Dubai Day 9 – 05/01/2017 | Study Abroad in Dubai, UAE

Dubai Day 9 – 05/01/2017

Jan 5, 2017   //   by Kora Philipp   //   Student Blog  //  No Comments

It is Thursday and already our last day with CBL in Dubai.

We started our day at the Dubai International Financial Centre, DIFC. It is a federal financial free zone and the financial hub for the Middle East, Africa and South Asia as it provides a world-class platform connecting the region’s markets with the economies of Europe, Asia and the Americas.

Our first visit was at DIFC Courts. Those are an independent English language common law judiciary with jurisdiction governing civil and commercial disputes nationally, regionally and worldwide. The DIFC Courts have jurisdiction over most civil and commercial matters occurring within the DIFC, which means that, where DIFC Courts have jurisdiction, such jurisdiction will exclude the jurisdiction of the Dubai Courts.

From there we walked to the Al Fattan Currency Tower and the offices of Hogan Lovells. Hogan Lovells is multinational law firm which claims specialization in litigation and arbitration, corporate, finance, and intellectual property. The Dubai Office serves as hub for the Middle East as the law firm has develop a strong track record in Bahrain, Egypt, Iraq, Jordan, Kuwait, Oman, and Qatar. The team includes civil law qualified Arabic-speaking lawyers who work mainly on cross-border transactions and disputes.

We were given an introduction to the field of Islamic finance, a term used to refer to Islamic commercial jurisprudence and also to an ideology of economics based on the teachings of Islam. It was very interesting to hear of this approach to business, although the lawyer ensured us that in the end “banking is banking”.

As this is our last day in Dubai we had a free afternoon to pack our things or get some souvenirs.

In the evening, all delegates and our team coordinator met up again for a last time and walked to Madina Souk, where we enjoyed a very decent dinner at a Libanese restaurant before the morning of our Farewell.

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Who Is CBL International?

CBL International Education is a private education provider that offers programmes in Cambridge, Dubai, Oxford, and at Ivy League universities in the United States. CBL International cooperates with universities in Europe, Asia, Australia, and the United States when organising customised executive seminars, modules for MBA and LL.M. programmes, study abroad programmes, summer schools, and summer institutes. Since 2015 CBL International is a WorldStrides Organization, one of the largest education travel specialists in the world. Visit the CBL International Study Abroad website!
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