Doha: The Qatar International Center for Conciliation and Arbitration (QICCA) held a seminar on the development and role of arbitration in Qatar, hosted by Qatar University's College of Law.
Entitled "Arbitration in Qatar: The Role of the Qatar International Center for Conciliation and Arbitration in Establishing an Effective Arbitration Environment," the seminar focused on the historical development of arbitration in Qatar and the role of QICCA in promoting and strengthening the culture of arbitration in the country.
Discussions further highlighted the state's support for arbitration and the role of the judiciary in facilitating and reinforcing arbitration processes in Qatar.
During the seminar, QICCA Vice Chairman Dr. Sheikh Thani bin Ali Al-Thani reviewed arbitration's development in Qatar, noting its shift from individual practices to an integrated and modern legislative framework aligned with international best practices.
This development has enhanced investor confidence and strengthened Qatar's position as an attractive investment destination, stressed the QICCA Vice Chairman, adding that arbitration offers a faster, more flexible, and confidential alternative to judicial proceedings, thanks to the ability to select arbitrators and define procedures, in addition to the process' confidentiality.
The state and the judiciary in Qatar are providing arbitration and alternative dispute resolution methods with increasing support, through updating legislation and strengthening the legal environment, thereby enhancing the country's position as a leading regional hub in this field.
In turn, QICCA Secretary General Ibrahim Shahbek reviewed the establishment of the Center, noting that it was created to meet market needs for an institutional body specialized in managing and settling commercial disputes.
QICCA provides arbitration and conciliation services in line with the highest standards, while also promoting arbitration culture through seminars, workshops, training programs, and partnerships with local and international entities, thereby enhancing awareness of alternative dispute resolution mechanisms, Shahbek added.