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In June last year, the Cairo Regional Centre for International Commercial Arbitration (“CRCICA”) released a draft of its updated Arbitration Rules, in a bid to modernise the arbitration regime under the previous 2011 arbitration rules. In a previous article (click here), we discussed the proposed amendments and CRCICA’s commitment to providing an effective and adaptable framework for dispute resolution in the region.
Following a consultation period, CRCICA recently announced the rules shall enter into force as of 15 January 2024 (the “Arbitration Rules 2024”). The Arbitration Rules 2024 continue to be based on the UNCITRAL Arbitration Rules but include provisions that cater for, amongst other things, online arbitration filings, remote hearings, the law applicable to the arbitration agreement, consolidation of arbitrations, multiple contracts, third party funding, Emergency Arbitrator Rules, and Expedited Arbitration Rules. Ultimately, the Arbitration Rules 2024 seek to embrace modern practices and technology to facilitate a more efficient and flexible arbitration process.
The Arbitration Rules 2024 have been released in English (click here) and Arabic (click here), with a French version expected to be released soon.
CRCICA have also released comparisons between the 2011 and 2024 versions of Arbitration Rules, both in English (click here) and Arabic (click here). These comparisons highlight the changes CRCICA have introduced in the Arbitration Rules 2024, with a view to increasing efficiency and meeting the needs of users in evolving landscapes.
For a more detailed summary of the key changes, please refer to our previous article on the 2024 Arbitration Rules - click here.
31 January 2024
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