| Overlooking the splendor of the creek, the Dubai International Arbitration Centre (DIAC) offers a high caliber of arbitration services and facilities on an international scale. |
First created in 1994 as the "Centre for Commercial Conciliation and Arbitration", the current DIAC is an autonomous, permanent, non-profit institution. Located on the 14th floor of the magnificent glass quarters of the Dubai Chamber of Commerce & Industry (DCCI), the Centre provides the regional and international business communities with an exclusive service at affordable rates.
DIAC was created as a means to supply facilities for conducting commercial arbitration, promoting the settlement of disputes by arbitration, as well as developing a pool of arbitrators in the practice of international arbitration. As an institutional arbitration centre, its outlook is to provide efficient, flexible and impartial administration of disputes, appointing arbitrators, choosing a venue and fixing fees of arbitrators and conciliators. DIAC selects arbitrators of the highest ability and professional competence. Information in relation to arbiters and mediators, of different nationalities and varied legal backgrounds, can also be obtained from the Centre. DIAC also keeps a directory of experts, who are highly recognized for their diverse knowledge and practical experience in their respective fields.
As an ultra-modern establishment, it houses the latest facilities and equipment, to host a variety of arbitration proceedings. These include spacious hearing rooms with adjacent retiring rooms, fiber optic network with a full range of electronic services including internet and email access.