The DIFC Courts, the English-language common law courts within the Dubai International Financial Centre, has reported a 34 percent surge in small claims cases during the first six months of 2019, according to new figures released on Sunday.
During the first half of this year the DIFC Courts handled a total of 463 cases, a year-on-year increase of 25 percent compared to the same period last year, according to a report by the WAM state news agency.
Some of this rise was due to an increase in caseload by the new Small Claims Tribunal (SCT). The SCT handled 321 claims in the first six months of this year, an increase of 34 percent. The total claims handled by the SCT also increased 23 percent to AED37.5 million ($10.2 million) during the same period.
Between January and June this year the courts also saw a rise in enforcement cases, where companies look to the DIFC Courts to compel a customers of client to pay overdue fees. The courts handled 101 enforcement cases, a rise of 16 percent compared to last year.
“The first half of 2019 saw the DIFC Courts serve the biggest multinationals, the smallest start-ups, and individuals, seeking justice with equal consideration. When it comes to resolving disputes, businesses like choice and they need certainty - few rational companies would invest money, resources or intellectual property in a country with questions marks around legal protection. Likewise, effective commercial courts are essential enablers for local companies to thrive and have become major points of difference within the region in the race for global investment,” Amna Al Owais, chief registrar at DIFC Courts, was quoted as saying.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.
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