared to leverage their combined strength, offering world-class dispute resolution services to the global business community.It is worth mentioning that according to the MOU, the two parties will establish "SCIA-DIAC Hearing Center" at SCIA Tower, the headquarters of SCIA, in order to deepen the cooperation between the two parties.

    H. E. Dr. Tariq Humaid Al Tayer, Chairman of the DIAC Board, remarked on the occasion, "The essence of this MoU resonates with the shared goals of SCIA and DIAC. It is imperative for us to capitalise on this agreement, deepening our collective knowledge and striving together to establish a gold standard for international arbitration."
    DIAC董事长Tariq Humaid AI Tayer博士表示:“合作协议的核心内容与SCIA、DIAC的共同目标一致。依托这一份协议,双方将深化共识并共同努力,提升国际仲裁的专业化水平。”

    Echoing these sentiments, Dr. LIU Xiaochun, President of SCIA, commented, "Today signifies not just the culmination of our past developments and exchanges but also sets the stage for future collaboration. By combining the strengths and expertise of both SCIA and DIAC, we look forward to achieving significant breakthroughs in the realm of international arbitration."

    The economic ties between the China and UAE have consistently flourished, marking them as key trade and investment partners on the global stage. Particularly, the connection between Shenzhen and Dubai serves as a testament to this dynamic relationship. As two of the most innovative and fast-growing cities in their respective regions, they stand as epitomes of growth, innovation, and collaboration. The partnership between SCIA and DIAC symbolises a vision for a future where shared goals and mutual benefits steer the path of global economic endeavours.

    About SCIA
    Founded in 1983, the Shenzhen Court of International Arbitration (SCIA) has continuously evolved, reflecting China's progressive reform and opening-up and international collaboration spirit. With services extended to 140 countries and a diverse panel of arbitrators spanning 114 countries, SCIA stands as a leader in global international arbitration.

    About DIAC
    Established in 1994, the Dubai International Arbitration Centre (DIAC) is the largest international arbitration centre in the Middle East. Dedicated to providing unmatched alternative dispute resolution services, DIAC's newly reformed court, expanded board of directors, and new Arbitration Rules introduced in 2022 further solidify its esteemed reputation.

    For media inquiries:

    Phone(电话): +86 83501700
    Shenzhen, China

    Phone(电话): UAE: 800 DIAC (800 3422) / International: +971 4 364 5400
    Dubai, United Arab Emirates