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"The Bahrain Chamber for Dispute Resolution (BCDR) has marked two years since its launch with strong figures released demonstrating the increasing confidence in both alternative dispute resolution in the Middle East and its placing as regional centre of choice.
Since its launch in January 2010, the chamber has looked in to 47 cases (13 cases in 2010 and 34 cases in 2011), with a value of over $1.6 billion ($477 million in 2010 and $1.1 billion in 2011). It expects the total number of cases to double by the end of 2012."
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Web-link: http://www.gulfweeklyworldwide.com/Articles.aspx?articleid=28142
Source: Gulf Weekly
Language: English