Featured in Enterprise: The upside to Egypt’s exposure to investment arbitration and affinity for settlements. Karim A Youssef Explains the Misplaced Reputation of a Positive Investment Environment.
Karim A. Youssef, Managing Partner at Youssef & Partners (Youssef + Partners), in a Global Arbitration Review report, emphasizes the positive of Egypt’s exposure to investment arbitration and affinity for settlements. According to Youssef, it is misguided to view the high volume of international arbitration cases against Egypt as a negative sign. Rather, these cases should be seen as a sign of the vibrant investment opportunities in Egypt, which are legally protected by bilateral investment treaties and other protections. Youssef points out that the “real issue” is not the number of cases a country faces, but rather how the country manages and reacts to those cases. Youssef is encouraged by the way in which Egypt has “aced” the management of investor claims, and he believes that it has contributed to the country’s impressive recovery in foreign direct investment following the uprisings in 2011.
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