Doha: April 21 - The Qatar International Court and Dispute Resolution Centre (QICDRC) wrapped up the 5th Full Meeting of the Standing International Forum of Commercial Courts (SIFoCC), which was hosted by the State of Qatar, represented by QICDRC over two days. HE Minister of Justice and Minister of State for Cabinet Affairs Ibrahim bin Ali Al Mohannadi noted the forum's contribution in strengthening the role of judicial institutions in consolidating the rule of law and achieving complete justice. This came in a speech delivered by HE Minister of Justice and Minister of State for Cabinet Affairs during a side event organized by QICDRC to welcome the forum's guests and participants, in the presence of HE President of the Supreme Judiciary Council and President of the Court of Cassation Dr. Hassan bin Lahdan Al Hassan Al Mohannadi, along with a lineup of representatives of local and international judicial and legal institutions. On the next day, HE former Chief Justice of the Federal Court of Australia James Allsop AC, gave a keynote address titled "The Spirit of the Judicial Task and the Importance of International Judicial Dialogue," in the presence of HE President of the Supreme Judiciary Council and President of the Court of Cassation Dr. Hassan bin Lahdan Al Hassan Al Mohannadi, and HE Minister of Justice and Minister of State for Cabinet Affairs Ibrahim bin Ali Al Mohannadi. During the meeting, judges from courts around the world discussed contemporary themes in commercial dispute resolution, including developing the relationship between commercial courts, arbitration, and mediation; greater transnational judicial cooperation; technology and AI in dispute resolution; and climate change: ESG, corporate activity, and the rule of law. Commenting on the meeting, Chairman of QFC Regulatory Tribunal Sir William Blair stated, "As we assemble here today, let us remember that our shared commitment to excellence in commercial court practices not only benefits our respective jurisdictions but also contributes to a g lobal environment of stability, prosperity, and the rule of law." For his part, CEO of QICDRC Faisal Rashid Al Sahouti added, "QICDRC is pleased to have concluded the 5th Full Meeting of the Standing International Forum of Commercial Courts and is committed to fostering international collaboration and sharing best practices in commercial dispute resolution. We are honoured to have welcomed all the representatives to Qatar and look forward to seeing the results of our productive discussions benefit businesses and markets worldwide." HE President of the Investment and Trade Court Judge Khalid bin Ali Al Obaidly stated, "I was pleased to participate in the Standing International Forum of Commercial Courts, it was an opportunity for intellectual exchange and common judicial experiences, and I would like to emphasize the important role that this forum plays in enhancing international cooperation between commercial courts. These gatherings contribute to refining and developing judicial systems, increasing the effic iency of procedures, and speeding up the resolution of cases, benefitting the investment and commercial environment not only in Qatar but also globally." His Excellency added, "I extend a warm welcome to the delegations visiting the headquarters of the Investment and Trade Court. This visit fosters transparency and opens avenues for enhanced cooperation and mutual understanding. I am optimistic that this visit will deepen relations among judges and experts, fostering a more collaborative environment characterized by mutual respect and a shared commitment to elevating the standards of commercial and investment justice." Source: Qatar News Agency
Related Posts
Turkey to offer $30 billion in high-tech incentives
Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments.
His Excellency unveiled the high-tech incentives prog…
The Palestinian Telecommunications Authority approves a 30% dividend distribution
Ramallah – Together – The General Authority of the Palestinian Telecommunications Company, a public shareholding company, approved, at its twenty-seventh regular meeting in Ramallah, the Board of Directors’ recommendation to distribute cash dividends …
European Shares Fall at Beginning of Trading as Investors Await Important Data
European shares declined on Thursday, weighed down by German technology firm SAP, while investors parsed through key inflation data for the bloc and its major economies.
The benchmark pan-European STOXX 600 (.STOXX), opens new tab lost 0.2% at 519.90…