New Restriction On Arbitration Clauses In State – Foreign Investor Contracts

In order to improve the Egyptian status with regards to the international arbitration disputes, in which the state is party of whether wholly or partially, the Egyptian Prime Minister has issued a new Decree No. 2592 of the year 2020 (hereinafter referred to as the "New Decree"), which fundamentally and ambiguously amended the provisions of the Decree No. 1062 of the year 2019 on organizing the Supreme Commission to study and provide opinion on international arbitration cases, in which the state is part of.

Decree No. 1255 of the year 2014 established this Commission; the latter Decree was canceled and replaced by virtue of the Decree No. 1062 of the year 2019.

First: Formation of the Commission