As previously reported, in summer 2023, the Cairo Regional Centre for International Commercial Arbitration (CRCICA) gave the opportunity to arbitration practitioners to comment on their newly issued rules. To learn more about the new arbitration rules, read our previous insight here: ‘The oldest arbitration centre in the Middle East and Africa gets a makeover of its rules’. 

The CRCICA has now announced that its new rules shall enter into force from 15 January 2024. The new rules will be adopted on any newly lodged case before CRCICA as from 15 January 2024 (unless agreed otherwise). 

The new rules are designed to modernise arbitration proceedings, introducing new provisions to deal with the disclosure of third-party funders, online filing, consolidation of arbitration agreements and multiple contracts. Most importantly, the new rules introduce emergency arbitration and expedited arbitration to meet the needs of creditors and investors looking to act fast.

For more details, please contact Sherif Maher, Mohamed El Mahdy and Moamen Elwan.