The Role of International Digital Arbitration for Investment Contracts on the Global Commercial Economy
摘要
The paper will explore international digital arbitration as an alternative dispute resolution between different nations, with technology, digitalization, and artificial intelligence (AI) as leading factors. The research would enable understanding the laws regulating international arbitration and the problems that the stakeholders face from a generic perspective concerning the technological growth and international covenants that make the arbitration process more credible and efficient. In a descriptive-analytical manner, the paper presents a comprehensive view of international arbitration as an exercise capable of effectively addressing problems emanating from trade relations in a vastly intertwined world of today. Research finds that international commercial arbitration, in actuality, turns out to be quite a desirable form of dispute settlement, taking into account various advantages such as speed, flexibility, and the possibility to apply AI-driven instruments that impact decision-making procedures and overall process efficiency compared to traditional litigation. The paper brings out the gaps between the international legal framework and the Arab legal system, underscoring the necessity of unifying these concepts or simply realizing the knowledge difference. This is usually done through knitting the disputes that emanate from most international arbitration institutions through digital platforms, although the degree of such awareness and use depends on the region. It is also recognized by the paper that AI and electronic tools streamline the procedure for arbitrating a dispute, intensify the correctness of decisions, and promote ergonomic transparency, albeit amidst problems associated with the implementation and observance to arbitral awards. To cure, the study avers in favor of upping the ante concerning the sales promotion of international commercial arbitration, directed even at investor and business organizations based on technology. It also suggests, perhaps, the promotion of workshops, training programs, and new arbitration institutions in areas that are not yet endowed in such areas, emphasizing a technological obligation to promote just commercial workings, particularly in developing territories.