New court to settle financial disputes to open in Bahrain

Plan under way to create ‘Smart Judiciary system’ in the Gulf state
New court to settle financial disputes to open in Bahrain
Pearl Square in Manama, Bahrain. (Getty Images)
By Staff writer
Sun 05 Jun 2016 02:08 PM

A new court dedicated to settling financial disputes, separate from criminal and civil courts, is set to open in Bahrain.

Officials said Bahraini judges have co-operated with the British Embassy on insights into running such a court, which is meant to benefit businesses and help increase investments in Bahrain, reported Gulf Daily News.

“All investors will be reassured that any cases will be solved quickly and this gives them the trust to come to Bahrain,” said Supreme Judicial Council president and Cassation Court president Salem bin Mohammed Al Kuwari.

“I prefer the Commercial Court to be located separately from the Justice, Islamic Affairs and Endowments Ministry, in the Diplomatic Area, as it will specialise only in commercial cases.

“This includes companies, arbitration, trademarks, intellectual property, stocks, sea and land transportation, bankruptcy and liquidation of financial institutions.”

He said the establishment of the court was part of a bigger plan to start ‘model courts’ in Bahrain and turn the country’s judicial system into a ‘Smart Judiciary’ structure.

As part of the plan, Bahrain’s legal system would be accessible on a digital platform starting in 2016, when lawyers would be able to view case files online through a website.

“Everyone will be able to view special cases and will be updated with daily information from Bahrain’s judicial system,” said Al Kuwari. “These developments will further develop Bahraini courts. In the Execution Court lawyers receive messages on their mobile phones and communicate with courts online, which has been a great success.

“They can be at home, enter the e-key (password) and access everything online, which helps speed up the Execution Court. Informing lawyers about cases and defendants will all be done electronically. This option will be available most likely from the start of next January in all the courts.

“People will receive summons through the electronic service, which means less paperwork and speedy trials.”

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.