The total number of arbitration cases filed before CRCICA until 30 June 2013 reached 901 cases. In the second quarter of 2013, 16 new arbitration cases were filed.
CRCICA’s caseload in the second quarter of 2013 involved disputes relating mainly to real estate, construction, services, gas supply, lease agreements, subcontracting, petroleum services and agency agreements. The second quarter of 2013 witnessed the filing of four cases arising out of real estate contracts, two of which are international arbitrations including parties from the UK and Russia and relating to the sale and purchase of two properties in Sahl Hasish, Hurghada, Egypt. The other two cases were domestic ones relating to the sale and purchase of two floating hotels as well as a commercial unit in a shopping mall.
It is worth noting that, in the same quarter, three cases arising out of services contracts were filed before the Centre relating to the supply of desalinated water for a hotel in Sharm El Sheikh, Egypt, the provision of consultancy services as well as petroleum services.
Three other cases arising out of construction contracts were also filed during the second quarter of 2013, one of which related to the civil and electromechanical works for the construction of a new factory for the production of dry batteries in Egypt. The other two cases related to the renovation of the Alexandria branch of one of the oldest and most famous private clubs in Egypt as well as the design, build and operation of a unit for refrigeration by natural gas.
Two international cases arising out of the sale and purchase of natural gas were also filed under the auspices of the Centre during the second quarter of 2013, one of which is seated in Madrid, Spain. The amount in dispute in one of these cases reached 1 billion USD (EGP 7 billion), representing as such a new record amount in dispute in cases brought before the Centre during the last two years.
Two lease agreements one of which relating to a bazaar and the other to a commercial unit were filed before CRCICA during the second quarter of 2013. Other disputes arose out of a subcontracting agreement for the installation of an automated fire alarm system in a cultural centre in one of the Egyptian governorates as well as an agency agreement regarding the sale of flight tickets concluded between an Egyptian agent and a well known Arab air carrier.
The following pie shows a breakdown of the types of disputed contracts during the second quarter of 2013:
The filing of cases involving a record amount in dispute as well as the selection of CRCICA’s Rules to govern arbitration proceedings conducted in Europe confirm the credibility of institutional arbitration under CRCICA’s auspices.
In the second quarter of 2013, arbitration proceedings involved parties from different countries including Egypt, Saudi Arabia, UK, Russia and Spain. CRCICA is pleased to see that its Arbitration Rules have been constantly selected by parties from Europe and Asia in addition to its usual Arab users.
The following pie shows a breakdown of the nationalities of non-Egyptian parties during the second quarter of 2013:
The second quarter of 2013 witnessed the appointment of arbitrators coming from Egypt, USA, Belgium, Germany, Sweden, UK and Italy. CRCICA is pleased with the “comeback”of Italian arbitrators.
The following pie shows a breakdown of the nationalities of non-Egyptian arbitrators in the Second quarter of 2013:
The total sums in disputes filed under the auspices of the Centre during the second quarter of 2013 and until 30 June 2013 amounted to USD 1,042,465,489. The largest amount in dispute being USD 1 billion.