A Construction Contracts Webinar
Navigating Major FIDIC Amendments Across the MENA Region
Part 1
Moderator
Dr. Waleed El Nemr
Vice Chair, Ciarb Egypt Branch
Speaker
Eng. Maged Raouf Fayek
Contracts & Claims Director, at CCE - KSA
Get ready for an engaging debate on heavily amended FIDIC clauses in MENA
- 7 August 2024
- 5:00 PM Cairo Time
- Online
- English
The construction industry in the MENA region has for decades been witnessing a significant trend: the imposition of major amendments to FIDIC contracts. These major amendments invariably disturb the balanced risk allocation in the FIDIC contracts by shifting obligations disproportionately between the contracting parties, eventually leading to the propagation of claims and disputes. This trend resulted, among other reasons, in FIDIC’s issuance of the Golden Principles in 2019.
Mark your calendars for 𝐀𝐮𝐠𝐮𝐬𝐭 𝟕, 𝟐𝟎𝟐𝟒, to attend this webinar co-organized with the Cairo Regional Centre for International Commercial Arbitration CRCICA, which is the first of a series of events aimed to address these critical amendments. Eng. Maged Fayek, Contracts & Claims Director, Contracting & Construction Enterprises (CCE), Saudi Arabia will discuss his research on this topic on numerous FIDIC contracts in MENA, while Dr. Waleed El Nemr, Vice Chair Ciarb Egypt Branch, moderates. Expect a debate between the speaker and moderator, as Eng. Maged presents the contractors’ side while Dr. Waleed addresses the Engineer’s side. This event is an interactive event, as attendees will be asked to participate throughout the debate (not just through questions at the end).
