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Accredited Member of the panel of Arbitrators

 

 

 

 

 

GCC Commercial Arbitration Center
Accredited Member of the panel of Experts

DR AHmed Fahhad is a Certified Expert from GCC Commercial Arbitration Center and Gulf Countrioes and Int'l Certified Arbitrator from GCC Commercial Arbitration Center and Gulf Countries

GCC Commercial Arbitration Center

In December 1993, during the 14th GCC Summit in Riyadh - Saudi Arabia, the Leaders of the GCC States laid down the first fundamental brick of the GCC Commercial Arbitration Centre by being gracious enough to adopt the Charter of the Centre.

The Charter of the Centre came into effect three months after being adopted by the Supreme Council of Co-operation Council of the Arab States of the Gulf (the Summit).

Based on the basic principles of the Charter, the "Arbitral Rules of Procedure" for the Centre has been prepared by legal experts from the GCC States

The said rules came into effect immediately after being ratified by the GCC Commercial Co-operation Committee (Ministers of Commerce in the GCC States) in November 1994 .

In March 1995 it was officially announced that the Centre had become fully functioned and ready to fulfil its duties.


Services offered by the Centre include: -

  1. Conducting commercial arbitration in accordance with the Centre's rules and regulations. The disputing parties and the arbitral tribunal shall comply with such rules and regulations.
  2. Supporting ad-hoc arbitration or arbitration under the rules and regulations of other arbitral institutions. In such a case, the Centre provides the following services: -

a. A suitable venue for arbitration hearings conducted in or outside the Centre.

b. Secretarial services, translation, recording of minutes, verbatim transcript of hearings conducted and file keeping. The Centre also liaises between the arbitral tribunal and the disputing parties.

c. Preparation of legal documents relating to the arbitrations such as arbitration or stipulation agreements, undertakings and guarantees given by the parties or presented by the arbitrators themselves and other relevant documents.

d. Provision to the parties, upon their request, of lists of arbitrators according to their required qualifications, expertise and specialties.

e. Appointment of arbitrator(s) or the chairman of the arbitral tribunal at the request of the parties or the relevant official bodies.

f. Provision of information relative to commercial arbitration in the GCC States in particular and in Arab and foreign countries in general.

The Centre's educational activities on commercial arbitration and business laws include seminars, symposia, and workshops held in the GCC States. These should create and spread arbitral awareness among public and private establishments in the GCC States, and familiarize them with the importance of arbitration, its effectiveness and practical advantages in commercial dispute resolution. The Centre also publishes a periodic Bulletin, which covers many topics relating to arbitration, procedures, commercial issues, disputes and precedents regionally as well as internationally.



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