Region: Egypt
Egyptian property attached in the Netherlands
A former residence of the Egyptian ambassador in The Hague has been attached at the request of a Finnish businessman seeking to enforce a US$115 million investment treaty award.
27 April 2020
Egypt liable over jailing of businessman
A Finnish businessman has been awarded US$115 million in a third party funded treaty claim against Egypt over the loss of his iron and steel business and his imprisonment – as the state applies to a Dutch court to set the award aside.
24 April 2020
PCA hears claim against Egypt over plane disaster
A Russian airline and a Turkish tour operator are seeking at least US$200 million in an investment treaty claim against Egypt at the Permanent Court of Arbitration over the suspected bombing of an aircraft five years ago.
09 March 2020
Egypt settles saga over LNG plant
Spain’s Naturgy and Italy’s Eni have agreed to settle a long-running dispute with Egypt over a natural gas liquefaction plant at the port city of Damietta – which gave rise to a US$2 billion ICSID award and various claims against state-owned entities.
28 February 2020
Egyptian authority liable over cancelled port project
A Kuwaiti-led consortium has won over US$490 million in an ICC claim against an Egyptian state authority over a terminated concession for a container terminal facility at the port of Damietta – a dispute that has also given rise to a threatened treaty claim.
20 February 2020
Sharm El Sheikh International Arbitration Centre
28 January 2020
Ahmed Sadek El-Kosheri 1932-2019
Egyptian arbitrator Ahmed Sadek El-Kosheri, a major figure in international arbitration in the Arab world and beyond for nearly half a century, has died aged 86.
19 March 2019