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Welcome to the 17th edition of the Baker McKenzie International Arbitration Yearbook. We are pleased to bring you our analysis of notable developments in international arbitration over the past year from over 40 jurisdictions worldwide. As with the editions before it, the 2023-2024 Yearbook covers important legislative and case law updates from each jurisdiction. This includes: New arbitral rules from many institutions including the SCC (Stockholm), CAM (Milan), CIAM (Madrid), SCCA (Saudi Arabia), CIETAC (China),…

A. LEGISLATION AND RULES A.1 Legislation International arbitration in South Africa continues to be governed by the International Arbitration Act, 15 of 2017 (“IAA”), which incorporates the UNCITRAL Model Law. Domestic arbitrations in South Africa continue to be governed by the Arbitration Act, 42 of 1965 (“Arbitration Act”). A.2 Institutions, rules and infrastructure The Arbitration Foundation of Southern Africa (“AFSA”) and the Association of Arbitrators, Southern Africa, remain the primary domestic arbitration organizations used to…

The introduction of amendments to the UAE Federal Law No. 6/2018 on Arbitration (the “Arbitration Law”) in September 2023 has been the highlight of the arbitration landscape in the United Arab Emirates (UAE). The Arbitration Law – largely based on the UNCITRAL Model Arbitration Law – applies to arbitrations seated in the UAE (other than in the financial free zones) or otherwise subject to UAE law. Arbitrations seated in the Dubai International Financial Centre (DIFC)…

The recent issue of the Kingdom of Saudi Arabia’s (KSA) official gazette published in early June 2023 includes the Resolution No. 1321/1444 of 6 June 2023 (“Resolution”) issued by KSA’s Minister of Finance. The resolution adopts: The model general arbitration submission agreement; and The model arbitration submission agreement providing for the arbitration in the Saudi Center for Commercial Arbitration (SCCA). The Resolution follows the liberalization of the dispute resolution regime in KSA, specifically allowing for…