The Qatar International Center for Conciliation and Arbitration (QICCA) hosted a number of trainees from the Center for Legal and Judicial Studies at the Ministry of Justice (MoJ) to brief them on the most important aspects of commercial arbitration, the role of the Chamber and the Center in spreading the culture of arbitration in the business community and resolving commercial disputes.
Sheikh Thani bin Ali bin Saud Al Thani, member of the Board of Directors of International Relations at the Qatar International Conciliation and Arbitration Center, said that the Center holds regular meetings with trainees, jurists and those interested in commercial arbitration to introduce arbitration which is gaining increasing importance globally.
In particular, when such disputes are related to multi-party contracts; thus making arbitration, its speed, confidentiality, simplicity of procedures and technical competence at the forefront of alternative means of elimination. He added that the laws and regulations issued in recent years have contributed significantly to Qatar becoming an important economic and trade center in the region.
He praised the issuance of laws and regulations related to the regulation of non-Qatari capital investment, laws regulating economic activity, the commercial register, free zones, industrial zones, The protection of competition, the prevention of Dr. Minas Khashtadurian, Adviser for QICCA presented a brief about the most important procedures and means of arbitration in the Center.