Award of 24 September 1996, case No.64/1995
Arbitrators:
Three arbitrators of Egyptian nationality
Parties:
Claimant: An African tourism company; Respondent: Another African tourism company
Place of Arbitration:
CRCICA Cairo, Egypt
Subject Matter:
interpretation of contract
Language of Arbitration:
Arabic
Applicable law:
Egyptian law
A contract should be interpreted in order to support the intention of the parties. Terms of contract are interpreted to reflect what the parties had intended at the time of entering the contract. Terms should be interpreted as a whole and should not be isolated for purposes of interpretation.