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Through its supervisory arbitrational jurisdiction under Law No 2 of 2017 issuing the Arbitration Law in Civil and Commercial Matters, parties can elect the QICDRC as the “Competent Court” of arbitration to perform various functions in relation to interim measures, enforcement of awards and appeals.
Qatar Financial Centre Regulatory Authority and Qatar Financial Center Authority v Horizon Crescent Wealth LLC, and Mohammed Al-Emadi
CTFIC0019/2023
Neutral Citation
[2026] QIC (C) 11
Date
04 November 2026
Status
Registrar
Dr. Umar Azmeh
Summary

The Qatar Financial Centre Court awarded the liquidator of Horizon Crescent Wealth LLC $250,000 for reasonable legal fees, counsel’s fees and disbursements, available immediately. It rejected estimated future costs because they had not yet been incurred, allowing a fresh application later. The Registrar accepted the solicitors’ hourly rates as reasonable but identified some administrative work as unrecoverable. He declined a line-by-line review of billing records, stressing that parties challenging costs must provide specific analysis rather than leave that task entirely to the Court.
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