Featured in GAR: Egypt’s top court defines arbitral institutions
A recent Global Arbitration Review (GAR) article featured in-depth insights from Karim Youssef, Managing Partner at Youssef & Partners (Youssef + Partners.
The article examined a landmark ruling by the Egyptian Court of Cassation, which set clear criteria for what qualifies as a permanent arbitral institution or arbitration center.
From an international perspective, Karim Youssef praised the ruling as an unequivocally positive step, calling it a “hands-down, good decision.” He described it as an “effective response” to challenges stemming from the Chevron and Saudi Aramco award, which had been issued by an institution that, as the court determined, failed to meet the necessary legal criteria.
He further emphasized that the ruling brings much-needed clarity to one of Egypt’s most ambiguous arbitration law, which previously blurred the line between domestic and international arbitration. The decision, he noted, marks a significant step forward in eliminating uncertainty in Egypt’s arbitration landscape.
The full GAR coverage can be found here ((https://globalarbitrationreview.com/article/1210758/egypt%E2%80%99s-top-court-defines-arbitral-institutions)).
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