The total number of arbitration cases filed before CRCICA until 31 December 2016 reached 1161 cases. In 2016, 91 new arbitration cases were filed, scoring as such 75% annual increase compared to the 54 cases initiated in 2015. 2016 witnessed a new record for the number of cases registered under the auspices of CRCICA in a single year (91 cases). The previous record, reached in 2012 (78 cases), has therefore been broken.
16 out of the 91 new cases were filed in the first quarter of 2016, while 23 cases were filed in the second quarter of 2016. The third quarter of 2016 witnessed the filing of 30 new arbitration cases, while 22 new cases were filed in the last quarter of 2016.
The 22 new cases filed in the fourth quarter of 2016 involved disputes relating to construction, media and entertainment, hotel management, services, settlement agreements, telecommunications, agency agreements, distribution agreements, franchise agreement, license agreement and merger and acquisitions.
The following pie shows a breakdown of the various types of disputed contracts during the fourth quarter of 2016:
According to the statistics of 2016, construction disputes rank on top of the disputed contracts referred to the Centre 23 Cases followed by disputes arising out of services contracts 20 cases and media and entertainment 10 cases. Cases arising out of both hotel management and lease agreements filed in 2016 amounted to 5 cases each, while the number of cases arising out of settlement agreements amounted to 4 cases. Disputes arising out of sale and purchase of shares, supply contracts and telecommunications amounted to 3 cases each, while disputes arising out of agency agreements, international sale of goods and real estate amounted to 2 cases each. The remaining 9 cases filed in 2016 related to charter party agreement, partnership agreement, distribution agreement, franchise agreement, intellectual property rights, joint venture agreement, license agreement, merger and acquisitions, and tourism agreement 1 case each.
The following pie shows a breakdown of the types of disputed contracts in 2016:
The rich variety of the types of disputed contracts referred to CRCICA in 2016 clearly illustrates the importance of arbitration as a means of dispute settlement and confirms the credibility of institutional arbitration under CRCICA’s auspices.
In the fourth quarter of 2016, arbitration proceedings involved parties from different countries including Egypt, Saudi Arabia, Lebanon, France, Spain and the U.S.A.
The following pie shows a breakdown of the nationalities of non-Egyptian parties in the fourth quarter of 2016:
According to the statistics of 2016, parties from the U.A.E. rank on top of the non-Egyptian parties referring their disputes to the Centre, followed by parties from Jordan, Lebanon, Libya, Saudi Arabia, the Cayman Islands, Italy, Germany, Spain, Cyprus, France, India, the U.K. and the U.S.A.
CRCICA is pleased to see that in 2016, its Arbitration Rules have been selected by parties to two purely international contracts (not involving any Egyptian party) concluded between parties from Saudi Arabia, Jordan and Libya.
The following pie shows a breakdown of the nationalities of non-Egyptian parties in 2016:
The fourth quarter of 2016 witnessed the appointment of arbitrators coming from Egypt, Jordan, Iraq, the U.K., Switzerland and France.
The following pie shows a breakdown of the nationalities of non-Egyptian arbitrators during the fourth quarter of 2016:
According to the statistics of 2016, arbitrators sitting in CRCICA cases came from Egypt, France, the U.K., Jordan, Iraq, Lebanon, Switzerland, Germany and the U.S.A.
The following pie shows a breakdown of the nationalities of non-Egyptian arbitrators in 2016:
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It is also worth mentioning that the fourth quarter of 2016 witnessed the filling of a mediation case concerning a contract for shipment of goods between two Egyptian companies. |
