Featured in GAR: Days of hope and rage.
GAR 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.
With his first-hand experience of the 25th of January revolution and its impact on the prospects for investment and arbitration in the region, Karim A. Youssef provides a unique and informed perspective on the country’s situation and what the future might bring.
Youssef tells GAR that he believes that Cairo can become an internationally respected arbitration Centre. He adds that this year, Cairo is taking steps towards this goal, having implemented the UNCITRAL 2010 arbitration rules, allowing the city to become a major arbitration hub across 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 Review1
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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.
- https://globalarbitrationreview.com/article/days-of-hope-and-rage [↩]
