Region: Africa & Middle East

Canadian oil investor takes Tunisia to ICSID

A Canadian energy company has lodged an ICSID claim against Tunisia relating to oil concessions in the country.

06 June 2023

Investors seek to revive claims against Serbia and Armenia

A pair of companies have applied to annul an ICSID award that rejected its €300 million treaty claim against Serbia, as an Emirati company and its US CEO also seek to revive an unrelated US$326 million claim against Armenia at the centre.

05 June 2023

Hyundai unit settles Omani sewage dispute

An Omani engineering company has agreed to settle an ICC dispute with a Hyundai affiliate over delays to a billion-dollar sewage treatment plant in Muscat.

02 June 2023

Italian oil trader warns of treaty claim against UAE

An Italian oil trader has threatened to bring an investment treaty claim against the United Arab Emirates over his imprisonment on charges he breached an embargo on Yemen.

01 June 2023

Libyan refinery award upheld in Paris

The Paris Court of Appeal has upheld an ICC award in favour of Libya’s national oil company, rejecting arguments that tribunal chair Hilary Heilbron KC lacked impartiality because another barrister at her London chambers acted as counsel to Libya in a separate case.

31 May 2023

Indian power plant award challenged in Singapore

India’s Reliance Infrastructure has challenged a US$146 million SIAC award in favour of a Chinese energy group over the supply of equipment for a coal-fired power station – as a second arbitration continues.

31 May 2023

DP World takes another Djibouti port award to DC

Emirati logistics group DP World has asked a DC court to enforce a US$200 million LCIA award against Djibouti – months after the court enforced an award in a separate arbitration over the same port facility on the Red Sea.

30 May 2023

Mauritius seals win in treaty dispute with dual national

A French-Mauritian businessman whose US$1 billion investment treaty claim against Mauritius was dismissed five years ago because of his dual nationality has lost a final bid to challenge the decision in the Belgian courts.

29 May 2023

Scherer award upheld in Djibouti port dispute

A Djibouti state-owned entity has failed to overturn a liability award issued by Maxi Scherer as sole arbitrator in an LCIA dispute with Emirati logistics group DP World over a port facility on the Red Sea.

26 May 2023

Dual national's award against Senegal upheld

The French Court of Cassation has upheld a US$243 million investment treaty award obtained by a French-Senegalese businessman against Senegal, dismissing the state’s arguments regarding his dual nationality.

25 May 2023

Unlock unlimited access to all Global Arbitration Review content