The Dubai International Financial Centre Courts announced the launch of a ‘Specialised Court for the Digital Economy’ aimed at simplifying the settlement process of complex civil and commercial disputes related to the digital economy.
The new specialised court will deal with national and international disputes related to current and emerging technologies. It will cover a wide variety of fields including big data, blockchain technologies, artificial intelligence, cloud services, unmanned aerial vehicles, 3D printing technologies, and robotics.
With the continuous growth of digital transformation across the world, trade and services inevitably integrate digital technology in their fundamental operations. Now, more than ever an innovative judicial system is key to promoting growth as well as providing security, reliability, and protection for companies and businesses.
The new international court is seen as a pivotal step in achieving the UAE’s vision and strategy for the next 50 years.
DIFC Courts is in the process of appointing eminent judicial experts to operate and supervise the digital infrastructure and advanced service capabilities of the Specialised Court. The new court will start providing services in the first quarter of 2022.
The ‘Specialised Court for the Digital Economy’ will complement specialised divisions in existing courts including the Technology and Construction Division and the Arbitration Division. These were launched by the DIFC Courts to meet the increasing demand for judicial expertise in cases related to specific sectors.
In early 2022, the new court will be assigning a group of international lawyers and industry experts to draft and approve new rules for the Digital Economy Court, which will then be issued after a 30-day public consultation campaign.
In preparation for the fast-growing digital economy, the UAE government has announced several initiatives to create a strategic roadmap for the country’s future. This includes the formation of a working group of government and business leaders tasked with developing a post-pandemic action plan for accelerating digital economy growth, driven by innovation and creativity.
