A recent study indicates that the EMEA (Europe, Middle East and Africa) market is currently ranked as the second largest sports market in the world after North America.
During the Covid-19 crisis, in stark contrast to the global market, the study indicates that the Middle East sports market is set to grow by 8.7%. The main differentiator being that regional governments are actively seeking to use sport as a way to diversify their economies away from natural resources and to build social cohesion.
Having a legal infrastructure that supports such growth, particularly in relation to dispute resolution, is important for safeguarding the long-term sustainability of the sports market in the region.
In this article, which is the first part of a series of sports law articles, Clive D’Souza, sheds a light on Sports Arbitration and Sports Dispute Resolution in the UAE.