UK-UAE Trade and Investment Promoted by Memorandum between English Commercial Court and Dubai’s DIFC Court

February 21, 2013

The Commercial Court of England and Wales and the Dubai International Financial Centre Courts (DIFC Courts) signed a Memorandum of Guidance (MoG) on 23 January 2013 concerning the enforcement of judgments between the two Courts. While there remains no treaty between England and Wales and the UAE providing for the reciprocal enforcement of court judgments between the two, the MoG clarifies the current regime for reciprocal enforcement of court judgments between the key commercial court in each jurisdiction. The MoG is designed to assist UK and UAE businesses and investors who wish to develop closer trade and investment ties.

Read “UK-UAE Trade and Investment Promoted by Memorandum between English Commercial Court and Dubai’s DIFC Court.”