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Dubai's DIFC Courts shares insights into case activity

The Dubai International Financial Centre (DIFC) Courts has shared insights into its ongoing case activity, reflecting continued growth and an increasing preference for its jurisdiction. The Courts remain at the forefront of commercial and civil dispute resolution,
The Dubai International Financial Centre (DIFC) Courts have released insights into their case activity for the first half of 2023, highlighting a significant increase in case filings. The Courts processed 447 new cases, marking a 10% rise compared to the same period in the previous year. This surge includes a notable 22% increase in civil and commercial cases, with a particular emphasis on banking, finance, and real estate disputes. Additionally, there was a 17% increase in cases involving the enforcement of judgments from other jurisdictions, showcasing the DIFC Courts' growing role as a hub for international dispute resolution. The Courts also noted a 12% rise in cases related to employment, reflecting the dynamic business environment in Dubai. These statistics underline the DIFC Courts' commitment to providing efficient, transparent, and fair judicial services, enhancing Dubai's reputation as a global financial center.

Read the Full Zawya Article at:
[ https://www.zawya.com/en/press-release/companies-news/dubais-difc-courts-shares-insights-into-case-activity-rrflbq3l ]