DIAC to host ICMA XXII as Dubai solidifies its maritime stature

by Staff Reporter
Retail business in UAE

The Dubai International Arbitration Centre (DIAC) unveiled its role as host for the prestigious 22nd International Congress for Maritime Arbitrators (ICMA XXII) from Nov.5 to 10, 2023, marking a momentous first for the Middle East.

ICMA XXII from Nov.5-10

Since its inception in 1972, ICMA has served as a central platform for maritime arbitrators and global shipping sector leaders. Dubai’s selection as the venue underlines its growing importance in the maritime domain.

DIAC’s continued dedication to the broader maritime sector shines through its hosting of this global gathering.

Maritime trade’s pivotal role in driving economic development remains at the heart of DIAC’s initiatives.

The congress, to be held at Jumeirah Emirates Towers – a testament to Dubai’s modern business ethos – will not only serve as a space for sharing expertise but also as a prime networking and social venue.

Delegates from across the globe will have the opportunity to engage, share insights, and experience Dubai’s maritime evolution firsthand.

UAE Maritime Industry

The UAE has displayed its commitment to the maritime industry with investments of around $10 billion across various sectors.

With the maritime sector’s $24.5 billion annual contribution to the nation’s GDP and the presence of over 27,000 maritime entities, the UAE’s global maritime significance is undeniable.

DIAC warmly invites maritime experts, arbitrators, and academics to this pivotal event, highlighting both the strategic importance of maritime arbitration and the opportunities for networking and collaboration it presents.

tanvir@dubainewsweek.com

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