Arbitration Advantages
of the Center
1-
Center's arbitration is distinguished by preventing the
complexities and difficulties in procedures and its rules are
distinguished in flexibility and organizing in comparison with the free
arbitration.
2-
The center arbitration rules requires issuing the
arbitrators appointment in a certain period in comparison with the
litigation procedures length in the courts which remain for several
years.
3-
The arbitration judgment shall be implemented by the
parties simultaneously after its issue and to guarantee the right and
quick implementation, the center's arbitration rules stipulates the
judgment implementation without any delay.
4-
The center's institutional arbitration provides the
confidence, assurance, experience and specialization for the parties in
dispute, because the arbitrators are selected by the rivals freely.
5-
Arbitrators tables in the center includes the best
experts and arbitrators who have the clear conditions and standards
which required and specified by the center's system as a basis to the
center's authorized tables.
6-
The institutional arbitration is distinguished of
granting the parties in dispute all the necessary and required
facilitations to conduct the arbitration in the best circumstances such
as :
·
Administrational assistance represented in
receiving the arbitration applications and memorandums exchange between
parties in dispute, and between them and the arbitration bodies and
taking in consideration the experience, translation and coordination of
the arbitration sessions and collecting the documents relevant to the
conflict.
·
Notifying the parties in dispute the
arbitration demands, dates of considering the cases, the arbitration
sessions place and dates and everything relevant to considering the
case..
·
Pursuing notifying the arbitration bodies
continuously of the arbitration sessions dates and any occasional
changes.
·
Providing the secretary cadre and
administrational and technical assistance for the arbitration bodies and
preparation of sessions and deliberations courtrooms.
·
Exerting efforts by the institutional
arbitration helps in developing the special laws and legislations
related to the arbitration, also the international agreements, urging
the legislating and economical authorities to issue new laws and
legislations and to review others to keep pace with the developments
made in the field of the economical transactions and international and
local markets systems.