Featured in GAR: An Arab arbitration spring.
The Rise of Arbitration in the Arab World
As the Arab Spring comes to a close and the region continues to move on from Mubarak-era government policies, arbitration is on the rise in the Arab world.
Discussing the Upsurge of Arbitration Cases
At the IFCAI Conference held in Manama, Karim A Youssef along with other delegates discussed the upsurge of arbitration cases occurring in Egypt and the rest of the Arab world because of the upheaval.
Egypt’s “Hotspot” of Arbitration Claims
Youssef highlighted a “hotspot” of arbitration claims in Egypt that are escalating as a natural result of the regime change.
Surge in ICSID Cases against Egyptian Government
It has been noted that the number of ICSID cases filed against the Egyptian government has skyrocketed since the Spring, more than the collective years prior.
Unique Types of Cases Stemming from the Arab Spring
Youssef drew attention to the unique types of cases being filed, ranging from foreign investors becoming embroiled in criminal investigations of Mubarak-era ministers to nullification of contracts prior to the upheaval.
Challenges for the Arbitration Community
These disputes serve as a testament to the changes brought about by the Arab Spring and present a new challenge for the arbitration community.
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FAQ ABOUT The Arab Spring Conferences:
What happened in the Arab Spring movement?
The Arab Spring movement refers to a series of pro-democracy uprisings and protests that took place across several countries in the Arab world, starting in late 2010. The movement was fueled by grievances related to political oppression, corruption, economic inequality, and lack of freedoms.
What was the international response to the Arab Spring?
The international response to the Arab Spring varied. Some countries and organizations expressed support for the protesters’ demands for democratic reforms and human rights, while others were more cautious and concerned about the potential instability and implications for regional security.
What country was affected by the Arab Spring?
The Arab Spring had a significant impact on several countries in the Arab world. Some of the countries most affected by the movement include Tunisia, Egypt, Libya, Syria, Yemen, and Bahrain. Each country experienced varying degrees of political and social changes, with outcomes ranging from successful regime changes to ongoing conflicts.
When did the Arab Spring start in Egypt?
The Arab Spring protests in Egypt began on January 25, 2011. Tahrir Square in Cairo became a focal point for the demonstrations, which ultimately led to the ousting of President Hosni Mubarak on February 11, 2011. The events in Egypt played a significant role in inspiring and influencing protests in other Arab countries.
