How should the Mediation Agreement be executed?
The Mediation Agreement should be executed in writing and signed by the Parties involved, regardless of whether it is conducted privately or publicly, through written messages or other means of communication, including electronic communication. This is in accordance with the Federal Decree-Law of 2023 on Mediation and Conciliation in Civil and Commercial Disputes. The agreement can also be recorded in court transcripts, whether in hard copy or soft copy format. If the agreement is not executed in this manner, it will be considered null and void.