A Pro-Arbitration Approach Changes the Dynamic

While international parties doing business in MENA traditionally chose to seat their arbitrations in Europe, the landscape has changed

Jurisdictions in the Middle East and North Africa (MENA) are be­coming more attractive arbitral seats for parties seeking to re­solve their disputes through in­ternational arbitration. Over the past few years, the region has embraced a more arbitration-friendly approach, which experts say is likely to continue.

“The recent developments in the re­gion are signaling a wind of change, and parties that do business there should take note,” says Randa Adra, a partner in Crowell & Moring’s International Dispute Resolution and Litigation groups. “Inves­tors and stakeholders should feel more confident about the dispute resolution mechanisms that are available locally.”

Read the complete article in the Litigation Forecast 2023.