February 05, 2021
AIAC Signs Cooperation Agreement with Abu Dhabi Global Market Arbitration Centre (ADGMAC)
On Wednesday, 3rd February 2021, the Asian International Arbitration Centre (AIAC) and the Abu Dhabi Global Market Arbitration Centre (ADGMAC) signed a historic Cooperation Agreement, to capture the opportunities ahead for the benefit of arbitration users across Southeast Asia and the Middle East.
The virtual Signing Ceremony was officiated by Ms. Linda Fitz-Alan, the Registrar and Chief Executive of ADGMAC and Tan Sri Datuk Suriyadi Bin Halim Omar, the Director of the AIAC.
This timely cooperation with the ADGMAC will serve to highlight the AIAC’s products and service for potential users from the Middle East region, and also benefit Southeast Asian Parties who may be engaged in disputes in the Middle East, to explore the ADGMAC’s services. This Cooperation Agreement will further propel Malaysia’s efforts in recent years in establishing itself as a comparable if not, leading seat of international arbitration.
The AIAC looks forward to collaborating with the ADGMAC on various initiatives throughout this year.