Region: Jordan

Belt and Road project in Jordan spawns ICC claims

Jordan and one of its state-owned entities have launched ICC claims against a company awarded a US$2.1 billion contract to build a power station and mine as part of China’s Belt and Road initiative.

20 January 2021

Swiss court affirms Jordan award over “fraudulent” share sale

Switzerland’s top court has upheld an LCIA award rejecting a US$130 million claim against a Jordanian state-owned fund after finding that the underlying share purchase deal was fraudulent– as it emerges that related ICSID and UNCITRAL claims have been discontinued.

30 January 2017

Egypt and Jordan settle ICSID claims

A Kuwaiti investor has settled an ICSID claim that it filed against Egypt in the wake of the Arab Spring, as Jordan amicably resolves a dispute with French mobile operator Orange.

04 November 2016

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