Region: Africa & Middle East

Indonesian energy company takes Libyan state entity to ICC

An Indonesian energy company has reportedly brought an ICC claim against the National Oil Company of Libya over a US$900 million oil and gas project disrupted by civil war in the North African state.

20 June 2022

Turkish construction company pursues claim against Ethiopia

A Turkish construction company behind a multibillion-dollar industrial zone project is pursuing an investment arbitration against Ethiopia, it has emerged.

20 June 2022

Morocco dragged to ICSID over satellite cities project

A Spanish construction company has brought a €407 million ICSID claim against Morocco over a thwarted project to build two satellite cities to combat urban congestion.

16 June 2022

Shearman promotes in DC and Abu Dhabi

Shearman & Sterling has promoted Jesse Sherrett in Washington, DC and David Hume in Abu Dhabi to partner.

14 June 2022

Iraqi sea wall award comes to light

A Greek contractor has applied to enforce a US$105 million ICC award against an Iraqi state ports company over a record-breaking sea wall whose construction was allegedly delayed by an ISIS offensive and other issues.

07 June 2022

Singapore’s Keppel brings ICC claim over Doha sewage plant

A subsidiary of Singaporean conglomerate Keppel has filed a US$126 million ICC claim against the Qatar Public Works Authority over a terminated contract to build a sewage treatment plant in Doha.

01 June 2022

Libya loses appeal over Austrian investor’s award

A US appeals court has upheld an Austrian construction company’s €84 million investment treaty award against Libya, rejecting arguments that the tribunal did not issue a final decision and exceeded its powers.

31 May 2022

Guinea declares win in Steinmetz ICSID case

An ICSID tribunal has rejected mining company BSG Resources’ US$5 billion claim against Guinea over rights to the world’s largest iron ore deposit, the West African state has announced.

20 May 2022

Funder sues treaty claimant after settlement with Egypt

A disputes funder that provided initial financing for an investment treaty claim against Egypt before going bankrupt is now suing the successful claimant for a share of the settlement proceeds.

20 May 2022

UAE authority loses treaty claim against India

An UNCITRAL tribunal has reportedly dismissed a US$273 million investment treaty claim against India brought by an Emirati investment authority over a cancelled bauxite supply agreement.

19 May 2022

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