“Since the launch about three years ago, BCDR-AAA has witnessed many strides in success, partnerships and global recognition which enhances the scope of work in Bahrain and beyond,” James MacPherson, Chief Executive BCDR-AAA told a select media briefing on Tuesday.
James, who was joined by Ahmed Husain, Assistant CEO and Chief Registrar for Arbitration and Ali Al Aradi, Assistant CEO and Chief Registrar for Mediation at BCDR-AAA Headquarters, said that a New York court had upheld the award issued by BCDR-AAA, taking the institution to the new heights of global recognition.
The BCDR-AAA is a one-stop-shop for alternative dispute resolution and is a major pillar to Bahrain’s status as a world-class business and investment environment. Since its launch on January 2010, the Chamber has looked in to 66 cases with a value of over $1.7 billion. The Chamber provides international, regional and domestic commercial and governmental users contracting in the Gulf and beyond, with a purpose-built solution for the rapid, effective and certain resolution of commercial disputes.