Dr. Obaid Saqer Busit is a practising lawyer in Dubai. He is the owner and founder of Busit Advocates and Legal Consultants
1991 : Ph.D in Commercial Arbitration, Durham University,UK
1986 : Master in Comparative Law, University of San Diego, California,USA
1985 : Diploma in American Legal System, University of San Diego, California, USA
1984 : LLB Law with honours (Shariah Subsidiary), UAE University, UAE
1992 to Present : Chairman of Busit Advocates and Legal Consultants
2001 to 2006 : Lecturer at UAE University, Faculty of Law
July 2000-2001 : Chairman of the World Customs Organization Council
1998 to June 2000 : WCO Regional Vice chairman of the North Africa, Near and Middle East Region.
1998 to 2001 : Member of Advisory Board of Higher Supreme Council of GCC Countries.
1997 to 1999 : Lecturer at the Legal Institute, Dubai, UAE
1994 to 2001 : Director General of Department of Ports & Customs, Dubai, UAE
Dr. Obaid Saqer Busit was born and raised in Dubai. He is married with one child. Busit still resides in Dubai where his law firm Busit Advocates and Legal Consultants is headquartered too. He has been practising law since 1992 when he acquired his UAE law licence. Obaid Saqer Busit specialises in International Trade, Agency and Distribution, Intellectual Property and Arbitration.
Abstract of Dr. Obaid Saqer Busit’s Thesis:
Obaid Saqer Busit, Ph.D., University of Durham, 1991. The System of Arbitration in U.A.E.; Problems and Prospects
The United Arab Emirates was created in 1971. The discovery and exploitation of major oil resources has constituted a substantial source of wealth and generated much economic activity, predominantly of trans-national character.
This economic activity has, inevitably, given rise to a large increase in the number of legal disputes arising from business transactions. In its current state of development the legal system of the U.A.E is unable to provide for the reliable and expeditious resolution of the legal actions. The lack of a sufficiently efficacious court system inhibits economic development, particularly in the area of large scale complex transactions involving foreign parties. One way of remedying this is to establish a system of arbitration, providing an alternative disputes resolution mechanism
For such an alternatively to flourish arbitration must be recognized as an autonomous legal institution, sensitive to parties’ needs in terms of applicable law and procedure and immune from unnecessary interference from the courts. Above all, the enforcement of arbitral awards by the courts must be a straightforward and reliable process. This thesis is concerned with problems and prospects for instating a modern system of arbitration in the UAE.
Selected Publications of Dr. Obaid Saqer Busit:
- “The applicable law on arbitration agreement under UAE Law”, Emirates Center for Strategic Studies & Research, Abu Dhabi, UAE, 2008.
- “Courts and Arbitrations”, Cairo University Law Review, 1998.
- “Globalization & Middle East challenge and opportunity” Tunis, Published at Harvard University publications, 1997.
- “The challenge economic modernization on the Middle East”, Doha, Qatar, published at Harvard University publications, 1997.
- “The applicable law on arbitration agreements”, UAE Law Review, 1997.
- “The arbitration theories under the common law system”, Dubai Police School of Law Review, 1997.
- “The UAE Commercial Agency Law”, Montreal Canada, Institute of International Business Law and Practice, 1994.
- Regular articles on “GATT Agreements and WTO”, Published in “Al Bayan Daily Newspaper”, Dubai, UAE.
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