Dubai Chamber of Commerce receives a total of 75 mediation cases during H1 2023

  • Date: 15-Aug-2023
  • Source: Zawya
  • Sector:Retail
  • Country:UAE
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Dubai Chamber of Commerce receives a total of 75 mediation cases during H1 2023

- Mohammad Ali Rashed Lootah: “Dubai Chambers remains committed to protecting the interests of the private sector and the emirate’s dynamic business community. Our mediation services represent an essential tool that enhances the competitiveness of the local business environment and the ability of companies to overcome a wide range of challenges.”

- The chambers achieved successful resolutions in 35 of the cases received during the first half of 2023, with a combined total value of more than AED 20 million.

- The food sector accounted for 28% of the total mediation cases received.

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has revealed that it received a total of 75 mediation cases during H1 2023. Mutually agreeable settlements were achieved in 35 of these cases, representing a success rate of 46.7% and highlighting mediation as one of the most effective means of settling trade disputes quickly and amicably.

The combined value of mediation cases received during the first half of 2023 reached AED 42.3 million. The 35 cases that were resolved had a total value of AED 20.8 million, underlining the importance of the chamber’s mediation services to its members and the private sector in the