CAIRO, Egypt, July 17, 2023 — Youssef + Partners, a prominent lawyer firm specializing in arbitration and dispute resolution, has been recognized as Egypt’s leading arbitration practice. With a stellar track record and a commitment to excellence, the firm has played a pivotal role in shaping the trends and overcoming obstacles in the field of arbitration in Egypt.
Arbitration, as an alternative dispute resolution mechanism, has gained significant traction in Egypt over the years. This trend is driven by a growing awareness among businesses and individuals about the benefits of arbitration, including confidentiality, flexibility, and the ability to choose specialized arbitrators. As a result, the demand for experienced arbitration practitioners has soared, leading to the rise of prominent law firms like Youssef + Partners.
Egypt has witnessed a remarkable transformation in its arbitration landscape, with several obstacles from the past now being effectively addressed. One of the key challenges was the lack of a comprehensive legal framework that aligned with international arbitration standards.
Recognizing this hurdle, the Egyptian government implemented legal reforms, including the establishment of a new regulatory body in the field— the Supreme Arbitration Committee in 2019. This move obliged the state entities to inform the Committee before taking any legal actions concerning disputes from the arbitrary legal area, and compliment the country’s arbitration regime in line with international best practices.
Commenting on the recent developments in the field, Mr. Karim A. Yousseff, Managing Partner and founder at Youssef + Partners said, “We are delighted to be at the forefront of Egypt’s thriving arbitration practice. Over the years, we have witnessed a significant shift in attitudes towards arbitration, with both local and international parties recognizing its value in resolving complex disputes efficiently and impartially.”
Mr. Youssef further added, “Our success can be attributed to our unwavering commitment to delivering exceptional results for our clients. We have a team of highly skilled and experienced arbitration lawyers who possess deep knowledge of local laws, international practices, and sector-specific intricacies. This expertise allows us to navigate even the most complex disputes and deliver favorable outcomes for our clients.”
As Egypt continues to bolster its position as a regional and international hub for commerce and investment, the role of arbitration in resolving disputes becomes increasingly crucial. The expertise and dedication of Youseff + Partners have positioned them as a go-to firm for arbitration matters in Egypt, with a solid understanding of the local legal landscape and an extensive network of international relationships in a wide range of industries.
To learn more about Youssef + Partners’s services, visit their website at https://youssef.law/.
About Youssef + Partners
Youssef + Partners is a leading law firm based in Cairo, Egypt, specializing in arbitration and dispute resolution. With a strong focus on providing exceptional legal services, the firm has earned a reputation for its expertise, professionalism, and dedication to client success. Their team of experienced lawyers is well-versed in both local and international arbitration practices, enabling them to handle a wide range of complex disputes across various industries.
Contact: +2 02 374 99 100
