Abu Dhabi to set up new commercial court

123RF

Abu Dhabi is taking further steps to ensure that business disputes are settled quickly.

Plans have been approved to set up a specialised court in the emirate that only deals with commercial cases.

It will also hear business disputes, arbitration and appeal claims related to foreign judgements.

This follows the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, the UAE's Deputy Prime Minister and Minister of Presidential Affairs, and Chairman of the Abu Dhabi Judicial Department.

The latest initiative will speed up legal procedures and also help improve investor confidence in the emirate.

More from Local

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Entertainment Extra

    1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.