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Emirati energy company Dana Gas says it has defeated an LCIA claim brought by a US energy group over the aborted sale of Egyptian assets, less than three months after it was filed.
29 July 2021
The administrators of an insolvent Emirati healthcare group have agreed to a London arbitration to resolve disputes over insurance receivables that a Dubai bank has claimed as security for an Islamic finance deal.
21 July 2021
Emirati real estate developer Meydan has agreed to pay US$198 million to a Malaysian construction group to satisfy a DIAC award over a cancelled contract to build a racecourse in Dubai.
14 July 2021
Dubai-based logistics group DP World has reportedly prevailed in another LCIA arbitration with Djibouti over a strategic port facility on the Red Sea, with a sole arbitrator rejecting a state-owned entity’s bid to escape a joint venture agreement.
12 July 2021
A court in Abu Dhabi’s financial free zone has stayed claims by the administrators of an insolvent Emirati healthcare group against a Dubai bank on the basis that they fall within the scope of an LCIA arbitration clause in an Islamic finance agreement.
28 May 2021
Morocco has paid to settle an ICSID claim brought by an Italian construction company over a tunnel project – as a British businessman discontinues his ICSID case against the United Arab Emirates concerning an artificial archipelago.
21 May 2021
As the US Supreme Court receives amicus briefs on whether US law permits discovery in aid of foreign commercial arbitrations, a court in Washington, DC, has found that a DIFC-LCIA proceeding qualifies for such assistance because the institution is “state-sponsored”.
14 May 2021
A Swedish national allegedly deported from the United Arab Emirates has filed an ICSID claim over his data storage business in the country – while Turkmenistan is also facing a new claim at the centre lodged by Turkish construction investors.
23 April 2021
Ahmed Ibrahim has left Fenwick Elliott, where he was managing partner for the Middle East and Africa, to practise as an independent arbitrator in Dubai.
15 April 2021
As Jersey looks to sign its first-ever bilateral investment treaty, with the United Arab Emirates, Alex Fawke and Harry Stratton of Linklaters consider the Channel Island’s ambiguous relationship with the UK and the issues this could raise in making claims under the treaty.
23 February 2021
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