| Dubai International Arbitration Centre (DIAC) wishes to draw to the attention of all concerned of increases in the Centre’s Registration and Administrative Fees. These increases in fees are in accordance with the 14 May 2009 decision of the DIAC Board of Trustees and are effective immediately. - Registration Fees for claims and counterclaims are increased from AED 500 to AED 2,500. These fees are non-refundable and shall be credited to the Claimant’s portion of the advance payment of arbitration costs and fees, and to the Respondent’s portion of the advance payment, in the case of a counterclaim. - Administrative Fees as calculated according to the DIAC Table of Fees and Costs in the Appendix of the DIAC Arbitration Rules 2007 (the Rules) are increased to a maximum of AED 150,000.00 for those claims and/or counterclaims exceeding AED 50,000,000.00. Amendments to the DIAC Table of Fees and Costs and registration fees are made pursuant to Article (42) of the Rules: “The Board of Trustees, on the bases of a proposal by the Executive Committee, may from time to time amend the provisions of the Appendix – Costs of Arbitration.” |