WAM
13 Jan 2026, 11:06 GMT+10
DUBAI, 13th January, 2026 (WAM) -- Dubai International Arbitration Centre (DIAC) has been granted Permanent Arbitral Institution (PAI) status in the Russian Federation, a step that strengthens its international standing and supports its positioning as an accessible forum for dispute resolution.
Obtaining this status is contingent upon a structured process and a clear demonstration of the arbitral institution's international reputation, in accordance with the criteria set by the Ministry of Justice of the Russian Federation.
The process was supported by EPAM Law Offices - an international law firm from Russia with offices in the UAE - and Horizons & Co, an Emirati-founded law firm specialising in dispute resolution.
The granting of PAI status reflects DIAC's institutional framework, procedural standards and governance architecture. It aligns with the centre's long-term strategy of supporting cross-border dispute resolution and broadening access to its institutional services across key international jurisdictions.
Jehad Kazim, DIAC's Executive Director, commented, "As a PAI, DIAC becomes the first arbitral institution from the UAE and the wider region to receive such formal recognition. This important milestone demonstrates international confidence in DIAC and supports its continued institutional growth."
DIAC administers disputes across a broad range of sectors, including construction and real estate, energy, retail and consumer goods, transport and logistics, manufacturing and industrial and banking and finance.
In 2024, the centre registered 295 new cases with an aggregate value in dispute of US$2.65 billion, involving parties from 53 nationalities.
Get a daily dose of Milwaukee Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.
More InformationWASHINGTON, D.C.: President Donald Trump's decision on global tariffs received an unexpected breather when the U.S. Supreme Court postponed...
DUBAI, U.A.E: As a nighttime demonstration called by Iran's exiled crown prince saw protesters shout from their windows and storm the...
WASHINGTON, D.C.: U.S. President Donald Trump signed an executive order on January 7, suspending U.S. support for the 66 organizations,...
MINNEAPOLIS, Minnesota: Controversy raged over the shooting at the wheel by a U.S. Immigration and Customs Enforcement officer of the...
BERLIN, Germany: Tens of thousands of households in southwestern Berlin saw their electricity restored on January 7, three days after...
PARIS/BERLIN/WASHINGTON: U.S. Secretary of State Marco Rubio said on January 7 that he would meet Denmark's leaders next week, even...
DETROIT, Michigan: General Motors is rolling back part of its electric-vehicle push, booking a US$6 billion writedown as weaker demand...
(Photo credit: Neville E. Guard-Imagn Images) The NFL announced finalized playoff pairings with television designations Monday evening...
(Photo credit: Isaiah J. Downing-Imagn Images) The Denver Nuggets are continuing their winning ways despite dealing with a myriad...
(Photo credit: Jesse Johnson-Imagn Images) After a sour end to their Western Conference road trip, the Milwaukee Bucks return home...
(Photo credit: Junfu Han / USA TODAY NETWORK via Imagn Images) Wisconsin just claimed its most prestigious win in seven years. ...
(Photo credit: Barry Reeger-Imagn Images) The first round of the NFL postseason concludes with what should be a defensive slugfest...
