Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth Bahrain's Benefit unveils Digital Direct Debit service Saudi: Civil Defense requires third-party insurance for licensing and renewals of certain activities Saudi PIF annualised total shareholder returns fall to 5.8% as some assets lose value Saudi Aramco offers crude outside Hormuz to some Asian refiners, sources say Ten agreements signed to localise electrical transformer component manufacturing in Oman Khareef lifts Salalah Airport passenger arrivals by 8% Fuel tanker grounding: NCEM activated in Oman Oman to develop four industrial cities under Five-Year Development Plan 2026-2030 Saudi Arabia breaks into world’s top 10 for private AI investment: World Bank report Kuwait Petroleum Corporation posts three-year profit high of $6.9bln in FY 25/26 HSBC Private Bank appoints Feras Al Jaramani to lead its UAE Market UAE extends small business relief for corporate tax until December 2029 Saudi business sector surges with 46,900 new companies in 1H 2026 Solar power set for strong growth in Qatar Sharjah Chamber boosts trade ties with Dominican Republic, India Abu Dhabi luxury residential market evolving as buyer preferences shift, says expert

Log in

عربي

Media Centre

Home » Media Centre

Qatar: QICCA registered cases amounting to nearly $824mln in 2023

Qatar: QICCA registered cases amounting to nearly $824mln in 2023

Qatar: QICCA registered cases amounting to nearly $824mln in 2023

Jul 29, 2024

Doha, Qatar: Secretary-General of the Qatar International Centre for Conciliation and Arbitration

(QICCA) of Qatar Chamber, Ibrahim Shahbik, stated that the Centre made significant

achievements last year. He emphasized its vital role in promoting the arbitration within the

Qatari legal and business community since its establishment in 2006.

In a statement, Ibrahim Shahbik said that commercial arbitration is one of the most effective

Alternative Dispute Resolution. He noted that it is based on speedy, specialized, and efficient

means in settling disputes between the parties.

Elaborating on QICCA’s accomplishments in 2023, Shahbik noted that the value of cases

received by the Centre last year amounted to approximately QR3bn, and that most cases

registered by the centre related to construction and contracting contracts.

He said that an arbitral awards for nearly 35% of the total number of cases were rendered last

year, while nearly 40% of those cases are not yet finalized.

Shahbik pointed out that Qatari arbitrators presented more than 50% of those appointed to hear

arbitration proceedings in 2023. Additionally, 70% of the arbitral proceedings conducted under

QICCA rules for 2023 were in English, in accordance with the parties' agreement.

Shahbik further said that arbitration has contributed to easing the burden on national courts, as it

is characterized by flexibility in procedures and specialization in arbitrators chosen by the

parties, to resolve the disputes that are related to a specific commercial environment that has

special rules and foundations, as is the case in the trade of construction and technology.

Regarding QICCA’s objectives, Shahbik said that it aims to promote alternative means of

resolving civil and commercial disputes, spread its culture, improve its practices, and develop the

Centre’s relationship with regional and international centres.

He pointed out that the Centre is constantly holding training courses with the aim of preparing

arbitrators through specialized courses in the field of arbitration in accordance with international

standards.

The Centre also holds seminars and conferences specialized in arbitration and mediation and

participates in international conferences in the field of international commercial arbitration.

The Centre is constantly holding training courses with the aim of preparing arbitrators through

specialized courses in the field of arbitration in accordance with international standards, adding

that the Centre prepared 435 arbitrators, including 175 Qataris.