Salalah, The 23rd GCC Commercial Arbitration

Centre, organized in cooperation with Oman Chamber of Commerce

and Industry (OCCI) branch in the Governorate of Dhofar, will be

opened tomorrow at the Crowne Plaza Hotel Salalah. The opening

ceremony of the three-day forum will be held under the auspices of

Sheikh Seif bin Mohammed al-Shabibi, Minister of Housing.

The Forum, held under the theme’ arbitration at the real estate,

construction FIDIC at the GCC ‘ will cover a number of themes

including the disputes for the real estate and construction at the GCC,

the problems related to it, the terms for settling the multi-level disputes

and how far they are pending before arbitration in light of the

international arbitration panels’ judgments and trends.

The Forum will also highlight the key demands for real estate

development and construction at the GCC States and comparing them

to the International Federation of Consulting Engineers (commonly

known as FIDIC, acronym for its French name Federation

Internationale Des Ingenieurs-Conseils), the real estate development

and construction contracts, the role of the typical contracts for building

and construction ,the construction in preparing and drafting contracts

as well as the peculiarity of the real estate development.

The Forum aims at standardizing the systems and policies related to

commercial arbitration. It also aims at exposing participants to modern

tools for contracts and help them acquire the necessary skills. It also

aims at helping participants to analyze issues related to GCC

arbitration system and get an idea about the specialized issues.

A number of specialists, legal advisors and legal experts from the GCC

public and private organizations will take part in the Forum.

Source: Oman News Agency