KUWAIT CITY, Oct 29, (KUNA): President of the Arab Investment Court (AIC) and vice president of Kuwait’s Court of Appeals Essam Al-Sadani has underlined the key role of AIC in settling disputes in Arab countries. This came in a press statement made by Al-Sadani on Saturday on the occasion of presiding over the General Assembly meeting of AIC to be hosted by Kuwait on Tuesday.
The meeting will be held under the auspices of Kuwait’s Minister of State for Cabinet Affairs, Minister of State for National Assembly Affairs and Acting Minister of Justice Sheikh Mohammad Al-Abdullah Al-Sabah.
A seminar will be held on the sidelines of the meeting in which some judges, advisors, lawyers and researchers will take part, he noted. The attendees will discuss the AIC’s statute and means of settling investment disputes, he said.
The two-day seminar will shed light on some of the court’s rulings, litigation proceedings, issuing verdicts and enforcement mechanisms, he made clear.
In addition, the symposium is going to focus on the Moroccan experiment in the area of protecting foreign investments and on legal problems facing foreign and national investors in Kuwait, he affirmed. A number of senior judges from Arab countries will address the seminar.