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Monday, January 24, 2022

Dubai announced the launch of a ‘Specialised Court for the Digital Economy’

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The Dubai International Financial Center Courts on Tuesday reported the dispatch of a ‘Specific Court for the Digital Economy’ pointed toward improving on the settlement process of complex civil and commercial disputes related to the digital economy.

The new particular court will manage public and international disputes identified with current and arising technologies. It will cover a wide assortment of fields including large data, blockchain technologies, artificial intelligence, cloud services, unmanned aerial vehicles, 3D printing technologies, and robotics.

DIFC Courts is currently naming prominent legal specialists to work and regulate the digital infrastructure and progressed administration abilities of the Specialized Court. The new court will begin offering types of assistance in the main quarter of 2022.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, emphasised that the rollout of the new court represents a groundbreaking move to stay abreast of the ever-evolving and thriving global digital economy.

The court will be upheld by exceptionally qualified human resources, a strong and profoundly dependable infrastructure, and innovative work in the innovation area. His Highness certified, “The infrastructure of our courts in Dubai will keep pace with our future economic aspirations,” he said.

Sheik Maktoum likewise featured that the dispatch of the new court gives a catalyst to endeavors to foster new judicial support system capable of meeting the requirements of the digital transformation process and adoption of up-to-date technologies.

“The objective of the Judicial System and Courts in Dubai is to deliver brief equity in a nation where the law prevails,” he said.

In mid 2022, the new court will allot a gathering of international lawyers and industry specialists to draft and support new rules for the Digital Economy Court, which will then, at that point, be given following a 30-day public consultation campaign.

Judge Omar Al Muhairi, Director of the Courts of the Dubai International Financial Centre said, “The launch of the new specialised Court shows Dubai’s determination to play a leading and pioneering role in developing judicial systems that simplify dispute settlement related to the digital economy.”

“This court is the first-of-its-kind in the world offering intriguing advancements that will give the best avenues to access justice, not only for companies operating in the UAE but for international companies seeking a fair jurisdiction.” he added.

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