Region: Africa & Middle East

Iranian gas award enforced in Rotterdam

Iran’s national oil company has failed to halt enforcement of a US$2.4 billion award in Rotterdam despite its last-minute entreaty to Dutch prosecutors to investigate the Emirati award creditor for alleged corruption.

13 December 2022

ICC to hear claims over Congo lithium venture

An Australian mining company is bringing a pair of ICC arbitrations against its former joint venture partner in a battle for ownership of a major lithium project in the Democratic Republic of the Congo – months after a Chinese multinational brought a claim over the same project.

09 December 2022

Egyptian carmaker brings treaty claim against Algeria

An Egyptian car manufacturer has filed a US$24 million treaty claim against Algeria over “severe damage and losses” allegedly caused by government measures.

07 December 2022

Saudi centre shares annulment data

There is only an 8% annulment rate for arbitral awards in Saudi Arabia and there was no example of a foreign arbitral award being annulled because of violation of public policy or shariah law in the first nine months of this year, the Saudi Center for Commercial Arbitration has revealed at an event held as part of Dubai Arbitration Week.

02 December 2022

Swedish investor drops ICSID claim over UAE residency permit

A Swedish-Iranian national who brought a funded ICSID claim against the United Arab Emirates over its refusal to renew his residency permit has dropped his case after the state contested the authenticity of some of his evidence.

01 December 2022

Tanzanian plane remains grounded despite ICSID stay

A Swedish investor that won a US$165 million award against Tanzania has persuaded a Dutch court to uphold the attachment of an aircraft owned by the east African state, even though ICSID has stayed enforcement pending annulment proceedings.

29 November 2022

Egypt settles "New Cairo" claim

Egypt has settled an ICSID claim brought by a Dubai-owned pipe manufacturer over its right to bid for tenders related to a sewerage network for “New Cairo” – a US$30 billion project to relieve overcrowding in one of Africa’s largest cities.

29 November 2022

Reed Smith hires from Curtis in Dubai

Reed Smith has hired Antonia Birt, who helped a UAE-based consortium to secure a US$1 billion settlement from Iraq, as a partner in Dubai from Curtis Mallet-Prevost Colt & Mosle.

29 November 2022

Shell sees off award challenge in Nigerian loan dispute

A London court has upheld a pair of awards against a Nigerian oil and gas producer in an ICC dispute over loans worth US$2 billion, ruling that a Shell subsidiary had not waived its unilateral option to bring an arbitration.

23 November 2022

Water wars loom, hears COP fringe event

The African Society of International Law hosted a landmark event in Cairo ahead of the current COP27 climate change summit in Sharm El-Sheikh, Egypt, with warnings of "water wars" among other disasters if action is not taken.

18 November 2022

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