Jitendra business consultancy can provide information all about Dubai international Arbitration center. The Dubai International Arbitration Centre (DIAC), in cooperation with the Dubai Chamber of Commerce & Industry, and the German Maritime Arbitration Association (GMAA) is hosting an international conference on maritime dispute resolution. DIAC aims at offering sophisticated international and domestic conciliation& arbitration services for the resolutions of international & local commercial disputes.

Dubai International Arbitration Center was established as the Center for Commercial Conciliation & Arbitration of Dubai Chamber of Commerce & Industry in pursuance of the resolution of the Board of Directors, issued on 12.12.1994 under the Law No. (2) of 1975 of DCCI and its subsequent amendments. On 16/7/2002 H.H. The Ruler of Dubai issued a decree that changed the name of the Center for Commercial Conciliation & Arbitration to Dubai International Arbitration Center and authorized DCCI to enact any rules or regulations which may be required for the change.

DIAC aspires to being recognized as the leading dispute resolution service provider for disputes arising out of international commercial contracts in the world. The key elements of international arbitration to be maintained and reinforced by the center are enforceability, party-control, neutrality, privacy and confidentiality, cost-effectiveness and speed. The function of conducts conciliations & Arbitrations and ensures the application of the Rules of Conciliation & Arbitration of DCCI and it has all the necessary powers for that purpose. As an autonomous body, it carries out these functions through its Board of Trustees, in complete independence from DCCI.