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Home Oman News

OAC forms alliance with UK institute

30 يوليو، 2022
in Oman News
2065853

The Oman Commercial Arbitration Centre (OAC), the nation’s principal alternative dispute resolution institution, and the Chartered Institute of Arbitrators (CIArb) of the United Kingdom, have announced the signing of a Memorandum of Understanding to form a strategic alliance.

The partnership affirms their joint commitment to create an even more positive environment for effective dispute resolution in the Sultanate of Oman, through the provision of CIArb’s world-renowned training in international arbitration.

The MoU was signed on Wednesday by Dr Moosa al Azri, CEO of the OAC, and Catherine Dixon, Director-General of CIArb, at the New Energy in Oman conference, hosted jointly by the Omani Ministry of Commerce, Industry and Investment Promotion, Foreign Ministry, Ministry of Energy and Minerals and the Oman Investment Authority at London’s Mansion House.

It paves the way for launch of the first alternative dispute resolution (ADR) training programme of its kind in the Sultanate of Oman. The programme will also offer accelerated route courses to CIArb Membership and Fellowship.

CIArb’s courses will be delivered in accordance with the organisation’s regulations and standards, making use of CIArb tutors, syllabi, course content and centralised assessment system.

They will be delivered in both Arabic and English online and in person.

Dr Al Azri of OAC said, “This historic partnership is part of the greater vision of the OAC to build capacity in arbitration in the Sultanate of Oman and generally enhance the attractiveness of Oman as a seat and venue for arbitrations. All individuals who acquire CIArb Fellowship through any of these courses will be deemed to have satisfied the important first step for admission onto OAC’s Panel of Arbitrators.”

The alliance comes in response to the marked preference by Omani and international parties doing business in and throughout Oman to resolve their disputes through arbitration, and the resultant growing demand for alternative dispute resolution (ADR) training. The alliance also seeks to increase awareness and understanding of the advantages of arbitration, as well as other forms of ADR, to members of the business and legal communities in Oman and the wider MENA region.

Catherine Dixon of CIArb said: “CIArb is delighted to be working with the OAC to deliver international arbitration training in Oman, upholding, through this initiative, our belief that effective dispute resolution has a positive impact on society and the economy, and our objective to promote and facilitate worldwide the constructive resolution of disputes outside of courts.”

This exciting collaboration will enable arbitration practitioners and those aspiring to be arbitrators, to access world-class internationally recognised training and to join our global and diverse membership of over 18,000 ADR practitioners operating in over 150 jurisdictions.”

Muscat-based OAC was established by Royal Decree as an independent legal entity with administrative and financial autonomy in its operations. The OAC aims to provide an institutional mechanism to ensure the expeditious, cost effective and totally neutral administration of arbitration and other forms of ADR to local, regional and international parties.

The Chartered Institute of Arbitrators (CIArb) is an independent, charitable membership organisation committed to supporting the effective resolution of disputes. CIArb champions all aspects of alternative dispute resolution (ADR) across arbitration, mediation and adjudication, setting robust ethical standards.

Today, CIArb has 42 regional branches that connect over 17,000 members, representing 150 jurisdictions around the world.

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