The Dubai International Arbitration Centre (DIAC) has launched the DIAC Arbitration Rules 2022.
The Rules have been issued by the Board of Directors of DIAC’s meeting on 25 of February, 2022, and will come into effect on 21st of March, 2022.
All new requests for arbitration submitted to DIAC after this date shall be governed by the Rules.
Most notable additions to the new Rules are the provisions dealing with consolidation of claims, joinder of third-parties, expedited proceedings, alternative process for appointing arbitrators, as well as exceptional proceedings, such as emergency arbitrator and conciliation.