The provisions of the annexed Law shall apply to any arbitration pending at the time of its entry into force or which commences thereafter, even if it is based on an arbitral agreement concluded before the entry into force of this Law.

The Minister of Justice shall issue the decrees required for the execution of this Law, and shall establish the lists of arbitrators from which selections may be made pursuant to the provisions of Article 17 thereof.

Articles 501 to 513 of Egypt Law No. 13/1968 promulgating the Code of Civil and Commercial Procedures are hereby repealed as well as any provision contrary to the provisions of this Law.

This Law shall be stamped in the Official Gazette and shall enter into force one month from the day following the date of its publication.*^[2]