Abu Dhabi’s newly formed commercial court has helped resolve a major dispute in record time.
The judgement was delivered within just 12 days, whereas previously it would have taken three months on average for something similar.
The case, valued at AED 52 million was related to a sale contract between an international holding company and a bank.
Around 1,500 judicial decisions have been issued by the new court which was set up less than two months ago to deal with commercial cases.

Waymo to update software after power outage snarls self-driving vehicles
Masdar to develop Southeast Asia’s largest floating solar plant
New York Times reporter sues Google, xAI, OpenAI over chatbot training
New Zealand concludes FTA with India with aim to double trade
Mubadala partners with Actis to invest over $350 million in Rezolv Energy
