The Beirut-based Mediation and Arbitration Center (MAC) of the Union of Arab Bank (UAB) has begun operations, and will provide services locally, regionally, and globally.
The center will not confine its services to litigations among banks or between banks and other parties, but will accept all requests for resolving litigation issues, said Ghaleb Ghanem, a member of the MAC's higher council for arbitration.
The MAC does not differ at the legal level from the Lebanese Arbitration an...
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