Arbitration is a contractual form of legal settlement for
domestic and/or international disputes. Any given party's right
to refer their dispute to arbitration depends on the existence of
an 'Arbitration Agreement' between parties
to the dispute.
Recognizing the increasing importance of international
arbitration as a means of settling international commercial
disputes, the Convention on the Recognition and Enforcement of
Foreign Arbitral Awards ("New York Convention 1958")
seeks to provide common legislative standards on the recognition of
arbitration agreements as well as the recognition and enforcement
of foreign arbitral awards by courts.
As a party to the Convention, Egypt is under an obligation to
recognize foreign arbitral awards and to consider them enforceable
in its jurisdiction according to its domestic law. However, the
judge ordering implementation may refuse the recognition and
enforcement of the award, on the basis of a request issued by the
party