"The Arab is
conscious of the fact that a case in
a court is actually a dispute
between two adversaries whereas in
the case of arbitration it is a
dispute between brothers. This clear
distinction makes arbitration
harmonize with an Arab’s
psychological make-up which is
imbued with sentimentalism and which
is more at home with a spirit of
peace, goodwill and conciliatory
brotherhood. This makes arbitration
as a method of settling disputes
more effective which provides an
appropriate environ for the
acceptance, strengthening and
popularizing of this mode and
infusing a spirit of respect for
it."
Mohammed
Masrouji
Chairman /
Palestinian Businessmen Federation
Message by the
General Director
The world economy is becoming increasingly
global, changing economic relations have
seen increased levels of trade and
investment in many parts of the world and
particularly in the Middle East. There are
many investors exploring commercial
opportunities in Palestine. Today, after the
big success of the Palestine Investment
Conference that was held on the 21-23 May
2008 in Bethlehem, it is expected that
prospected investors will play an important
role in Palestine's economy.
Accompanying the increased expected levels
of trade and investment, arbitration will
become an important method of resolving
disputes in the area. Arbitration is now in
the process of development to allow parties
from different legal and cultural
backgrounds resolve their disputes without
the formalities of their underlying legal
systems.
The
Palestine Arbitration Center
is currently working from an intellectual
perspective, endeavoring to bring together
all enthusiastic and like minded
professionals who are keen to work towards
finding ways and means of promoting mutual
co-operation and understanding.
