The London Court of International Arbitration (LCIA) and the Dubai International Financial Centre (DIFC) have launched a joint venture in the Middle East, it was announced yesterday (17 February).

The DIFC LCIA Arbitration Centre aims to boost the profile of the emirate as a venue for international arbitration and mediation services. The new centre will have access to the LCIA’s database of arbitrators and will closely follow LCIA rules.