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Email this article: The DIFC Courts: Opportunities for the Middle East insurance market
Posted: Tue February 7, 2012 7:42 pm
UAE. The jurisdiction of the DIFC Courts was recently extended to allow parties having no specific connection with the Dubai International Financial Centre to choose to have their commercial disputes resolved by the DIFC Courts.
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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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