Dubai Free Zone Welcomes Outer Temple Chambers
by Lorys Charalambous, Lowtax.net, Cyprus
08 November, 2016
Dubai International Financial Center, the tax-free zone, has announced it is now home to the first specialist barristers' chambers in the region.
Outer Temple Chambers, from London, specializes in commercial litigation and arbitration, company and employment law, multinational and cross-border law, regulatory issues, Islamic Finance, and wealth management.
DIFC already hosts more than 1,500 firms and 21,000 professionals, and is home to 56 law firms.
Essa Kazim, the Governor of DIFC, said: "Having Outer Temple Chambers opening in DIFC is a testament to the credibility of the Centre's regulatory and legal infrastructure. To date, no chambers exist in the region with such a wealth of specialist expertise. This will help in driving the growth of the legal services sector as well as increase the attractiveness of DIFC as a place to both do and resolve business."
Andrew Spink, Head of Chambers and Vice-Chair of the Commercial Bar Association, said: "We are delighted to be a part of DIFC, which is paving the way for so many international businesses to operate successfully and securely and to grow in this part of the world. There are enormous and exciting opportunities and of course some challenges involved in developing DIFC as a regional hub. We are looking forward to contributing to the success of this process, not just by providing sound legal expertise, but also by helping to train the next generation of aspiring lawyers for the benefit of the whole sector."
OTC is exploring options for the training and development of barristers and other legal specialists from the Emirati community who can practise international standard law in the UAE's local court system after training and experience in the UK and in DIFC.
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