Fatima Belfaqih Appointed as Arbitrator at ICSID
📋 Key Takeaway: Fatima Belfaqih has been appointed by the UAE government to the International Centre for Settlement of Investment Disputes (ICSID), a significant milestone in her legal career.
UAE Government Appoints Fatima Belfaqih to ICSID
The UAE government has officially appointed Fatima Belfaqih, founder of Belfaqih Law Firm, to the list of arbitrators at the International Centre for Settlement of Investment Disputes (ICSID). This prestigious institution operates under the World Bank Group and is recognized globally for resolving investment disputes. Belfaqih’s appointment is valid for a six-year term, concluding on February 20, 2032, as stipulated by Article 13(1) of the ICSID Convention.
Belfaqih expressed her gratitude for the appointment, highlighting its significance in her professional journey. She stated, “This appointment represents an important milestone in my career. I have built my professional expertise in governmental and quasi-governmental environments, continuously working closely with clients from the public sector. My focus has been on governance, procurement in the public sector, and frameworks for sustainability and environmental, social governance.”
The appointment not only underscores Belfaqih’s extensive experience but also reflects the UAE’s commitment to enhancing its role in international arbitration. As a member of the ICSID, Belfaqih will contribute to the resolution of disputes involving foreign investments, which is crucial for maintaining investor confidence in the region.
Fatima Belfaqih’s Professional Background
Fatima Belfaqih has established a notable career in law, particularly in the fields of public sector governance and legal consultancy. Her firm, Belfaqih Law Firm, is recognized for its expertise in legal matters related to government contracts and public procurement. Throughout her career, Belfaqih has worked on various high-profile cases, demonstrating her capability in navigating complex legal frameworks and providing strategic advice to governmental entities.
Her appointment to the ICSID is a testament to her qualifications and the trust placed in her abilities by the UAE government. As she embarks on this new role, Belfaqih is expected to leverage her extensive knowledge and experience to contribute to the ICSID’s mission of resolving investment disputes fairly and efficiently.
Frequently Asked Questions
What is the ICSID?
The International Centre for Settlement of Investment Disputes (ICSID) is an institution that provides facilities for conciliation and arbitration of investment disputes between governments and foreign investors.
What is the significance of Belfaqih’s appointment?
Belfaqih’s appointment signifies her recognition as an expert in her field and enhances the UAE’s presence in international arbitration.
How long is Belfaqih’s term at ICSID?
Fatima Belfaqih’s term at ICSID is for six years, ending on February 20, 2032.
