UAE - Mubasher: Dubai Courts has established two new courts within its Commercial Court to focus on dispute resolution in securities, shares, bonds, and other such financial instruments, the Emirates News Agency (WAM) reported.
Dubai Courts has also formed a law enforcement committee for Dubai’s financial markets.
This step aims to expedite the delivery of justice in the financial sector and further promote the stature of Dubai’s judicial system in the global commercial judicial community.
The Chief Judge of the Commercial Court at Dubai Courts, Khalid Obeid Al Mansouri, said that the new courts will include a remote litigation system, which is in line with Dubai Courts’ objective to adopt a smart judicial system that will cover all stages of legal proceedings.
