The Investors' Dispute Settlement Center was established in 2009 to settle conflicts between investors through mediation.
When establishing the Center's Mediation Rules, consideration was given to the most recent developments in international practice and comparative legislations, along with the recommendations of the United Nations Commission on International Trade Law ("UNCITRAL").
Mediation is one of the alternatives to dispute resolution through courts, where a neutral person "Mediator" assists the parties in dispute in their quest for an amicable and quick settlement to save time, money and effort, without prejudicing their right to resort to litigation. Mediation is practiced according to a number of rules outlined in the attachment below. Mediation Rules.