Featured in GAR: Days of hope and rage.
GAR ((https://globalarbitrationreview.com/)) talks to Karim A. Youssef to learn more about his views on the upheaval witnessed in his home country and the potential it holds for the region.
Drawing from his firsthand experience of the 25th of January Revolution and its effects on investment and arbitration in the region, Karim A. Youssef offers a distinctive and well-informed perspective on Egypt’s current landscape and its future prospects.
In an interview with GAR, Youssef expresses his belief that Cairo has the potential to establish itself as a globally recognized arbitration center. He highlights the city’s progress in this direction, particularly with the adoption of the UNCITRAL 2010 arbitration rules, positioning Cairo as a key arbitration hub in the Middle East.
My Awe at the People’s Power and Wisdom in Crisis
he continues. “The Egyptians have shown incredible awareness of their potential for development once the right conditions are offered – as if the old spirit of the pyramid builders has remained intact across millennia.”
Read the full article on Global Arbitration Review ((https://globalarbitrationreview.com/article/days-of-hope-and-rage))
Stay Updated
FAQS:
What is the 25th of January Revolution?
The 25th of January Revolution refers to the popular uprising in Egypt that began on January 25, 2011, leading to the overthrow of President Hosni Mubarak. It was a significant event that reshaped the political and economic landscape of the country.
How did the 25th of January Revolution impact investment in Egypt?
The revolution initially led to a period of political instability and uncertainty, which adversely affected investor confidence and economic conditions. However, it also prompted reforms and changes aimed at improving the investment climate in the long term.
What changes have been made in Egypt’s arbitration landscape post-revolution?
In response to the upheaval, Egypt has taken steps to strengthen its arbitration framework. Notably, Cairo has adopted the UNCITRAL 2010 arbitration rules, which are designed to enhance the city’s role as an international arbitration center.
