Middle East

States from the Middle East have concluded over 600 trade deals. As of end of 2015, 32 ISDS cases involving countries from the region had been registered.

Turkey has been the most active, being respondent on 11 occasions and whose investors have initiated 19 litigations.

(January 2016)

IA Reporter | 5-Sep-2016
The Islamic Republic of Iran and the Slovak Republic have signed off on a deeply iconoclastic investment treaty.
Le Lézard | 23-Jun-2016
M. Iskandar Safa, co-propriétaire du Groupe Privinvest, un acteur dans le secteur de la construction navale, qui a pris le contrôle de Hellenic Shipyards SA, a présenté une requête d’arbitrage contre la République grecque au CIRDI
PR Newswire | 23-Jun-2016
Iskandar Safa, co-owner of the Privinvest Group, a global player in the shipbuilding industry, which took control of Hellenic Shipyards SA, submitted a request for arbitration against the Hellenic Republic at the World Bank’s ICSID.
Asia One | 4-Mar-2016
Singapore has moved quickly to sign an investment treaty with oil-rich Iran to support Singapore firms investing in an economy that is emerging after the recent lifting of global sanctions.
Ministry of Economy, Trade and Industry | 16-Feb-2016
The Agreement stipulates rules for investment protection and the development of an investment environment.
El Watan | 29-Jan-2016
La chaîne qatarie Al Jazeera a annoncé poursuivre l’Egypte en justice devant un tribunal d’arbitrage dépendant de la Banque mondiale, l’accusant d’avoir «confisqué» ses investissements et causé «une perte d’au moins 150 millions de dollars».
Lawyer Herald | 29-Jan-2016
Pan-Arab TV Network Al-Jazeera is taking legal actions against Egypt over the closure of the Qatar-owned broadcast network and the harassments of its journalists has led to $150 million worth of losses.
Reuters | 9-Dec-2015
Egypt said on Sunday it would appeal an order by international arbitrators to pay $1.76 billion in compensation to state-owned Israel Electric Corp for halting gas supplies.
Jeune Afrique | 8-Dec-2015
L’Egypte a été condamnée à payer 1,76 milliard de dollars (1,61 milliard d’euros) d’indemnités à la Compagnie d’électricité d’Israël (CEI)
Times of India | 7-Nov-2015
Two UAE firms are claiming Rs 5 lakh crore ($85billion) as compensation, perhaps the highest arbitration demand in India’s history.

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