Dubai International Financial Centre Courts announces the world’s first international digital economy court

  • Date: 15-Dec-2022
  • Source: Khaleej Times
  • Sector:Financial Markets
  • Country:UAE
  • Who else needs to know?

Dubai International Financial Centre Courts announces the world’s first international digital economy court

New court enhances the ability of global companies and institutions operating in the digital economy to adapt to the future requirements of this fast -growing sector

Established in 2004, the DIFC Courts is Dubai’s international English language common law judicial system. - Supplied photo

Published: Wed 14 Dec 2022, 10:41 PM

The Dubai International Financial Centre (DIFC) Courts on Wednesday announced the launch of the world’s first international digital economy court. The cutting-edge digital infrastructure and services of the new court will be managed and operated by judicial experts with extensive international experience.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC said: “The DIFC Courts continue to introduce innovative initiatives to provide Dubai, the UAE, and the world, with a suite of dispute resolution services that go beyond traditional public court services. The world’s first international digital economy court will enhance the ability of global companies and institutions operating in the digital economy to adapt to the future requirements of this fast -growing sector.”

He said that the court will provide the optimal legislative environment for boosting the stability, sustainability and growth of digital economy enterprises.

A panel