ICC International Court of Arbitration Archives

By Samaa A. Haridi, Vice President (Egypt and USA) of the ICC International Court of Arbitration and a Partner at law firm King & Spalding. International arbitration has become a key tool for conducting business in the Middle East and North Africa (MENA) region, especially now that an increasing number of MENA businesses cross regional and international borders. The reasons behind this trend range from the need for neutral and efficient dispute resolution mechanisms, to the growing recognition of the benefits of international arbitration by governments and businesses alike, and the desire to protect investments. International arbitration offers a neutral forum for resolving disputes, which provides a level of comfort and security for businesses that operate across borders, as they ...

As the International Chamber of Commerce (ICC)'s Court of Arbitration celebrates its 100th anniversary this year, President Claudia Salomon describes the organisation's African ambition: to become the number one choice for dispute resolution and prevention services for African businesses - and to establish a major presence on the continent. A first focus for the Court’s Africa outreach has been selling the benefits of arbitration per se: ie articulating the confidence it gives businesses trading across borders, knowing that any disputes will be handled fairly, (ie in a forum that is neutral, independent and free from political bias), and that any decisions will be easier to enforce. Indeed the concept has been gaining traction for some time as Africa’s economies have grown, with local ar...

Tag: ICC International Court of Arbitration

Arbitration as a Key Tool for Businesses in the MENA Region

Better Dispute Resolution key to opening up Africa opportunity