The Egyptian Government has set renewable energy targets of 20% of the electricity mix by 2022 and 42% by 2035. However, by the end of 2019, the nominal capacity for electricity production in Egypt sat at 56 GW, with a surplus of about 25 GW.
Within the last three (3) years, the Egyptian legislature has embarked on a journey of business-friendly legislative changes through enacting various legal instruments that consider the benefit, protection, and ease of doing business in Egypt. The prime examples of this include the 2017 Investment Law,
Introduction The issue of transfer of technology agreements whereby an Egyptian Seat could be mandated has long been highly debated by the Egyptian literature and courts. Contradicting decisions from the Supreme Constitutional Court and the Court of Cassation has exacerbated the debate even further. In
Our partner Ibrahim Shehata has been included in the maiden edition of Africa's 50 Most Promising Young Arbitration Practitioners Award 2020. Mr. Shehata has been awarded for his involvement in some of the highest-profile arbitration cases in Egypt, the MENA Region, and the African Continent.
This guide aims at providing the international community with clear succinct insights concerning the application and interpretation of the New York Convention (“NYC”) by Egyptian Courts from the year 1989 and till the year 2019. We have surveyed approximately (500) judgments issued by Egyptian Courts
Introduction Coronavirus or (COVID-19) has, unfortunately, hit the economies of most countries, causing severe consequences that have impacted almost all industries on a global basis. The Egyptian market is no exception, as there has been a spike in the number of recorded coronavirus cases in
Our partner, Ibrahim Shehata, has delivered a presentation on the framework and practice of arbitration in Egypt and Africa at the International Arbitration Day at the Practising Law Institute. Mr. Shehata showed in numbers the status of international arbitration in Egypt and how it has
This post has appeared first on Kluwer Arbitration Blog . Introduction There have been three main long-standing controversies concerning arbitration in Egypt. First, interest rates and whether they are truly part of Egyptian substantive public policy. Ismail Selim, ‘Egyptian Public Policy as a Ground for Annulment
On the 6th of November 2019, the CIArb Egypt Branch organized jointly with CRCICA a seminar titled: The Egyptian Courts and the New York Convention in 60 Years by our partner, Ibrahim Shehata. The seminar was moderated by Ambassador Mohamed Mustafa Kamal, Former Assistant to
This post has appeared first on Kluwer Arbitration Blog . Introduction An ongoing discussion in the world of international arbitration concerns the conflict of interest of arbitrators and how such issue should be addressed. In this regard, the Egyptian Court of Cassation has very recently enriched
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