Obtained a US$490 million win for a Kuwaiti-led consortium against an Egyptian port authority
|People in Who's Who Legal||1|
|Pending cases as counsel||9|
|Value of pending counsel work||US$4.85 billion|
|Third-party funded cases||0|
|Current arbitrator appointments||3 (1 as chair or sole)|
|Lawyers sitting as arbitrator||2|
This Egyptian full-service firm was set up by Karim Youssef in 2016, after he’d spent more than five years as partner at Amereller Legal Consultants in Cairo and Dubai, where he headed the Middle East arbitration practice. Before that, he practised for two years at Cleary Gottlieb Steen & Hamilton.
Youssef has worked on some high-profile commercial and investment treaty arbitrations, often relating to public contracts awarded by states in the region. In 2019, the Cairo Regional Centre for International Commercial Arbitration (CRCICA) appointed him to its advisory committee and he is also a member of the editorial board of the Journal of Arab Arbitration. He sits as arbitrator in CRCICA, DIAC, and ICC arbitrations.
The firm has recently expanded after acquiring another Cairo firm, Moharram Law, whose founding partner has significant experience in construction disputes. It now a 20-strong practice, including a counsel and a group of senior associates.
It takes pride in having an unusually large proportion of female lawyers compared with its competitors in the region.
Who uses it?
The firm has advised the Arab African International Bank; the Arabian Cement Company and its parent Cementos La Union Group; Veolia Proprete; IGI Group; CTIP Oil and Gas; Kuwait’s KGL; Egypt Kuwait Holding Company; the Arab Contractors Company; and EgyptAir.
Karim Youssef’s greatest hits include helping Egyptian television station CBC prevail in a claim against Egyptian satirist Bassem Youssef, who has been described as Egypt’s answer to US comedian Jon Stewart. He has also successfully defended the Egyptian branch of a major energy conglomerate in a dispute over the supply of power generators.
The firm also helped developer Al Kholoud obtain a US$89 million settlement that brought an end to an UNCITRAL case against Egypt arising from the judicial unwinding of a Mubarak-era privatisation of a steam boiler manufacturer in the wake of the 2011 revolution.
The firm enjoyed a headline-grabbing win for DIPCO, a consortium led by Kuwaiti logistics group KGL, in an ICC claim against the Damietta port authority arising from the termination of a 40-yeart concession to build a terminal at the port. A Cairo-seated tribunal awarded the clients US$490 million, also dismissing a counterclaim for roughly the same amount. Yousseff & Partners co-counselled with Crowell & Moring on the case, which has also spawned the threat of a US$1.1 billion treaty claim.
It is also counsel to an Italian oil and gas company in a high-value CRCICA claim against the UAE’s Dana Gas relating to two oil and gas concessions in Egypt.
And it is representing the claimant in three parallel arbitrations under the DIFC-LCIA rules against providers of high-end educational services in the MENA region.
On the investment treaty front, besides the Damietta port matter already mentioned, the firm is also acting in a couple of treaty disputes under the Kuwait-Egypt and Kuwait-Russia BITs.
And it is counsel to Spanish investors Cementos La Union and Aridos Jativa in a €400 million ICSID claim relating to their investment in one of Egypt’s biggest cement companies.
At the 2019 GAR annual awards, Youssef won the Best Lecture award for a keynote arguing that Egypt’s reaction to the numerous cases it faces following the Arab Spring shows the investor-state arbitration system is working well.
The firm has hired Paris-based independent practitioner Sally El Sawah as a partner, while Moustafa Alameldin, former counsel, left the firm to pursue a doctoral degree.
Karim Mostafa, CEO of Starlight Education, who took Dubai’s Real Estate Investment Trust to arbitration over delayed payments in relation to the construction and operation of a school, says the firm’s performance was “very solid” in all fronts.
Youssef & Partners is like no other practice in Egypt. We are a full-service firm with a cosmopolitan and international outlook, exercising regional influence and delivering client services to truly global standards. The firm's renowned flagship practice is commercial and investment treaty arbitration with a focus on complex and high-value disputes. Our unparalleled multinational expertise, strong business sense, superior strategy, and remarkable track record maximize clients' results.
Headed by Dr. Karim A. Youssef, a leading figure in Middle Eastern arbitration, the arbitration and international law team at Youssef & Partners is one of Egypt and the MENA region’s most elite and sophisticated.
As Egypt’s premier arbitration practice, the firm focuses on representing local and foreign investors in some of the largest and most significant investment treaty and commercial cases in the MENA region. Located in Cairo, Youssef & Partners handles major local and international disputes and advises some of the world’s leading corporations across the MENA region. The firm’s global outreach is second to none in the region; we are involved in arbitral or court proceedings in four continents.
Geographical boundaries are less relevant by the day, and our core belief is that clients should not have to suffer less than state-of-the-art lawyering and counsel services simply because they do business in emerging or foreign markets.
Youssef & Partners works to win, and our unqualified reputation in the local and international markets is that we do. We focus on what matters most to our clients and we make it happen.