Advance Costs in Arbitration UAE: Right to Arbitrate?

The question of whether non-payment of advance costs constitutes a waiver of the right to arbitrate remains a contentious issue. While past decisions in the UAE leaned towards deeming arbitration clauses waived, recent developments, exemplified by Decision No. 10 of 2023, signal a shift towards affirming the validity of arbitration agreements despite non-payment of advance costs. For guidance & expert advice on arbitration law in Dubai, parties are encouraged to seek assistance from a reputable law firm in Dubai, experienced lawyers, & legal advisor in Dubai well-versed in UAE arbitration regulations.