CEO of Qatar International Court and Dispute Resolution Centre (QICDRC), Faisal bin Rashid Al Sahouti said that the court adjudicated in QR1bn lawsuits in 2022, which varied between banking and financial sector disputes, breach of contract claims, debt recovery, labor lawsuits, insurance-related cases, and regulatory violations lawsuits.
Speaking to Qatar News Agency (QNA), Faisal bin Rashid Al Sahouti attributed the significant and noticeable increase in the number of cases brought before the court to the surge in the volume of the assets managed by the Qatar Financial Centre (QFC), about USD28.3bn and the number of QFC-registered companies has increased to nearly 1,500 companies.
Al Sahouti pointed out that the number of lawsuits before the court in 2022 surged by 69 percent year-on-year, pointing out that this increase reflects the growth of commercial activity within the Qatar Free Zones Authority (QFZA) and QFC.
He indicated that small claims accounted for 45 percent of the total claims filed in the first year of its launch, while 90 percent of the cases filed were dealt with, either fully or partially, through the electronic case management system.
Regarding the compliance of bodies and institutions with court rulings compared to their counterparts from courts in the region, companies are obligated to implement the content of QICDRC rulings and orders and in the event of non-voluntary execution, the enforcement shall be compulsory in accordance with the procedures in force in the court operating within the judicial system in the State of Qatar, just as any judicial ruling issued by other courts in the country is implemented, Al Sahouti explained.
He also pointed out that the court is constantly working with the Supreme Judicial Council to support the achievement of prompt justice in the country, and the council is assigning its judges to the court to assume the tasks of implementing judicial rulings issued by the Qatar International Court and the Regulatory Tribunal.
